Business

All the recent business news in Nigeria, economy and industry updates.

Weak liquidity, impaired shareholder funds: The story of Heritage Bank’s liquidation

The Central Bank of Nigeria (CBN) on Monday announced it has revoked Heritage Bank’s operating license, effectively closing the institution and placin

Opay resumes onboarding new users

OPay says it has received approval from the Central Bank of Nigeria (CBN) to resume onboarding new users. In a statement, OPay said the decision refle

Reviving steel sector will create jobs – Stakeholders

Stakeholders under the banner of the Concerned Northern Forum (CNF) have said that the current moves by the federal government through the Ministry of

Yobe establishes 4 sesame hubs, resuscitates state-owned industries

The Yobe State Government has established four new sesame clearing and packaging industries in Machina, Nguru, Potiskum and Damaturu LGAs to promote t

CBN clears OPay, Kuda, others to resume new customer onboarding

The Central Bank of Nigeria (CBN) has lifted its ban on OPay, Moniepoint, Kuda, Palmpay, and Paga, clearing the way for the fintechs to resume onboard