CBN: N1.8bn fine imposed on Stanbic IBTC in national interest
The Central Bank of Nigeria (CBN), on Friday, said the deduction of N1.886 billion fine from Stanbic IBTC Bank’s account...
Buhari, Abubakar to grace opening of International Maritime Conference
President Muhammadu Buhari will, on Monday September 17, 2018, declare open the first International Association of Ports and Harbours (IAPH)...
NSE: Market indicators depreciate 0.89%
Equity transactions on the Nigerian Stock Exchange (NSE), on Thursday, closed on a negative note with the market indices dropping...
FIRS to commence audit of taxpayers nationwide
Mr Tunde Fowler, Executive Chairman, Federal Inland Revenue Service (FIRS), on Thursday, said that the Service would soon commence the...
Glo, highest gainer in voice, data subscribers in July, says NCC
Latest telecom industry statistics released by the Nigerian Communications Commission (NCC) shows that Globacom amassed 214,646 new subscribers in...
First Bank creates new support framework for private schools
First Bank of Nigeria has announced its FirstEdu educational solution designed to support schools to meet their medium and long-term...
NSE market capitalisation dips by N19bn
Equity transactions on the Nigerian Stock Exchange (NSE), on Wednesday, reversed to the negative trend after appreciating for one day...
Glo, others gain more subscribers as internet users hit 103.6m
Internet users in Nigeria increased marginally to 103.6 million in July, the Nigerian Communications Commission (NCC) has said. The NCC...
FG offers two savings bonds at 11.36%, 12.36% for September
The Federal Government has offered for subscription two-year savings bond at 11.36 per cent and three-year savings bond at 12.36...
Top 50 brands: Dangote now the most valuable brand in Nigeria
Dangote has emerged as the most valuable brand among the top 50 brands in Nigeria for 2018 unveiled at the...
NOVA Merchant Bank appoints Anya Duroha as Acting MD/CEO
NOVA Merchant Bank Limited has announced the appointment of Mr. Anya Duroha as the Acting Managing Director/Chief Executive Officer of...
UBA appoints Erelu Adebayo, Aneke, Bello, Fasola as Board Members
The Board of Directors of the United Bank for Africa (UBA) is pleased to announce the appointment of four new...
NSE trading on downward trend
Equity trading on the Nigerian Stock Exchange (NSE) closed for the second consecutive day on a downward trend with the...
MTN Nigeria denies CBN claims on illegal repatriation of $8.1b, as shares plunge 23%
MTN Nigeria, on Thursday, refuted the claims by the Central Bank of Nigeria (CBN) that it illegally, in collusion with...
NSE moves 345.057m shares worth N2.27b
A total of 345.057 million shares valued at N2.27 billion were traded in 3,261 deals on the Nigerian Stock Exchange...
UBA grows gross earnings by 16%, delivers 17% return on average equity, sustains interim dividend
Africa’s leading financial institution, United Bank for Africa Plc has announced its audited 2018 half year financial results, showing...
Forex scam: CBN slams N5.87bn sanctions on Diamond Bank, Stanbic-IBTC, two others, orders MTN to refund $8bn
The Central Bank of Nigeria (CBN) has imposed heavy sanctions totalling N5.87 billion on four banks under its regulatory purview...
CBN boosts foreign exchange market with $210m
The Central Bank of Nigeria (CBN) has injected $210 million into the inter-bank Foreign Exchange Market to ensure adequate supply...
FG denies alleged plans to sell NLNG
The Federal Government, on Tuesday, denied that there were plans to sell the Nigerian Liquefied Natural Gas Limited (NLNG). Minister...
NSE: Transactions bearish as index falls by 0.32%
Equity transactions resumed on the Nigerian Stock Exchange (NSE) on Monday on a negative note with market indices dropping marginally...
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