Alibaba Singles’ Day Sales Hit $8.6 Billion in First Hour Alibaba Group Holding Ltd. kicked off its annual Singles’ Day shopping bonanza, logging $8.6 billion in...
China Big Bang Moment Opens Banks, Funds to Foreign Control China took a major step toward the long-awaited opening of its financial system, saying it will...
‘Nigerian Banks Lose N237 Billion to Frauds in 10 Years’ Fraudsters, especially through the electronic payment channels may have stolen about N237 billon since 2007 from...
Amazing, Mines and Steel Ministry Spends N700m on Web Portal The Ministry of Mines and Steel Development (MMSD) has spent N700 million (almost $2 million) to...
Kwara Injects N2 Billion into SMEs The Kwara state government has injected about N2billion into small and medium scale enterprises and micro credit schemes. The state...
Zenith, UBA, Others Slide, Equities Shed N30bn Out of the five major indices of the Nigerian Stock Exchange, the banking index led losses at the close...
Ecobank Takes Financial Literacy to Youths Ecobank Nigeria says some of its senior staff members have embarked on mentoring students in various secondary schools across the...
Senate to Examine AMCON’s Role in Economic Recovery The Chairman, the Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Ibrahim, says the National...
Petrobras, BTG Pactual to Sell Nigerian Oil Venture State-controlled oil company Petroleo Brasileiro SA (Petrobras) is leading an effort to sell Petrobras Oil and Gas BV...
Digital Currencies Not Approved in Nigeria, NDIC Warns Nigeria Deposit Insurance Corporation (NDIC) on Thursday warned strongly against the current trend of digital currencies, especially Bitcoins,...