Uzoka Named ‘Bank CEO of the Year’
Mr. Kennedy Uzoka, the Group Managing Director/Chief Executive Officer of Pan African financial institution, United Bank for Africa (UBA) Plc...
CBN to auction N93.13bn treasury bills
The Central Bank of Nigeria is billed to auction N93.13bn worth of treasury bills in a Dutch auction at the...
Stock market reverses gaining streak as index slumps 0.2 per cent
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), reversed previous gains to close on a downward note...
Interswitch Raises N23bn Via Bond Sale
Interswitch Limited has raised N23 billion through the issuance of a series 1, fixed rate, senior, unsecured callable bonds. The...
Zenith Bank ahead with N491.2b gross earnings in Q3
ZENITH Bank Plc has announced its unaudited results for the third quarter ended 30 September, 2019, with numbers that clearly...
FCMB wins Excellence Award in Customer Experience
FIRST City Monument Bank (FCMB) Limited’s performance in service delivery and customer satisfaction in the Nigerian banking industry, has been...
FirstBank celebrates Firstmonie agents
IN recognition of the contribution of its Firstmonie Agents towards the Bank’s resolve at promoting access to financial services to...
Japanese Firms Target More Investments in Nigeria
The number of Japanese affiliated companies in Nigeria has doubled in the last four years, growing from 21 in 2014...
FBN Holdings Records N52bn Nine-month Profit
FBN Holdings Plc has announced that its profit after tax increased by 15.3 per cent to N51.8 billion as at...
Imported personal item above N50,000 attracts duty, says Customs
Nigerian travellers who takes pleasure in buying personal items should be wary of the price henceforth, as the Nigeria Customs...
Petrol subsidy rises by N58.6bn in one month
The amount spent on fuel subsidy by the Nigerian National Petroleum Corporation increased by N58.6bn within one month, the latest...
2020 Budget: FG Proposes N15bn for Group Life Insurance of MDAs
The federal government has proposed N15 billion for payment of group life insurance of its employees. The proposal was contained...
CBN,15 banks inject N228 billion into AMCON
HE Central Bank of Nigeria (CBN) and 15 commercial banks have injected N228.28 billion into the Asset Management Corporation of...
First Bank profits up 15.3 % in Q3
FBN Holdings Plc has announced its unaudited results for the nine months ended 30 September 2019, with profit after tax...
My investments meant to tackle poverty – Dangote
The Chairman of Dangote Cement Plc, Aliko Dangote, has said that he will continue to help in alleviating poverty and...
Senate seeks probe of CCB contractor over N1.5bn abandoned project
National Assembly Joint Committee on Ethics, Privileges and Public Petition yesterday asked anti-corruption agencies to investigate a contractor for abandoning...
Foreign Investments in Equities Market Soar to N1.2tn
Foreign transactions in the Nigerian equities market soared by 97.88 per cent from N616 billion to N1.219 trillion in the...
NDIC: Savannah Bank Remains Licenced to Operate
The Nigeria Deposit Insurance Corporation (NDIC) has insisted that the defunct Savannah Bank remains a bank with operational licence even...
NSE lists Union Bank’s N30bn bonds
The Nigerian Stock Exchange has listed Union Bank of Nigeria Plc’s N30bn10-Year bond. The NSE said in a notice that...
NNPC remits N729.3b, N602.3b to Federation Account
The Nigerian National Petroleum Corporation (NNPC) said it remitted N729.3billion and N602.30billion to the Federation Accounts and Joint Ventures (JV)...
FG disburses $103.64m Abacha loot to the poor
The Special Adviser to the President on Social Investments, Mrs Maryam Uwais, has said that the Federal Government has been...
Airtel introduces new data plan
Airtel Nigeria has increased the data allowance on its weekly and monthly data tariff plans in a new move that...
Bank CEOs Disclaim MTN over USSD Transactions Charges
Chief Executive Officers (CEOs) of commercial banks have distanced themselves from the moves by MTN Nigeria to impose charges on...
Seven banks account for 64 per cent of industry assets
The nation’s Deposit Money Banks (DMBs) is currently dominated by seven operators, with a cumulative asset base of 63.8 per...
PenCom spent N12.3bn IGR illegally, National Assembly alleges
The National Assembly has criticised the alleged unapproved utilisation of over N12.283bn of the Internally Generated Revenue of the National...
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