VW Faces $11b Investor Suit Over Diesel Scandal Volkswagen faces a trial this week as investors seek 9.2 billion euros ($10.7 billion) in compensation, arguing that...
Access Bank Unveils PayDay Loan on USSD Access Bank Plc has launched PayDay Loan to access loans for employees. PayDay Loan can be accessed on USSD...
Forex: CBN Injects $303m, CNY 46.58m Into Retail SMIS The Central Bank of Nigeria (CBN) has injected $303.91 million into the interbank retail Secondary Market Intervention...
NSE to Sanction Seven Banks, 21 Firms for Poor Governance The Nigerian Stock Exchange (NSE) may sanction 28 companies for failing to meet post-listing requirements, timely...
Lagos Pays N720.4m to Retirees The Lagos State Government paid N720.445m into the Retirement Savings Accounts of 190 Contributory Pension Scheme retirees from the state’s public...
Insurance Sector Grew by 6.07% in Q2 –NBS The insurance industry, which accounts for 16.02 per cent of the financial sector, grew by 6.07 per cent...
FG Releases N9bn for 550 Low-cost Houses The Federal Government has released N9bn for the construction of 550 low-cost houses in Zuba, a suburb of the...
FIRS to Raise Tax-to-GDP Contribution by 20% The Federal Inland Revenue Service has expressed its commitment to increase government’s revenue through taxation by 20 per cent...
‘Airports Recorded 4.9% Decline in Passenger Traffic in Q2’ The number of air passengers dropped by 4.9 per cent from 3.85 million in the first quarter...
Power Firms Fail to Provide Meters for 58% of Customers Electricity consumers have expressed disappointment as nine of the 11 power distribution companies in the country...