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TheCable

Business

Milost cancels planned $1bn Unity Bank investment

    Milost cancels planned $1bn Unity Bank investment

Milost Global Incorporated, a New York-based private equity firm, says it will no longer go on with its proposed investment in Unity Bank. The company made its decision known in

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LADOL’s Amy Jadesimi named Africa’s young CEO of the year

    LADOL’s Amy Jadesimi named Africa’s young CEO of the year

Amy Jadesimi, the chief executive officer of Lagos Deep Offshore Logistics Base (LADOL), has been named Africa’s young CEO of the year, at the Africa CEO Forum currently being held

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Sirika: Airport security will soon carry arms

    Sirika: Airport security will soon carry arms

Hadi Sirika, minister of state for aviation, says security personnel of the Federal Airport Authority of Nigeria (FAAN) will soon receive licences to carry arms at airports across the country.

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Adeosun backtracks on ‘query’ to Magu

    Adeosun backtracks on ‘query’ to Magu

Kemi Adeosun, minister of finance, says there is no ulterior motive behind the letter she wrote to Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC). In

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FG says N143bn recovered through whistleblowing

    FG says N143bn recovered through whistleblowing

The federal government says it has recovered over N143.89 billion through the implementation of the whistleblower policy. This was contained

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I have not committed any crime, says Aiteo boss

    I have not committed any crime, says Aiteo boss

Benedict Peters, founder and chief executive officer of Aiteo Group, says he is not guilty of any wrongdoing.  Peters said

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First Bank: Our ATM processes 5000 transactions every minute

    First Bank: Our ATM processes 5000 transactions every minute

First Bank of Nigeria Limited says its automated teller machine processes 5000 transactions every minute. Adesola Adeduntan, managing director of

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Card to card transfer … here’s the latest addition to Nigeria’s FinTech environment

    Card to card transfer … here’s the latest addition to Nigeria’s FinTech environment

You can now transfer money from debit card to debit card without the stress of handling cash or complex bank

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Moghalu asks FG to avoid more foreign loans

    Moghalu asks FG to avoid more foreign loans

Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), has advised the federal government against taking more

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Global markets panic as US-China trade war brews

    Global markets panic as US-China trade war brews

A tidal wave of risk aversion engulfed financial markets on Friday after President Donald Trump announced that the US will

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