spot_img
15.5 C
London
spot_img
HomeBusiness

Business

Top 10 Loan Apps in Nigeria and Their Interest Rates as of December 2024

The growth of lending applications that provide quick and unsecured credit has made it simpler for Nigerians to obtain quick loans. As of December 2024, these are the top ten loan apps in Nigeria, along with information on interest rates: 1. Carbon: Monthly interest rates...

2022 Cashless Policy Saga Haunts PoS Operator

Point of Sale (PoS) companies are still battling the repercussions of Nigeria's contentious 2022 cashless policy, which is still having an impact on the banking industry. The policy, which was first put into place to encourage digital payments and decrease cash transactions, inadvertently made...

Nigeria Approves $1.3 Billion Sale of Shell’s Onshore Assets to Renaissance Africa Energy

The Federal Government of Nigeria has authorised the $1.3 billion sale of Shell's onshore oil assets to Renaissance Africa Energy, a rapidly growing energy company with roots in Africa's conventional and renewable energy markets. This is a major step for the country's oil and...

Nigeria’s Exports to ECOWAS Hit N1.5tn – NBN

With an amazing N1.5 trillion in exports to member countries in the first quarter of 2024, Nigeria's commercial relationship with the Economic Community of West African States (ECOWAS) is still thriving. This statistic, which was provided by the National Bureau of Statistics (NBS), demonstrates...

Shell’s Bonga $5bn FID Sparks Hope for Asset Sale

Nigeria's oil and gas industry is feeling more optimistic after Shell recently announced a $5 billion Final Investment Decision (FID) for its Bonga North Deepwater project. Even as it reduces its onshore presence owing to operational and environmental concerns, the investment represents a significant...

“I Regret Not Buying Arsenal” – Aliko Dangote’s Reflections on Missed Opportunities

The richest man in Africa and one of the most powerful businessmen in the world, Aliko Dangote, recently made news when he revealed that he has never been able to buy Arsenal Football Club, a side he had long loved. The Nigerian billionaire had...