eNaira records 200,000 users, N4bn transactions value, says Emefiele
The Central Bank of Nigeria (CBN) digital currency, eNaira, has recorded 200,000 volumes and N4 billion value of transactions since...
PenCom: Pension fund, contributors hit N14trn, 9m
The National Pension Commission (PenCom) says the total number of registered contributors and the value of pension fund assets stand...
UBA launches Innovative Experience Centre in Abuja
Africa’s Global Bank, the United Bank for Africa (UBA), has just launched a modern and future-forward Experience Centre in Abuja,...
Broadband penetration hits 44.5%, as NCC reviews Short Code services
Nigeria’s broadband usage has continued on the rise, moving up from 40.9 per cent in February 2022 to 44.5 per...
Equity market down by N125bn as sell-offs persist
The stock market closed trading activities on Monday on a negative note as sell-offs returned and making the market capitalisation...
Jamoh tasks Petroleum Engineers on protection of oil assets
The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has charged the Society of Petroleum Engineers (SPE)...
Management debunks sale of Polaris Bank
The management of Polaris Bank has discredited an online report in the purported sale of the bank by the Central...
‘FirstBank Branch, Head office, not sealed’
Our attention has been drawn to the news reports online with the conflicting claims that FirstBank branch or/head office has...
Shell shuts floating crude oil storage facility over water leakage
A Shell Floating Production Storage and Offloading (FPSO) vessel operating off Bayelsa coastline, has been shut down due water leakage,...
Firstmonie agents process over one billion transactions worth N22trn
*The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country *The Bank currently has over...
UBA announces Group Managing Director, Executive Board Appointments
United Bank for Africa Plc, Africa’s global bank, on Monday, announced the appointment of Oliver Alawuba as Group Managing Director,...
Nigerian Breweries records N274.03bn revenue in six months
Nigerian Breweries Plc has announced a revenue of N274.03 billion for the first half of the year ended June 30,...
FBN Holdings records N359.2bn gross earnings in six months
FBN Holdings Plc has announced its unaudited results for the half year ended June 30, 2022 with a gross earnings...
Buhari approves Lekki Deep Seaport for commercial operations
President Muhammadu Buhari has approved the designation of Lekki Deep Seaport as a Customs Port and Approved Wharf. This is...
Forex: CBN allays fears of Nigerians
In the face of rising demand for foreign exchange for both goods and services by Nigerians, the Central Bank of...
Senate invites Emefiele over Naira depreciation
The Senate on Wednesday at plenary resolved to invite the Governor of the Central Bank of Nigeria (CBN), Mr Godwin...
NIMASA urges NLNG to use Nigerian flag for vessels
The Nigerian Maritime Administration and Safety Agency (NIMASA) has urged the Nigeria Liquefied Natural Gas (NLNG) to consider the Nigerian...
NIMASA, NLNG to set up Standing Committee to improve operations
The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA, and that of the Nigeria Liquefied Natural Gas, NLNG,...
Jamoh inaugurates expert team on maritime security, strategy
The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has inaugurated the Expert Level Planning Team (ELPT)...
Buhari nominates Adetunji, Obadan, two others as CBN board directors
President Muhammadu Buhari has nominated four persons for appointment as Non-Executive Directors of the Board of the Central Bank of...
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