InsideBusiness

Nigeria’s external reserves fell by $216.85 million within four days, buckling under the heightening inflationary pressure, the latest data from the Central Bank of Nigeria (CBN) has shown. The reserves, which stood at $39.01 billion…

In collaboration with Interswitch, FirstBank has launched a promo tagged "FirstMobile Cash-out" that will run for three months in an effort to reward users of the FirstMobile app, its industry-leading mobile banking application. The…

Nigeria Customs Service (NCS) has said that foreign parboiled rice is still imported through the nation's seaports to bonded warehouses despite prohibition. Rice is among the items on the federal government prohibition list and it is the…

Access Bank Plc faced an upsurge of over 73 per cent in interest expenses year-on-year, amounting to over N86 billion at the end of the first quarter. The bank hasn’t experienced this level of increase in the cost of funds since 2012 when a…

Our unforgettable today is a man that holds a peculiar position in the pantheon of great thinkers. His unique position stems from both what he is very known for and the contribution that he is not very known for. Today’s…

Transcorp Hotels Plc rode on the back of a 77 per cent jump in revenue to N7 billion in the first quarter to pull back from a loss of N204 million in the same period last year to an after-tax profit of N854 million at the end of March 2022.…

Lagos state government said it would continue to impound commercial motorcycles despite the June 1 deadline that outlawed the operators from some local government areas. by the Lagos State Task Force will continue, despite the June 1…

Lagos State Employment Trust Fund (LSETF) and Polaris Bank have partnered to provide N1billion funds to1,827 artisans of the registered 5.5 million artisans in the state. Data from the International Monetary Fund (IMF) shows that 5.5…

Equities Market turned bullish on Thursday, halting a three consecutive losing streak on the Nigerian Exchange Limited (NGX). The NGX's, All-Share Index (ASI) rose 554.15 index points or 1.05 per cent to settle at 53,275.49 points…

Coca-Cola last night expanded the Coke studio to a platform that will give opportunity for emerging talent to partner, create and deliver moments of musical magic to new audiences. Its first moment came to life on YouTube on Thursday…