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CBN demands N15b collateral from settlement banks

The Central Bank of Nigeria (CBN) has asked settlement banks to provide a clearing collateral of not less than N15 billion worth of treasury...

Chinese Companies Equip Workers with Brainwave Reading Helmets to Increase Productivity

It sounds like something out of a Black Mirror episode, but according to recent news reports, Chinese companies are using special helmets to monitor...

Banks ripping us off through ATM withdrawals, customers cry out

Commercial Bank customers across the country last week, lamented the excess charges imposed on them by banks through Automated Teller Machine (ATM) withdrawals. Some of...

NNPC strike $26.9b upstream deals

The  Nigerian National Petroleum Corporation (NNPC) has sealed $26.9billion deals in the upstream segment, showing investors’ renewed confidence in the oil industry, its Group...

California now world’s fifth largest economy, surpassing UK

California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest, according to new federal data made public Friday. California’s gross...

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