Nigeria & China seals N720bn currency swap deal with China

The Central Bank of Nigeria (CBN) has signed a currency swap deal with the Peoples Bank of China (PBoC) worth Renminbi (RMB) 15 billion (about N 720...

Glo denies reports of mass-firing married women

There have been several reports since last month of a mass-firing of married women by Telecom giants, Globacom Ltd. Protest has been going on in Enugu, Lagos...

Hilarious reactions trail death of MMM Founder, Sergei Mavrodi

Sergei Mavrodi, an eccentric Russian mathematician who founded the notorious MMM pyramid or Ponzi scheme in the early 1990s that swindled millions out of their savings, has...

Snapchat loses $800 million following Rihanna’s criticism of offensive Ad

Social media giant, Snapchat came under fire earlier this week after running an ad created by a third party, which modeled itself after a “Would You Rather?”...

Coca Cola launches its first alcoholic drink

Coca-Cola is planning to produce its first alcoholic drink in the company's 125-year history - with an alcopop-style product in Japan. It is keen to cash in on...

Amazon’s Jeff Bezos Ttps Forbes World’s Rich List in 2018 as Trump’s wealth drops

Amazon founder, Jeff Bezos is now the world's richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second place, according to...

Britain set to add Naira to List of Accepted Currencies

Britain’s Export Finance Agency will add the Naira to its list of “pre-approved currencies”, allowing it to provide financing for transactions with Nigerian businesses denominated in the...

OLX shuts down operations in Nigeria

There are reports that Classifieds giants OLX, an online marketplace owned by Naspers, has shut down its offices in Nigeria, a move that will affect over 100...

Paddy Adenuga narrates how he almost bought Chevron Netherlands at the age of 29

Paddy Adenuga, the son of Billionaire business mogul, Mike Adenuga, has narrated how he almost bought the Dutch branch of American multinational energy corporation, Chevron. Few days ago,...

GLO denies reports it had acquired 9Mobile

Telecommunications company, Globacom, has distanced itself from media reports which claim that it was the preferred bidder to acquire telecommunications company, 9Mobile. A press statement issued in Lagos...

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