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Business – Gist Alerts

Mompha Rearrested on Money Laundering Allegations by the EFCC

Operatives of the Lagos Command of the Economic and Financial Crimes Commission (EFCC) have re-arrested a suspected internet fraudster, Ismailia…

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Bitcoin dives below $40,000, the first time in 14 weeks

Bitcoin slid below $40,000 on Monday, falling to its lowest level since the end of September as the world’s leading…

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Prices of Cooking Gas Drop, Supplies Rise, And Government Projects Decrease

The Federal Government on Thursday said it was putting measures in place to ensure further reduction in the cost of…

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President Buhari Appoints Doyin Salami Chief Economic Adviser

President Muhammadu Buhari has appointed Dr Doyin Salami as his Chief Economic Adviser. This was revealed by the Special Adviser…

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BlackBerry’s Iconic Era Comes to an End Jan 4th

After 4 January, BlackBerry devices running the original operating system and services will no longer be supported, ushering in the…

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Nigerian Currency Falls to Record Low in New Year Uncertainty

In what has become a trend, Naira fell to a record low over-the-counter on the last trading day of 2021,…

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After a Record Year For Bitcoin, 2022 Looks Uncertain

The price of bitcoin hit record highs in 2021 thanks to supporting from traditional finance, but cryptocurrency specialists are struggling…

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FG Plans N12trn Fresh Borrowing, Public Debt To Hit N50trn By 2023

The Federal Government intends to further push its public debt stock to N50.22tn by 2023, with domestic debt at N28.75tn…

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Nigeria Spends N19tr on Chinese Goods in 45 Months, Widening The Gulf

Intra-African trade routes may be facing a historic blockage as China expands its domineering influence in the region, touted as…

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Titan Trust Bank To Acquire Union Bank

A newly found commercial bank, Titan Trust Bank Limited is set to acquire Union Bank of Nigeria Plc, the latter…

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