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AccorHotels expands presence in Nigeria, launches two flagship brands

    AccorHotels expands presence in Nigeria, launches two flagship brands

AccorHotels, a French hospitality company, has announced the launch of two of its flagship brands in Nigeria. The multinational company said it has signed agreements with TomHawksworth Limited, a property

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Apple’s market value hits $1trn — first US company to attain such height

    Apple’s market value hits $1trn — first US company to attain such height

Apple has become the first publicly quoted company in the US to exceed $1 trillion in terms of value. On Tuesday, the tech giant said it posted a $11.5 billion

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CBN revises banks’ clearing system rules, to kick off September

The Central Bank of Nigeria (CBN) has revised the clearing system rules for deposit money banks in the country. The revision will kick off on September 1, the apex bank

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WhatsApp will now charge businesses to send you messages

    WhatsApp will now charge businesses to send you messages

WhatsApp on Wednesday said it will start charging businesses for sending marketing and customer service messages, as the messaging platform faces slowing usage and revenue growth. Messages from businesses will

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TCN to oversee FG’s N72bn proposed investment in DisCos

    TCN to oversee FG’s N72bn proposed investment in DisCos

The Transmission Company of Nigeria (TCN) has received approval from the federal government to manage the N72 billion proposed investment

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Naira stable as CBN injects $210m into forex market

    Naira stable as CBN injects $210m into forex market

The Central Bank of Nigeria (CBN) on Tuesday injected $210million into various segments of the foreign exchange market. This is

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Fire disrupts services at Ecobank head office

    Fire disrupts services at Ecobank head office

For over three hours, fire disrupted banking services at the head office of Ecobank Nigeria Ltd. on Ahmadu Bello Way,

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CBN Yuan auction estimated at N3.6 bn

    CBN Yuan auction estimated at N3.6 bn

The Central Bank of Nigeria (CBN) has estimated its first auction of the Chinese Yuan Renminbi (CNY) at N3.6 billion,

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Nigerian businesses ‘spend N5trn’ annually on generators

    Nigerian businesses ‘spend N5trn’ annually on generators

Sanusi Ohiare, executive director of rural electrification fund, Rural Electrification Agency (REA), says an estimated N5trn is expended yearly on

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Nigerian Breweries records 22% profit decline, blames new excise duty

    Nigerian Breweries records 22% profit decline, blames new excise duty

Nigerian Breweries says it recorded a 22 percent decline in profit after tax for the half year ended June 30.

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