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Business – Gist Alerts

Ikeja Electric Announces 8 Weeks Blackout In Some Areas In Lagos

Ikeja Electric Plc on Monday stated that some communities under its network in Lagos State will undergo an eight-week power…

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CBN Launches Digital Currency Platform, Over One Million People Register In 24 Hours

The main website of the impending Central Bank of Nigeria (CBN) digital currency, eNaira, went live ahead of its formal…

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Just In: Exchange Rate: CBN To Shut Down Popular Aboki FX Website

The Central Bank of Nigeria has announced that it will shut down the operations of Aboki FX, a provider of…

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European Union Calls for Urgent Reforms of WTO

Valdis Dombrovskis, EU vice president and chairman of the Commission, said Thursday that the World Trade Organization urgently needed reform.…

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We Have No Plans To Convert Domiciliary Account Holdings Into Naira – CBN

The Central Bank of Nigeria (CBN) has asked that Nigerians ignore reports that domiciliary account operators have been ordered to…

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36 States Sue FG Over Stamp Duty Revenue

The 36 state governments have requested that the Federal Government refund over 176 billion naira said to be proceeds of…

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Just In: Naira Hits All-Time Low, Weakens To 543 Against Dollar

The naira on Thursday kept on with its downward spiral on the parallel market, selling for N543 to the dollar…

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FIRS Denies Taxing Social Media Businesses

The Federal Inland Revenue Service FIRS, Muhammad Mamman Nami, has denied claims the agency plans to tax social media businesses.…

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FCMB Emerge as The Best Bank For SME in Africa And Nigeria

Nigeria’s leading lender, First City Monument Bank (FCMB), has emerged as Best SME Bank in Africa and Best SME Bank…

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Naira Falls to N530 Against Dollar, Pound Reaches N720

The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid…

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