23 C
Lagos, Nigeria
Wednesday, October 17, 2018

Nigeria sells treasuries to keep naira liquidity tight

Nigeria’s central bank sold N98 billion of treasury securities on Thursday to keep liquidity tight to support the currency, a day after it auctioned...

CAC crashes cost of business registration

The Registrar-General, Corporate Affairs Commission (CAC), Bello Mahmud, said on Tuesday in Abuja that the cost of business registration in Nigeria is now cheaper...

Investors lose N220bn in one day at Nigerian stock market

Investors in Nigeria’s stock market lost a total of N220 billion on Monday due to the losses recorded by 22 firms listed on the...

Synergos offers platform for diversity into agribusiness

A non-profit organisation Synergos Institute is partnering the National Orientation Agency (NOA) in Nigeria to organise a summit on 14 November to set the...

South Africa’s Sun International close to exiting Nigeria

South Africa’s Sun International expects an investigation into a shareholder dispute at its Nigerian operation to be completed shortly, paving the way for the...

Samsung Galaxy Note 7 owers get massive discount on Note 8

Samsung's Note 7 incident cost the company a lot of money and some goodwill. But the financial burden isn't over yet because the firm...

Mercedes-Benz to electrify entire car line-up by 2022

Mercedes-Benz is the latest automaker to embrace electrification, announcing that it will be electrifying its entire vehicle lineup by 2022. Car makers are going to...

OLX shuts down Nigeria offices

There are indications that OLX, an online marketplace owned by Naspers, has shut down its offices in Nigeria, a move that will affect over...

Naira maintains N361 per dollar at parallel market

The naira on Wednesday exchanged at N361.50 to the dollar at the parallel market, maintaining same rate for the past one-week, the News Agency...

Amazon boss Bezos tops Forbes world’s rich list

Amazon chief Jeff Bezos is now the world's richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second...

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North Korea fires missile over Japan

. In a first, North Korea on Tuesday fired a mid-range ballistic missile over Japan, further escalating tensions with the United States and its allies...

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