BUSINESS NEWS
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CRISIS: CBN May Take Over First Bank, For Fear of Collapse
As the crisis in First Bank continue to deepen, a shareholders’ group has raised the alarm stating that the Central...
UBA Makes 60 Millionaires in New Promo, Distributed over N41.8m in prizes
Africa’s Global Bank, United Bank for Africa (UBA) Plc has made 60 persons millionaires, distributed over N41.8m in prizes to...
Nigeria Secures $7.6 Billion Investment Pledge at Africa Investment Forum
Nigeria has secured a whopping $7.6 billion investment pledge at the Africa Investment Forum held in Rabat, Morocco, from December...
CBN May Take Over First Bank, As Crisis Worsens…
An imminent takeover of First Bank of Nigeria by the Central Bank of Nigeria is in sight, this is as...
Meta Partners with eBay to Test Listings on Facebook Marketplace
Meta has announced plans to test a new feature that will allow buyers to browse eBay listings on Facebook Marketplace....
FG’s N55bn Allocation for Presidential Fleet Maintenance Sparks Outrage
The Federal Government's proposed allocation of N55.5 billion for the maintenance of the presidential fleet in the 2025 budget has...
Sterling Bank Customers’ Funds Trapped, As They’re Unable to Make Withdrawals For Days
Customers of Sterling Bank are groaning as they are unable to withdraw funds from their accounts leading to a near...
Dangote Refinery Euro-V Petrol, To Help Stabilize The Naira
Dangote Refinery has commenced production of Euro-V- Petrol in Nigeria, ENigeria Newspaper reports. According to the President of Dangote Group,...
Tension in Olusegun Alebiosu Led FIRST BANK, Hundreds of Staff Sacked, Months After Multi-Billion Naira Fraud
The atmosphere is tense in the Olusegun Alebiosu led First Bank at the moment, as hundreds of staff have reportedly...
Zenith Bank Commences N290 Billion Capital Raising Exercise
Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer...