Hackers Indicted For Withdrawing $45 Million From ATMs All Over The World
A group of thieves were able to steal $45 million from thousands of ATMs across over 20 countries, and the thieves did not use a single thre...
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Etisalat Nigeria To Invest $500 Million This Year
The Nigerian operation of United Arab Emirates phone operator Etisalat (ETEL.AD) plans to invest $500 million to expand its network this yea...
World’s Most Expensive Phone Costs $15 Million {EXCLUSIVE PHOTO}
Yes, this is an Apple iPhone 5 and it costs $15 million dollars. Do you know how many regular stock iPhones you could purchase for that pric...
Nigeria Regulator Suspends Ecobank From Capital Markets
Nigeria's stock market regulator said it has suspended Ecobank from all capital market activities because of irregularities surrounding ...
Zimbabwe Central Bank Now Backs Indigenisation Laws
Zimbabwe's central bank chief who has previously warned government against the seizure of foreign banks on Thursday appeared to make an ...
Nigeria - Wema Bank Seeks 35 Bln Naira Capital By Year End
Nigerian regional lender Wema Bank aims to raise 35 billion naira ($222.22 million) in tier 1 capital by year-end, with a view to meeting re...
Opinion - CBN Governor Sanusi Lamido Sanusi's Trap By Kingsley Omose
The announcement by Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria (CBN), that the CBN is to introduce a new N5,000 note and ...
South Africa - Current Account Records Largest Deficit In 4 Years
South Africa's current account recorded its largest deficit in nearly four years in the second quarter of 2012 as exports fell because o...
Nigeria - Finance Minister Okonjo Iweala Doesn't Want WTO Job
Nigeria's Finance Minister Ngozi Okonjo-Iweala is not interested in replacing Pascal Lamy as head of the World Trade Organisation (WTO) ...
Nigeria - N5,000 Note Will Save Economy N7 Billion Annually - CBN
The Central Bank of Nigeria (CBN) has disclosed that the planned introduction of N5,000 note and coins in 2013 will save the economy N7 bill...
Nigeria - Senator Recommends Sack Of CBN Governor Sanusi
"Nigerians should stop this professinal miscalculation, financial suicide" Senator Femi Ojudu representing Ekiti Central District...
Nigeria - The N5,000 Note, Unwelcome Change?
The Central Bank of Nigeria has announced plans to introduce a 5,000 naira note as part of a currency restructuring exercise. Worth just ove...
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Nigeria! It always seems there will be no end to our troubles. As we are getting out of one, we enter into another. While we are still battl... -
North Korea had nothing to do with a tanker which left Libya with an oil shipment in defiance of the government, a Pyongyang official has sa... -
Pope Benedict urged Arab leaders on Sunday at a huge open-air Mass in Lebanon to work for reconciliation in a Middle East riven by Syria... -
Nigeria’s largest airline has halted all domestic flights, alleging that government corruption made it impossible for it to fly. Arik Air Lt... -
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Nigerian author Chimamanda Ngozi Adichie has won the US National Critics Book Prize for her novel Americanah. The writer's work tells th... -
President Goodluck Jonathan has officially suspended a plan to introduce N5,000 currency note in Nigeria. A senior aide of Mr. Jonathan disc... -
A 17-year-old Nigerian girl Forester Samson (pictured above) was stabbed and burnt to death in Moscow, Russia by yet to be identified Russia... -
Argentina has ordered over 300 sailors to evacuate the navy training ship which was seized by the Ghanaian authorities earlier this month. G... -
Over 50 years of panhandling on the streets of Jeddah had taken its toll on her and residents of the downtown al-Balad district never suspec... -
Former Minister of Interior, Captain Emmanuel Iheanacho has been handed over to the State Security Service on charges of oil theft. Captain ...