Business

All the details from the world of business and economy

Court slams N1M fine against UBA for unlawfully freezing ex-Staff’s account

Court slams N1M fine against UBA for unlawfully freezing ex-Staff’s account

A Lagos Federal High Court, has described United Bank Plc (UBA) action’s of closing the account of one of it’s…
Naira redesign implemention failure and its consequences.

Naira redesign implemention failure and its consequences.

There is the fundamental lesson of whether our institutions in Nigeria have been hijacked and subverted from serving the Nigerian…
BUHARI ASKS FOR 7 DAYS TO RESOLVE NEW NAIRA NOTE CRISIS

BUHARI ASKS FOR 7 DAYS TO RESOLVE NEW NAIRA NOTE CRISIS

President Muhammadu Buhari, on Friday urged citizens to give him seven days to resolve the cash crunch that has become…
DSS INTERCEPTS SYNDICATES SELLING NEW CURRENCY NOTES; BANK OFFICIALS IMPLICATED

DSS INTERCEPTS SYNDICATES SELLING NEW CURRENCY NOTES; BANK OFFICIALS IMPLICATED

Consequently, the Service warns the currency racketeers to desist from this ignoble act. Appropriate regulatory authorities are, in this same…
NEW NAIRA NOTES: BUHARI PROMISES TO ELIMINATE SQUEEZE, CHAOS

NEW NAIRA NOTES: BUHARI PROMISES TO ELIMINATE SQUEEZE, CHAOS

A number of initiatives by the Central Bank and all commercial banks are underway to speed up distribution of the…
Nigerian economy not doing well – Port stakeholders

Nigerian economy not doing well – Port stakeholders

The Nigerian economy is is passing through the era of trade terrorism with the way and manner the federal government…
Union Bank Fraud: Phone Marketer Loses Bid To Lift Freezing Order on Accounts

Union Bank Fraud: Phone Marketer Loses Bid To Lift Freezing Order on Accounts

Justice Nicholas Oweibo of the Federal High Court, Lagos, on Friday dismissed the application filed by a trading company, Fussytech…
LIFEPAGE Sets to Begin Full Operations in United States 

LIFEPAGE Sets to Begin Full Operations in United States 

In line with its vision to develop 1,000,000 homes across Africa by year 2041, LIFEPAGE is set to begin operations…
Unpaid $1.3bn Royalty: Court Stops NNPC, Petroleum Ministry from Allocating Crude Oil to Addax Petroleum

Unpaid $1.3bn Royalty: Court Stops NNPC, Petroleum Ministry from Allocating Crude Oil to Addax Petroleum

A Lagos Federal High Court has directed the Nigerian National Petroleum Corporation (NNPC), Ministry Of Petroleum Resources and National Petroleum…
Dangote calls for Cooperation among Africans for global recognition

Dangote calls for Cooperation among Africans for global recognition

…As Afreximbank launches centralised payment, settlement infrastructure platform for intra-African trade President of Dangote Group, Aliko Dangote, has charged African…
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