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Want Some 'Internet Money' Today? Checkout These 4 Effective Ways to Make Money Online

If you have always wanted to make some money online but didn't know how to go about it, then these are some tips to consider.  Thanks
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See the Value of the Naira Today at the Black Market

Interventions from the apex bank of Nigeria has helped in improving the value of the greenback in the parallel market.  The naira closed at 365 against...
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Foreign Reserves Hit $30.5bn on Rising Oil Prices

The foreign reserves of Nigeria has increased amidst tremendously as the country struggles to giggle out of recession. The nation’s foreign reserves reached $30.5 billion...
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Naira Depreciates as Financial Meeting Continues... See Current Value

The greenback has continued to fall again in the face of constant interventions by the apex bank of Nigeria. The naira falls yesterday to N367...
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CBN To Allocate Forex To Banks Based On The Size Of Their Shareholder’s Funds

Nairametrics| The Central Bank of Nigeria now allocates foreign exchange (FX) to banks based on the size of their unimpaired shareholders’ funds – the value...
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AMCON Speaks: Arik Air Needs N10bn To Resume Full Operations

The Asset Management Corporation of Nigeria (AMCON) on Sunday said it had discovered deep rooted rot at embattled airline, Arik Air. AMCON said it would require...
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Mercedes Overtakes BMW As Biggest Luxury Car Brand

BMW lost its crown as the world’s biggest luxury car brand to Mercedes-Benz, ending its reign after more than a decade. The Munich-based manufacturer sold 80,000...
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N330bn Fine Forces MTN To Sell Bonds

Everest Amaefule and Stanley Opara MTN Group Limited is currently seeking fresh funds through the sale of bonds to offset a N330bn ($1bn) Nigerian fine, pay...
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Dangote Cement Increases Prices

Johannesburg - Dangote Cement, Africa’s largest cement producer, has raised the price for the building material in its biggest market of Nigeria after a devaluation...
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Excitement In Nigeria As N20 & N50 Recharge Cards Are Introduced Into The Market

Its more excitement in the Nigerian market as mobile users can now enjoy smaller recharge amounts. OneCard Nigeria has introduced N20 and N50 recharge cards...
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Dollar Drops After Federal Reserve Meeting

The dollar dropped Thursday as records from the Federal Reserve’s last meeting dampened hopes of an imminent US interest rate hike. Minutes from the US central...
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Nigeria: Naira Weakens Against Dollar

The Naira on Monday depreciated against the dollar at the parallel market, the News Agency of Nigeria (NAN), reports. The Nigerian currency lost N3 to exchange...
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CBN Warns Nigerians Against Patronizing Unregistered IMTO?s?

‎The CBN in a press release signed by Mr Isaac Okoroafor Acting Director of its Corporate Communication Department, has warned Nigerians of the activities of...
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CBN To Mop Up N245 Billion As Cost Of Funds Falls By 50 Percent

By Babajide Komolafe The Central Bank of Nigeria (CBN) will this week mop up N245 billion from the interbank money market in a bid to reduce...
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CBN To Mop Up N245 Billion As Cost Of Funds Falls By 50 Percent

By Babajide Komolafe The Central Bank of Nigeria (CBN) will this week mop up N245 billion from the interbank money market in a bid to reduce...
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MTN Announces The Appointment Of First Nigerian Chief Financial Officer

By Zakariyya Adaramola The appointment of Adekunle Awobodu has been announced as the new Chief Financial Officer (CFO) of MTN Nigeria. He is the first Nigerian...
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Workers ask federal govt to investment into auto industry

Members of the Automobile, Boatyards, Transport, Equipment and Allied Senior Staff Association have urged the Federal Government to invest in the auto industry, own its...
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Global Biscuit Brands Unite To Explore Nigerian Market

By Raheem Akingbolu Yildiz Holding, CEEMEA's largest food company, has brought together its core biscuit, chocolate, and confectionery businesses United Biscuits, Godiva Chocolatier, Ulker and DeMet's...
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Strategic Marketing Africa Unpacks Insurance Industry Opportunities

The second 2016 issue of the Strategic Marketing Africa unpacks the opportunities in the insurance industry, a warts-and-all report on the Nigerian PR industry, innovation...
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2 Diamond Bank Managers Arraigned For Money Laundering

