Business Inside
For latest stories on businesses, start-ups, business policies and strategies.
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Skye Bank takes over Intercontinental Hotel
A Federal High Court in Lagos has ordered Skye Bank Plc to take over a five-star hotel, Intercontinental Hotel, located…
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Oando shares soar by 131%, its highest level in 18 months
Figures from the Nigeria Stock Exchange (NSE), show that stocks hit a four-month high earlier this week, lifted by gains…
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CBN to revoke licences of Micro Finance Banks for non- compliance
The Central Bank of Nigeria, CBN, has disclosed that it would revoke the operating licences of micro finance banks, and…
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CBN Expels Ecobank, GTB, 12 others from FOREX market
The Central Bank of Nigeria (CBN), on Tuesday, barred United Bank for Africa (UBA), First Bank and 12 others from dealing…
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Arik air resumes flight to Maiduguri
Arik Air’s Chief Executive Officer, Roy Ilegbodu, say flight operations will commence on May 9, to Maiduguri, Borno State, four years…
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Blogger, Whistleblower Remanded In Prison over Sterling Bank Fraud
A Federal High Court in Lagos on Friday remanded a Nigerian blogger and publisher of online news medium Secrets Reporters,…
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CBN suspends bank charges, direct banks to make refunds
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to suspend charges on over-the-counter or ATM withdrawals of…
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Dangote quits noodles production, sells assets to Dufil
Dangote Group has sold the assets of Dangote Noodles to Dufil Prima Foods, makers of Indomie noodles. In a statement,…
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CBN releases $380m in 2 days
The Central Bank of Nigeria, CBN has pumped a total $380million within two days into the Foreign Exchange Market. And the…
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NUPENG urges FG:Create agency to protect pipelines
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has appealed to the Federal Government to create Pipeline Protection…
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