The Lagos Mail

CBN devalues naira, unifies exchange rate

The Central Bank of Nigeria (CBN) on Friday officially devalued the naira to N380 to a dollar. The devaluation came after over three years of push from financial market managers, the World...

CBN clarifies operation of domiciliary accounts

The Central Bank of Nigeria (CBN) on Sunday formally clarified issues surrounding the operations of domiciliary accounts in Nigeria.

Turkish Airlines, Boeing reach 737 Max aircraft compensation deal

Turkish Airlines and Boeing Co have agreed on compensation for certain losses caused by grounded and undelivered Boeing 737 Max aircraft, the Turkish airline said on Tuesday. The statement to the Istanbul...

Huawei plans to shift research center to Canada from U.S.: Globe and Mail

Huawei Technologies Co Ltd plans to shift its research center to Canada from the United States, Ren Zhengfei, the founder of the Chinese telecoms equipment maker, said in an interview with Canada’s...

Ebenezer Onyeagwu-Zenith bank new GMD/CEO

Today, Zenith Bank Plc appointed Ebenezer Onyeagwu as the Group Managing Director/ Chief Executive. This appointment according to Michael Osilama Otu, who is the bank’s Secretary and General Counsel, is consistent with...

Failed e-transactions: report defaulting banks to us, says CBN

The Central Bank of Nigeria (CBN), said any failed instant payment transaction not reversed into the customer’s account within 24 hours after complaint by the sender or beneficiary should be reported to...

Nigeria drops to 14th in Africa in best countries for business

An analysis by Forbes has rated Nigeria as the 110th best country for business in the world in 2019. Nigeria is also ranked 14th in Africa on the list. A total of...

Boeing and Lagos-based Green Africa Airways announce largest aircraft deal in Africa

Boeing has announced a Landmark commitment with Green Africa Airways for up to 100 737 MAX aircraft.The commitment represents the largest aircraft deal ever for the African continent

The Lagos Mail

Category: Business