Business News

Amazon is destroying millions of items of unsold stock every year including smart TVs and laptops, an investigation has uncovered, Metro UK reports, citing an investigation. Undercover footage shows the astonishing scale of waste from just…

The Central Bank of Nigeria has officially made the NAFEX Investor & Exporter forex window rate of N410.25 as its official exchange rate to the dollar. It confirmed this new official rate on its website on Monday night, after it had…

The Central Bank of Nigeria has adopted the Nafex rate as the government’s official exchange rate for the naira, effectively devaluing the currency by 7.6 per cent. The bank posted the I&E rate on Monday on its website two weeks…

Babajide Okeowo Rivers State Governor Nyesom Wike has commended the Nigerian Maritime Administration and Safety Agency (NIMASA) for designing and pursuing a Blue Economy strategy proposed to replace the current oil economy in about 10…

Pascal Oparada They are seen in every square foot space, even in cities with robust banking services. Close proximity to each other doesn't matter to them. "It is a survival of the fittest in this business," Ope Ogedengbe, who operates…

A cross section of Akwa Ibom State people have reacted to the court decision last week, sentencing the former University of Uyo and currently the University of Calabar Professor of Soil Science, Prof. Peter Ogban to three years in prison…

The influx of substandard products into the Nigeria market has been a source of concern to many people. From household materials to consumables and other products and services, the market is saturated with hazardous goods. To address…

Since it was introduced over a decade ago, only about 30 of the world’s 196 countries have embraced and expressed a positive stance towards cryptocurrency usage in their economies. While the United States of America, Australia, Canada, and…

Pascal Oparada It appears that Nigerians are united in the condemnation of the recent ban on cryptocurrency by the Central Bank of Nigeria (CBN). Former vice president and Peoples Democratic Party (PDP) presidential candidate in the…

Pascal Oparada  Nigerians have described the ban on Cryptocurrencies in the country by the Central Bank of Nigeria (CBN) as an act of backwardness.  According to them, crypto is the way to go in a world seeking to digitize payments.  …