Business

TECNO unveils Chris Evans as its global brand ambassador

Tecno, the global smartphone maker has on April 30, 2021, announced Hollywood superstar Chris Evans as its brand ambassador. "Meet our Global Brand Ambassador, Chris...

CBN sacks all Directors of First Bank of Nigeria, First Bank of Nigeria Holding

Central Bank of Nigeria governor, Godwin Emefiele, has sacked all directors of First Bank Holding and First Bank Nigeria Ltd. The apex bank governor also...

Egypt Demands $1 Billion Compensation To Release Ever Given Ship Following Suez Canal Blockage

Estimated reading time: 3 minutes The Ever Given container ship that was stuck in Suez Canal for almost a week still cannot sail away...

Shoprite announces new date for its Nigeria exit as it complete sale of Nigeria subsidiary

Africa’s largest retailer is quitting Nigeria announced a new timeframe for the end of its operation in Nigeria. South Africa-owned Shoprite’s plans on shutting down...

Giant Container Ship Stuck in Suez Canal partially refloated

Nearly a week after a giant cargo ship—Ever Given remained stuck in Egypt’s Suez Canal, salvage teams have finally succeeded in refloating it partially...

Massive cargo ship still stuck across Suez Canal could take ‘days or weeks’ to remove – Expert

A cargo container ship that's equivalent to the length of four football pitches has turned sideways and blocked all traffic in Egypt's Suez Canal. The...

CBN has listed the 47 approved International Money Transfer Operators in the country

The Central Bank of Nigeria (CBN) has published the list of 100 international money transfer operators (IMTOs) approved to receive foreign exchange remittances from...

CBN Blames #EndSARS Protesters For Reduction In Nigeria Foreign Investments

The Central Bank of Nigeria (CBN) said the Endsars protest contributed to the decline in foreign investment in Q4 2020. The apex bank also...

Breaking: CBN Introduces new Charges of N6.98 for bank Customers Using USSD code

The Central Bank of Nigeria (CBN) on March 16, introduced a new charge of N6.98 for every Unstructured Supplementary Service Data (USSD) service transaction...

Dr. Ngozi Okonjo-Iweala appointed as the new Director-General of the World Trade Organization (WTO)

Nigeria's Ngozi Okonjo-Iweala was appointed Monday as the first female and first African head of the World Trade Organization, says a stronger WTO would...
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