Forex intervention: CBN injects $325.5m into retail market
The Central Bank of Nigeria (CBN) has injected $325.5 million in the retail Secondary Market Intervention Sales (SMIS) and CNY14...
UBA honours Kola Jamodu after 12 years of service
Pan African financial institution, United Bank for Africa (UBA) Plc, has assured investors and shareholders of her continuous adherence to...
IMB reports 30% piracy drop as Nigeria’s deep blue project comes into operation
The International Maritime Bureau (IMB) has reported a drop in piracy attacks in Nigeria in the third quarter of 2019....
Minimum wage: FG, Labour agree on consequential adjustments + details from levels 1-17
Following three days of delicate negotiations from Government and the Organised Labour on the consequential adjustments of the implementation of...
CBN will continue to apply monetary policy tools to control inflation
The Central Bank of Nigeria (CBN) will continue to apply monetary policy tools to control rising inflation. The CBN made...
FAAC: FG, States, LGAs share N693.529bn
The Federation Account Allocation Committee (FAAC) on Thursday in Abuja, shared a total of N693.529 billion to the three tiers...
Sylva: FG has no plan to remove fuel subsidy, says ‘Bauchi will soon be recognised as an oil-producing state’
Minister of State for Petroleum, Mr Timipre Sylva, on Thursday, assured Nigerians that the Federal Government has no immediate plan...
Access Bank’s W Initiative announces plans for Health Month, targets two million women, families
The W Initiative, a flagship women empowerment programme from Access Bank Plc, has announced plans for its 2019 W...
FirstBank customers’ accounts hit 18m
First Bank of Nigeria Limited, on Wednesday, said that it had over 18 million customers’ accounts. Mr Chuma Ezirim, the...
Chemstar Group appoints Chairman/CEO, GMD, Executive Directors
A major change has been announced at the top management echelon of Chemstar Group. In the new changes as announced...
Inflation rises to 11.24%
The National Bureau of Statistics (NBS) says inflation rate in September 2019 increased by 0.22 per cent to 11.24 per...
Equities market halts previous growth with 0.16% decline
The benchmark index of the Nigerian Stock Exchange (NSE) halted gains posted in the preceding trading session to drop by...
Access Bank hits over N1bn in digital lending daily
Access Bank’s expanded digital lending portfolio, which gives Nigerians quick and 24/7 access to funds for emergencies without any collateral,...
Peter Obi: Government uses subsidy to finance inefficiency
Vice Presidential Candidate of the Peoples Democratic Party (PDP), Mr. Peter Obi, has called for the improvement in infrastructure in...
Finance Minister: Fuel subsidy to gulp N450bn in 2020
Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning, says under-recovery of Premium Motor Spirit (PMS), popularly referred...
FG lists N15bn green bond on NSE
The Federal Government, on Monday, listed its N15 billion green bond on the daily official list of the Nigerian Stock...
Olam pays N120 billion to acquire Dangote Flour Mills
Shareholders of Dangote Flour Mills Plc (DFM), unanimously on Monday approved the acquisition of the company by Crown Flour...
CBN: Nigeria’s financial inclusion rate now 63.2%, South-West surpasses 20% exclusion rate
The Central Bank of Nigeria (CBN), on Monday, said the country’s financial inclusion rate stood at 63.2 per cent in...
Wise Savers Promo: UBA rewards 20 more customers in final draw as 80 win N120m
Pan African financial institution, United Bank for Africa (UBA) Plc, has again rewarded another 20 customers who have emerged...
NSE: Trading maintains bearish trend, indices down by 0.19%
The bears maintained dominance on the Nigerian Stock Exchange (NSE) for the fifth consecutive day with the market indicators dropping...
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