Nigeria’s total debt stock rose to N26.14 trillion as of the end of September 2019. This is…
Business & Economy
Union Bank sells UK subsidiary
Union Bank of Nigeria has entered a share sale and purchase agreement to divest its 100…
Zenith, UBA announce approval of audited accounts and final dividend
The boards of directors of two of Nigeria’s five largest banks- Zenith Bank and United Bank…
Fiscal Deficit hits N4.62tn in 2019- CBN
The Federal Government recorded a fiscal deficit of N4.62tn in its operations in the 2019 fiscal…
Wema Bank Partners BOA to Ease Trade Services for Customers across Africa
Wema Bank, Nigeria’s leading innovative bank, is deepening pan-African trade services for its customers through its…
Julius Berger led 8 other gainers as NSEASI dips further by 0.59%
The Nigerian equities market on Tuesday closed in red as the All share index declined by…
Zenith Bank partners Facebook on SME digital workshop
Zenith Bank Plc has reaffirmed its commitment to support local Small and Medium Scale Enterprises (SMEs)…
Ecobank partners NIRSAL promote agric lending
Ecobank Nigeria Limited will be partnering the Nigeria Incentive-based Risk-Sharing System for Agricultural Lending (NIRSAL), United…
CBN maintains MPR at 13.5%, raises CRR to 27.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Cash Reserve…
Minister woos investors to Nigeria’s creative industry
The Minister of Information and Culture, Alhaji Lai Mohammed, has urged investors to take advantage of…
AfDB invests $600m in Africa for renewable energy
The President, African Development Bank, Dr Akinwumi Adesina, recently said that the bank has approved about…
Central Bank of Nigeria appoints new directors
The Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some directors. A…
Investors stake N626.328bn on FG’s N155bn bond
The Federal Government’s bond auction for January 2020 was subscribed by over 300 per cent, Debt…
Airtel partners Western Union on mobile remittances
Airtel Africa Plc has announced its partnership with Western Union to facilitate mobile remittance service. Airtel…
NEXIM hosts enlightenment programme for exporters
The Nigerian Export-Import Bank (NEXIM) has slated its “Exporter Enlightenment Programme” for the South-south geopolitical zone…
PFAs Invest N7.40tn in Government Securities
Pension Fund Administrators have invested about N7tn of the N9.99tn pension fund assets has been invested…
AfDB partners DFID to provide $80m infrastructure support
The African Development Bank and the Department for International Development are partnering to provide $80m infrastructure support…
UBA launches “UBA Connect” to expand intra-African trade
United Bank for Africa Plc has introduced a product called UBA Connect to deepen intra-African trade…