The International Monetary Fund (IMF) has confirmed that Nigeria is out of recession and applauded the country’s strong recovery in foreign exchange reserves. Leadership reports that this was contained in a report released on Wednesday,

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Married female staff of Nigerian communications giants, Globacom are currently in pains after the Chairman, Mike Adenuga laid off over 90 of them. According to a reliable source, the management laid them off because they

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Foremost Nigerian Financial Institution, Zenith Bank Plc has confirmed that it is in a strategic partnership with Facebook and Twitter to launch a Masterpass QR bot for Facebook messenger, that will enable Nigerian businesses set

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Boye Olusanya, the chief executive officer (CEO) of 9mobile, has finally confirmed that the telecommunications company, formerly known as Etisalat Nigeria, will be sold to Teleology Holdings. According to Olusanya, Teleology Holdings emerged the best

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It appears the spate of economic recession in Nigeria hasn't hinder Nigerians from spending expensively on smart devices for communication purposes. Despite the economic recession, which started in Nigeria in 2016 and lingered till a

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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 local currency. The naira will become one of

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Nigeria is set to be expelled from the Egmont group by next month. This is on the agenda of the Egmont Working Group and Heads of FIU Meeting and this decision might be reached according

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A new electricity generating company, Qua Iboe Power Plant, expected to gulp more than $1 billion is to be set up at the Qua Iboe Onshore Terminal in Ibeno Local Government Area of Akwa Ibom

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The Central Bank of Nigeria (CBN) has reportedly removed 36 sub-items from the list of items banned from accessing forex from its window since 2015. President of the Manufacturers Association of Nigeria (MAN), Frank Udemba-Jacobs,

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Samsung Electronics has said that one of the reasons for not establishing a manufacturing plant in Nigeria is because its market share in the country is not big enough. Sung Yoon, the Chief Executive Officer

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