The National Drug Law Enforcement Agency (NDLEA) yesterday arraigned Diamond Bank Plc and two of its managers, Lasisi Abayomi and Hillary Ojukwu and two others...
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N400 In Sight As Naira Falls Again In The Black Market, See Current Value

Naira has fallen again in its exchange for the dollar in the highly unstable parallel market. The Nigerian Currency which exchanged for N353 to a...
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Market capitalisation drops by N42bn

Activities on the Nigerian Stock Exchange (NSE) on Tuesday remained on a negative note due to profit taking embarked by investors leading to a further...
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Nigeria's Oando Signs 94.6bn Naira Restructuring Loan

Nigrian oil firm Oando said on Monday it has secured a 94.6-billion naira ($475-million) loan facility from ten domestic banks under plans to restructure its...
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Naira Tumbles Again In The Black Market

The value of the naira at the unpredictable parallel market has fallen massively over the weekend. The Nigerian currency which has exchanging for N347 to...
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Nestle And IFDC Partner To Support Farmers In Nigeria

About 1,000 farmers in northern Nigeria will be trained on good agricultural practices and entrepreneurial skills thanks to a new partnership between Nestlé Nigeria and...
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Diamond Bank Sacks 200 Workers

The economic challenges affecting the country has led Diamond Bank Plc to sack 200 members of its workforce. This could be as a result of...
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Bank of Industry Commissions 24KW Off-Grid Solar Power In Kaduna

The Bank of Industry (BoI) has commissioned a 24KW micro-grid solar system in Charwa/Chakun, an off-grid community in Markafi local government area of Kaduna State. The...
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Nigerian Naira Falls Ahead Of Central Bank Rate Decision

 Nigeria's naira currency weakened slightly in the parallel market on Tuesday ahead of an interest rate decision and a possible announcement that the central bank...
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UBA Appoints Five New Executive Directors To Group Board

United Bank for Africa (UBA) Plc, a leading pan-African banking group with operations in 19 countries on the continent and presence in London, Paris and...
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Airtel Reviews Data Tariff To Boost Customer Value

Airtel Nigeria has announced a review of its data tariff plans in a strategic move to offer more value to customers. Under the new data...
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Zenith Bank And French Firm Sign $100m Power Sector Credit Facility

Zenith Bank Plc and the French Development Agency (Agence Francaise de Development (AFD), operator of France’s bilateral development finance mechanism have signed a $100 million...
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Fidelity Bank Rewards Customers In Savings Promo

As part of efforts to reward its loyal customers, Fidelity Bank Plc in the sixth draw of its Save-4-Shelter savings promo has rewarded lucky winners...
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Access Bank Partners UNICEF

Access Bank Plc has announced that the 10th edition of its annual charity shield competition for vulnerable school children in Kaduna State would hold from...
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ForexRally Gives Out Toyota Hilux To Contest Winner Peter Uzoho

ForexRally Global Limited, an international online broker, has rewarded winners of its 2016 trading competition in Nigeria with prizes. At the award ceremony held in Lagos,...
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Champion Breweries Promises To Sustain Positive Performance

The Chairman of Champion Breweries Plc, Dr. Eljiah Akpan has assured shareholders that the company will sustain the positive performance recorded in 2015 and achieve...
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Federal Inland Revenue Service Shuts Glo Offices Over N24.3bn Tax Fraud

The Federal Inland Revenue Service on Wednesday came hard on a major telecommunications company, Globacom Limited by shutting its offices in Lagos for failure to...
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Lafarge Africa Floats N60bn Bond

Lafarge Africa Plc, a member of the LafargeHolcim Group, has floated a N60 billion bond which it plans to use in refinancing loans at United...
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Lagos Ports Busy As Imports Tumble

Activities at the Lagos ports have gradually come to a grinding halt as the foreign exchange restrictions announced last year by the Federal Government takes...
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FSDH Merchant Bank Posts N4.7 Billion Profit

The FSDH Merchant Bank has said it posted a profit before tax of N4.72 billion for the financial year ended December 31, 2015. This represents an...
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Mitsubishi Loses $2.5bn In Stock Over Fuel Cheating Scandal

Mitsubishi Motors shares nosedived again Thursday as panic selling wiped about $2.5 billion off the automaker’s market value in response to its shock admission that...
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Access Bank Launches N1bn Access Nolly Fund To Promote Movie Industry

