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Business – Gist Alerts

Fidelity Bank Plc Appoints New MD/CEO

Mrs. Nneka Onyeali-Ikpe, has set a record by becoming the first female MD/CEO of Fidelity bank Plc since its inception…

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A Security Start-up Wins Law Suit Against Apple

On Tuesday, a federal judge dismissed Apple’s copyright infringement lawsuit against cybersecurity startup Corellium in a case that could have…

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“Pressure On Income Might Limit Investments In Education”- NBS

On Tuesday, Dec 22nd, the National Bureau of Statistics (NBS), said the pressure on income might limit household investments in…

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Nigerian Stock Market Record Highest Gain In Five Weeks, Hits 7.46%

Nigerian stock Investors made huge turnovers on the equity market this last week as the NSE All-Share Index and market…

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CBN Annuls 42 Microfinance Banks Operating Licenses.

The Central Bank of Nigeria has annulled the operating licenses of 42 micro-finance banks in Nigeria. The Nigeria Deposit Insurance…

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EU Partners With Tony Elumelu Foundation To Fund 2,500 African women. 

The Tony Elumelu Foundation (TEF) has partnered the European Union to identify, train, mentor and fund 2,500 young women entrepreneurs…

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Naira Exchange Rate Rises To N474/$

On Thursday 10th Dec, 2020, the naira exchanged to the dollar in the parallel market at N474/$. The naira which…

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NCC orders suspension of new SIM sale and registration.

The Nigerian Communications Commission has directed Mobile Network Operators to immediately suspend the sale and activation of new SIM cards…

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Petrol price may hit N180 as oil nears $50

The pump price of Premium Motor Spirit, popularly known as Petrol, may hit N180 per litre this month, according to…

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“Naira devaluation will not affect Nigeria’s food fortification targets”- Dangote

Speaking in the 3rd Annual Nigerian Food Processing and Leadership Forum, the president of the Dangote Group, Aliko Dangote stated…

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