Business Inside
For latest stories on businesses, start-ups, business policies and strategies.
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SPAR Market reopens in Port Harcourt
SPAR Market in Port Harcourt has reopened its gates for business, Africa Update can authoritatively report. A visit to the…
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NFIU flags N150trillion transactions, EFCC tracks politicians
The Nigeria Financial Intelligence Unit has flagged suspicious transactions valued at over N150tn between January and March 2022, according to…
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Signature Bank commences operations, to move to Port Harcourt, other cities
Former Group Managing Director (GMD) of the defunct Diamond Bank Dr Alex Otti and some of his friends have floated…
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Rivers: Court restrains SPAR from conducting proposed Black Friday sales
A chief magistrate court sitting in Port Harcourt the Rivers State Capital has ordered the SPAR market in Port Harcourt…
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DG WTO Okonjo-Iweala says Countries risk sliding into recession
The Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala warned on Wednesday that several major economies face a…
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FIRS appoints MTN, Airtel, commercial banks to collect VAT
The Federal Inland Revenue Service (FIRS) has appointed telecommunications giants, MTN and Airtel, as well as commercial banks or deposit money…
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MTN: surge in data revenue pushes 9-month profit to N269 billion
MTN Nigeria Communications Plc has posted an N269 billion profit after tax for the 9 months ended September 2022, showing a…
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Naira redesign: CBN replies Minister
The Central Bank of Nigeria (CBN) has officially responded to the Minister of Finance, Budget and National Planning‘s claim that she was…
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Naira redesign: Zainab Ahmed disowns Godwin Emefiele
Minister of Finance, Budget, and National Planning, Zainab Ahmad, has disassociated her ministry from the planned move by the Central…
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CBN Spent N281 Billion printing new notes as latest Banknotes begin circulating December 15
The Central Bank of Nigeria, CBN, has unveiled plans to redesign the banknotes and withdraw old ones and said the…
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