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Business – Gist Alerts

Nigeria’s Inflation Hits 18.6% In June

Nigeria’s inflation rate in June 2022 increased to 18.60 percent on a year-on-year basis. The National Bureau of Statistics disclosed…

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Dangote Becomes 63rd, Musk Tops 100 Billionaires Ranking

Nigeria’s Aliko Dangote is now the 63rd richest billionaire in the world, according to the latest ranking by Bloomberg. In…

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Elon Musk Set To Abandon Twitter Deal

Billionaire Elon Musk has made a move to put an end to his $44 billion deal to purchase Twitter. This is…

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Nigeria Gets Lion Share Of N27tn World Bank Fund

Nigeria, on Thursday, got the largest share of the $65 billion (N27 trillion) funding from the World Bank’s International Development…

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‘Register With CAC, Delete Harmful Accounts’ – FG Informs Facebook, Twitter, Others

The National Information Technology Development Agency (NITDA) on Monday issued new regulations for Internet platforms in Nigeria. A statement signed…

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Bitcoin Drops Below $23,000 In Crypto Crash

Bitcoin tumbled on Monday to an 18-month low under $23,000 in a broad cryptocurrency crash, as investors snubbed dangerous assets…

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Bank Customers To Provide Indemnity For Online Transactions Above N1m – CBN

The Central Bank of Nigeria (CBN) has ordered banks and Payment Service Providers to begin to collect indemnity from customers…

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CBN Increases Interest Rate To 13%

The Central Bank of Nigeria (CBN) on Tuesday increased the interest rate to 13 percent for the first time in…

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Yen Hits 20-Year Low Against Dollar

The yen has dropped to its lowest level against the dollar in two decades on Wednesday, extending recent falls as…

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MTN Gets CBN Approval To Operate Payment Service Bank

Telecommunication giant, MTN, has gotten the final approval to operate as Momo Payment Service Bank Limited (Momo PSB). According to…

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