ABSA BANK PROVIDES CARD SOLUTION FOR TRAVEL AGENTS AND BUSINESSES

Absa Bank, a Kenyan commercial bank, has collaborated with Visa to develop the Visa Commercial Choice Programme, a new Corporate Card option. This card...

KCB GROUP SELLS KENYA’S NBK TO ACCESS BANK NIGERIA

KCB Group is set to sell NBK, the National Bank of Kenya, to Access Bank Nigeria, following a binding deal signed on Wednesday, 20...

Dangote, MTN, other major companies record heavy losses of N1.7trn

Nestle, Dangote, MTN, Cadbury, and several others suffered from the significant weakening of the Naira, leading to the losses recorded. It has been noted...

DEPENDANCE ON CRUDE OIL PRODUCTS CAUSES DEPRECIATION IN OTHER SECTORS.

The imports for the year 2023 and the year 2022 are N35.9tn and N25.5tn, respectively. Judging by the National Bureau of Statistics data, total...

VEHICLE IMPORTS HIT 226.4% IN 2023

Nigeria's overall used vehicle import value climbed dramatically from N325.05 billion in 2022 to N1.063 trillion in 2023, representing a 226.46% rise over one...

AFRICA EMBRACE RUSSIA RUBLES AT THE EXPENSE OF THE DOLLAR

  African countries are embracing the Russian rubles at the dollar's expense. Using other currencies rather than dollars for international trade is becoming the order...

NIGERIA INTENDS TO JOIN BRICS GROUPS

The Nigeria Minister of Foreign Affairs, Yusuf Tuggar, in a discussion with his Russian counterpart Sergey Lavrov in Moscow, revealed that Nigeria is interested...

USA AND CHINA INCREASE DEMAND OF CRUDE OIL DUE TO RISE IN PRICES

Early trade on Friday, March 8 2024, revealed the spike in oil prices due to high demand from the world's largest users, the United...

GAS DEVELOPMENT CRUCIAL FOR NIGERIA’S ENERGY PROBLEMS

According to SEPLAT Energy Plc, gas production is a straightforward solution to Nigeria's urgent energy crisis and would continue to serve as a long-term...

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