Business

Access Bank Grants 18 Million Digital Loans Worth N740bn

Access Bank has announced that its QuickBucks platform has granted 18 million digital loans totaling N740 billion since its 2017…

2 months ago

CBN Raises MPR to 26.75%, Tightens Asymmetric Corridor To Further Curb Inflation

In its fourth consecutive hike since February, the CBN has increased the MPR by 50 basis points to 26.75%.

2 months ago

CBN Hikes Interest Rate To 26.75%, Retains CRR And Liquidity

The CBN has raised the Interest rate by 50 basis points to 26.75% from 26.25%.

2 months ago

Peter Obi Highlights Nigeria’s Economic Woes, Cites GDP Decline from 6.72% to 2.79% Since 2015

Peter Obi has warned about Nigeria’s economic decline, noting that GDP growth fell from 6.72% to 2.79% since 2015

2 months ago

Nigeria  Pushes for 5% Renewable Energy Compliance by Distribution Companies Amid Power Sector Challenges

Nigeria has demanded 5% renewable energy compliance from power distribution companies, introducing funding initiatives to enhance renewable energy deployment.

2 months ago

Bitcoin Surpasses Visa, Mastercard in Daily Transaction Volume as Crypto Market Cap Hits $2.45tn

Bitcoin has surpassed Visa and mastercard in daily transaction volume, with market cap of $1.327trn as global crypto market hits…

2 months ago

Boeing Scales Back Farnborough Air Show Amid Safety and Production Crises

Boeing has scaled back its Farnborough Air Show presence amid ongoing safety issues, while Airbus showcased its new A321XLR.

2 months ago

After Sourcing From US and Brazil, Dangote Refinery to Seek Crude from Libya and Angola Amid Supply Hurdles in Nigeria

Dangote Refinery is negotiating with Libya and Angola for crude oil to tackle domestic supply challenges

2 months ago

NSIB Investigates Max Air Incident After Aircraft Loses 4 Tyres While Taxiing

An Abuja-bound Max Air flight with 119 passengers became disabled at Yola Airport after losing all four tyres while taxiing.

2 months ago

Dangote Refinery: NNPC To Blame For Lack Of Crude, Not IOCs, Says Kelvin Emmanuel

Kelvin Emmanuel has blamed NNPC for Dangote having to import crude, and urged the National Assembly to commence a probe.

3 months ago