Access Bank Plc has launched a N1 billion ‘AccessNolly’ fund. The bank explained that the move was part of efforts to improve and provide solutions...
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GTBank Empowers Female Entrepreneurs In Africa

Foremost African financial institution, Guaranty Trust Bank plc, has partnered African-focused entrepreneurship accelerator, She Leads Africa (SLA) and the Work in Progress! Alliance (Oxfam and...
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Samsung Opens New Service Centre In Lagos, Nigeria

Samsung Electronics West Africa has opened a new service centre in Ikeja, Lagos to further bond with its customers. Located in Opebi, the new service centre,...
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Banks Total Deposits And Loans To The Economy Hit N13 Trillion

Banks' loans to the economy appeared to have stunted in 2015 after a two-year recovery and growth. Total loans as at end of 2015 was N13.1...
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MTN Nigeria Close To Fine Resolution, Acting CEO Prepares For Exit

Phuthuma Nhleko plans to step down from his post next month, according to an unnamed source; telco denies media speculation it has already reached agreement...
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Dangote Invests U.S.$20 Billion In Pipeline Infrastructure, Fertilizer And Petrochemicals

By Roseline Okere and Femi Adekoya Dangote Group is investing about $20 billion into gas pipeline infrastructure, power generation, petrochemical, fertilizer, sugar refinery and petroleum refinery...
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Dana Air Partners Diamond Bank On Lounge Services

Dana Air is partnering with Diamond Bank to provide lounge services for its business class passengers, thereby fast-tracking boarding. The airline said with this innovation, it...
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Nigeria's Telecoms Industry's Investment Profile Hits U.S.$32 Billion Says Danbatta

The Nigerian Communications Commission (NCC) says about 32 billion dollars has been invested in the nation's telecommunications industry from Foreign Direct Investment (FDI) and local...
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Ntel Unveils First Mobile 4G/LTE Service In Nigeria

ntel, Nigeria’s most advanced 4G/LTE network has announced the commencement of its phased and paced commercial operations with bumper offers for Pioneers and data users. The...
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MTN Launches Package Which Allows Users To Stream Electricity From Sun Into Mobile Devices

MTN South Africa  launched its new promotional package featuring World Panel’s SunStream™ which allows users to stream electricity from the sun directly into their mobile...
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Orange To Invest In Nigerian E -Commerce Group Africa Internet

French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group (AIG) and become a shareholder, the...
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Refineries To Resume Operations This Month Says NNPC

The Nigerian National Petroleum Corporation, NNPC, on Sunday said refineries will resume operation for local consumption this month so as to end the lingering fuel...
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Firstbank Unveils Enhanced Features On Mobile Banking App

First Bank of Nigeria Limited has unveiled a set of enhanced features on its integrated lifestyle mobile banking app, FirstMobile. This, according to the bank, is...
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Oil Marketers Assures Of Fuel Supply Stability In Q2

Mr Akin Akinfemiwa, Chairman, Major Oil Marketers Association of Nigeria (MOMAN), on Friday assured Nigerians that the Federal Government has provided sufficient fuel allocation for...
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Time For Sober Reflection, Says Glo

Telecommunications operator, Globacom, has called on all Nigerians to remain steadfast and hopeful as the Christian faithful celebrate Easter. In a goodwill message released in Lagos...
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N1.4 tr Fine: MTN Proposes N300b Settlement Deal

The Senate Committee on Communications yesterday took exception to the way and manner the out-of-court settlement arrangement between the Federal Government and MTN is being...
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NNPC restructuring: Workers stop fuel supply, shut NNPC headquarters

The nationwide scarcity of petrol worsened on Wednesday as oil workers embarked on a full-scale industrial action, which led to the shutdown of the corporate...
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CBN, banks to step up fraudsters’ prosecution

The Central Bank of Nigeria and Deposit Money Banks have said effective prosecution of fraudsters will be their focus this year. Speaking under the aegis of...
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27 firms raise NSE capitalisation by N45bn

The gains recorded by 27 stocks on the floor of the Nigerian Stock Exchange on Wednesday boosted the NSE market capitalisation by N45bn. The market capitalisation...
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Blackout: Electricity generation sinks to 1,580MW

The highly pronounced power failures across the country in the past few days may worsen following a partial system collapse that occurred on Tuesday, and...
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