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Apex bank orders banks to sell forex to travelers over the counter ahead of summer
As summer approaches, the Central Bank of Nigeria (CBN) directed financial institutions to make foreign exchange available to customers over the counter to allow travellers have easy access to dollars.Messaging app introduces new group chat features – here's everything you need to know
The new improvement features also include protection so users can't be repeatedly added to groups they've left.Nigerian lawmakers reject bill seeking time off for men – here is why
The bill, Provisions for Optional Paternity Leave to all Married Male Employees in Private and Public Service; and for Related Matters (HB. 1191), was sponsored by Hon. Edward Pwajok.Billionaire's companies among worst performers as Nigerian Stock Exchange drops by 0.06%
Dangote Flour Mills and Sugar Refinery Plc lost N2.60 kobo and N2.40 kobo at 18.57%, 11.21% change respectively for the week.Central Bank of Nigeria is ready to fire some Bank CEOs, Chairmen over delayed annual reports
The CBN also directed all banks, discount houses and their subsidiaries to continue to adopt December 31 as their accounting year end.pan-African banking group invites African startups, developers for a fintech challenge competition – Here is how to participate
The competition gives African start-ups the chance to promote their fintech solutions, and potentially to partner Ecobank in rolling-out their solutions across Ecobank’s 33 marketsCBN pumps $210 million into FX market to reduce pressure on Naira
The CBN says the intervention is to ensure stability and reduce pressure on the naira against other foreign currencies especially the dollar.Teleology is undergoing financial, technical evaluations from Nigerian regulatory agencies
The Nigeria Communications Commission says it will not approve the sale of 9mobile to any bidder without technical competence.Nigeria has the highest number of people on death row in Sub-Saharan Africa
Amnesty International says 20 countries in sub-Saharan Africa have abolished the death penalty for all crimes.Andela, UBA, Courteville top best companies to work for in Nigeria 2018
United Bank for Africa, Courteville, an I.T Company based in Lagos, Union Bank and Access Bank emerged 2nd, 3rd, 4th and 5th best companies respectivelyPonzi Scheme announces ultimate, irreversible closure of operations
The platform says participants are fully aware of risks behind MMM operationsMarket intelligence platform is expanding into pan-African outfit, secures $3.6 million in Series A funding round
The firm said the new funding will deepen its product offering to compliance professionals and expand its African footprintNigeria's inflation rate to drop below 14% in March
The anticipated drop in the inflation rate is premised on the base effect of higher prices in the Composite Consumer Price Index (CCPI) in March 2017 than the current monthMEST Africa announces its first pan-African competition, with $50,000 equity investment up for grab
MEST Africa scale-up pitch competition will take place in Lagos, Accra, Nairobi and Cape TownStartupbootcamp is hosting FastTrack in Lagos to source top Africa-focused innovators
Startupbootcamp is seeking applications from disruptive startups in selected industries for the Lagos, Nigeria FastTrack programmeAnalyst sees MPC maintaining status quo on key lending rates
The CBN Committee had held the key lending rates constant for over one year to support the naira and curb inflationsFG working to bring down price of local rice to tackle smuggled foreign product
The government tasks its citizens to consume only locally-grown and processed riceNigeria's foreign reserves gain 8.8% to $46.2 billion in March
The Monetary Policy Committee meeting will kick off tomorrow, April 3, 2018Africa’s mobile marketing company raises $5 million funding from TLcom Capital
TLcom says it sees Terragon developing into a world-class Marketing Technology company targeting the unique African opportunityBank says there is no 60 percent acquisition talks with New York's Milost Global Inc
Unity Bank confirms it had series of meetings with Milost Global but all were at preliminary stages