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Business - Page 697

Stock Market Rally Halted As Demand For Ecobank, PZ Cussons Shares Dropped

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

At the end of trading in the Nigerian stock market on Monday, December 22, the capitalisation of the Nigerian Exchange (NGX) Limited closed at N97.19 trillion. Also, the all-share index (ASI) of the NGX stood at 152,459.07 ASI. Equity traders exchanged 451,52

December 22, 2025

Business·Technology

UBA, Cellulant In New Deal To Boost Payments Across 19 African Countries

Payments company Cellulant and the United Bank for Africa (UBA) Plc will work to extend payment services for merchants and consumers across 19 key African countries in which the bank (UBA) operates. The countries are Nigeria, Ghana, Kenya, Côte d’Ivoire, Zambia, Tanzania,

March 18, 2022

AMA News·Business

Bybit Named Best Crypto Exchange by CED 2022

DUBAI, United Arab Emirates, 18 March 2022 -/African Media Agency(AMA)/- Bybit, the fastest growing cryptocurrency exchange, won the Best Crypto Exchange Award at Crypto Expo Dubai (CED) 2022 on Thursday. Now the third most visited exchange in terms of web traffic, Bybit has more than doubled its

March 18, 2022

AMA News·Business

Bybit Levels Up Compliance Standards With Membership in the VerifyVASP Alliance

SINGAPORE, 17 March 2022 -/African Media Agency(AMA)/- Bybit, the fastest growing cryptocurrency exchange, is now a member of VerifyVASP Alliance. With this integration, Bybit streamlines compliance with the Travel Rule requirements as the exchange brings cryptocurrency transactions on its platform to comply with the

March 17, 2022

Business·News·Oil & Gas·Top Stories

Fuel Scarcity: I’m Sorry, Buhari Tells Nigerians

On the scarcity of petrol, the attendant hike in consumer prices and increasing deterioration of quality of life for all Nigerians, President Muhammadu Buhari has expressed sincere regrets. The president, currently on medical leave in London, tendered his apologies through his Special

March 16, 2022

Digital Transactions Expand In Africa As Regional Payment Systems Widen

Business·Technology

NCC, CBN Move To Tackle e-fraud, Protect Digital Finance

The Nigerian Communications Commission (NCC) says it will partner the Central Bank of Nigeria (CBN) to blot out e-fraud threatening digital finance in Nigeria. Mr Efosa Idehen, the Director of Consumer Affairs Bureau at the Commission, , said this at the Secondary

March 14, 2022

Air Peace Detractors Are Often Pointless

Business·News

All Airlines In Nigeria Will Pack Up In Three Days’ Time – Air Peace Chairman

Air Peace Chairman, Allen Onyema has warned that every airline, operating in Nigeria shall shut down in the next three days if the current aviation fuel scarcity should continue. The Air Peace Boss said: ‘We have only three more days, all airlines

March 14, 2022

AMA News·Business

Bybit Wins Best Cryptocurrency Market Exchange Award At World Expo

Bybit is pleased to be recognized as the Best Cryptocurrency Market Exchange at the Cryptocurrency World Expo 2022. Industry leaders and rising stars in the blockchain and cryptocurrency community gathered at the two-day event in Warsaw, Poland from 9 to 10 March,

March 14, 2022

Business·Power·Top Stories

Blackout In Southeast, As EEDC Reports ‘General System Collapse’

The Enugu Electricity Distribution Plc (EEDC) Monday morning alerted all Southeast customers (Enugu, Anambra, Ebonyi, Abia, and Imo) to an imminent blackout, following what the company described as ‘general system collapse’ to which it admitted it had no solution yet. A statement

March 14, 2022

Call CBN to arrest POS agents selling naira notes

Business·Opinion·Top Stories

POS Terminals: Fraud And Alerts

By Marcel Mbamalu The landscape of Nigeria’s financial institutions has, in recent times, witnessed interesting changes that simultaneously embrace and challenge technological advancements. Point of Sale (POS) technologies have become the most popular example of this shift in financial transaction patterns. What

March 14, 2022

Business·Top Stories

BEDC Faces N113 Million Suit, Others For Failing To Activate 33 Transformers

The Ondo State Government says it has sued the Benin Electricity Distribution Company (BEDC) for failing to energise at least 33 transformers and depriving the affected communities of electricity supply. The suit which was filed through the office of the Attorney General

March 13, 2022

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Business - Page 697

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

UBA, Cellulant In New Deal To Boost Payments Across 19 African Countries

Bybit Named Best Crypto Exchange by CED 2022

Bybit Levels Up Compliance Standards With Membership in the VerifyVASP Alliance

Fuel Scarcity: I’m Sorry, Buhari Tells Nigerians

NCC, CBN Move To Tackle e-fraud, Protect Digital Finance

All Airlines In Nigeria Will Pack Up In Three Days’ Time – Air Peace Chairman

Bybit Wins Best Cryptocurrency Market Exchange Award At World Expo

Blackout In Southeast, As EEDC Reports ‘General System Collapse’

POS Terminals: Fraud And Alerts

BEDC Faces N113 Million Suit, Others For Failing To Activate 33 Transformers

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ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

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Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

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