FBN Holdings Plc, the holding company of First Bank of Nigeria has announced Nnamdi Okonkwo as its new Group Managing Director. This appointment takes  effect from January 1, 2022, subject

FBN Holdings Plc on Wednesday clarified that the Chairman of First Bank Nigeria Limited, Mr. Tunde Hassan-Odukale and the Chairman of Geregu Power Plc, Mr. Olufemi Otedola are the only

Nigerians have been warned to beware of fake social media accounts of Nigeria’s digital currency, e-Naira. According to the Central Bank of Nigeria in a statement on Wednesday, an impostor

In the first 24 hours after it was unveiled, the Central Bank Digital Currency (CBDC), also known as the eNaira has continued to attract the interest of Nigerians with about

The Nigerian National Petroleum Corporation (NNPC) has said investment opportunities worth nearly $3.097 billion currently exist in the country’s condensate refineries’ space. Group Managing Director of NNPC, Mallam Mele Kyari,

A Japanese startup backed by soccer player Keisuke Honda hopes to persuade wealthy consumers to swap their supercar for a 77.7 million yen ($680,000) hoverbike which went on sale on

British retailers warned on Wednesday of pre-Christmas price rises after they reported the smallest year-on-year decline in the average selling price of goods in their stores since before the start

Google owner Alphabet Inc on Tuesday beat expectations for third-quarter revenue, a positive sign that its advertising business is overcoming new limits on tracking mobile users and sending its shares

The Brazilian Government, represented by the Head of Mission, Embassy of Brazil in Nigeria, Ambassador Ricardo Guerra de Araujo, and the country’s aerospace conglomerate, Embraer, have both celebrated the steady

President Muhammadu Buhari has implored the public and private sectors to invest for a long-term prosperous future with short term pains, by investing in humanity. President Buhari who is currently

JIn line with efforts to enhance the payment system and boost transactions, President Muhammadu Buhari on Monday launched the Central Bank Digital Currency (CBDC), also known as eNaira, in Abuja.

As the battle for controlling interest in FBN Holdings Plc deepens, all eyes will be on the company’s share price movement on the Nigerian Exchange Limited (NGX), as the major

Shares in China Evergrande Group and its EV unit rose on Monday as the embattled property developer moved to prioritise growth of its nascent electric vehicles business over its troubled

President Muhammadu Buhari will on Monday formally launch the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira at the State House, Abuja. The unveiling of the much-anticipated electronic

By his acquisition of 1,818,551,625 units of shares of First Bank Holdings Plc (FBNH), amounting to a 5.07 per cent of its total issued capital, the founder and Chairman of

China Evergrande Group has supplied funds to pay interest on a U.S. dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline

Spending by Nigerian residents rose to N54.84 trillion in nominal terms in the first half of 2021, higher than N48.22 trillion recorded in the first half of 2020. The report

Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said Wednesday he’s launching a new media company

The German capital will receive a new “flying” ambassador: Lufthansa is naming its first Boeing 787-9 “Berlin.” The naming ceremony is set to take place following delivery of the aircraft

Plans by governments to extract fossil fuels up to 2030 are incompatible with keeping global temperatures to safe levels, says the UN. The UNEP production gap report says countries will