Business
Revocation: NDIC Begins Heritage Bank Liquidation, Depositors’ Repayment Capped At N5million
Subsequent to the revocation of the banking license of Heritage Bank by the Central Bank of Nigeria, on Monday, the Nigeria Deposit Insurance Corporation...
News
CBN Revokes Heritage Bank’s License Over Financial Instability
The Central Bank of Nigeria (CBN) has revoked the banking license of Heritage Bank Plc with immediate effect. The apex bank announced the decision on...
Business
NGX Delists Arbico Plc After 46 Years of Listing
The Nigerian Exchange Ltd. (NGX) has officially delisted the entire issued share capital of Arbico Plc from its daily official list after 46 years...
News
Lending Rate Hike Will Make Nigeria Less Competitive – MAN
Segun Ajayi-Kadir, the Director General of the Manufacturers Association of Nigeria (MAN), has expressed concerns over the recent decision by the Monetary Policy Committee...
News
FG Reiterates Oil Subsidy is Truly Gone
The Federal Government has reaffirmed that it is no longer paying a subsidy on fuel. The Minister of State for Petroleum Resources (Oil), Heineken...
Business
Who Is Bolaji Balogun? Meet Unilever Nigeria’s New Chairman
Unilever Nigeria Plc has recently made significant additions to its leadership team by appointing Bolaji Balogun as the Independent Non-Executive Director and Chairman of...
News
What is TapSwap? Nigeria’s Latest Crypto Craze
Forget complicated downloads, Nigeria's gamers are going gaga over TapSwap, a lightning-fast tile-matching game that lives right within their favourite chat app, Telegram. This...
Business
Tinubu’s Economic Policies On Track Despite Naira Woes, Inflation – Minister
The Minister of Budget and Economic Planning, Atiku Bagudu, offered both an apology and a staunch defense of the Bola Tinubu-led administration's policies during...