Business & Economy
CBN urges Nigerians to patronise home-made goods
The Central Bank of Nigeria on Monday called on Nigerians to patronise home-made goods in order…
$500m invested in African maritime platforms in 3years-Afreximbank
Matthew Otoijagha The African Export Import Bank (Afreximbank) has said its intervention in the maritime sector…
Insurance shareholders want June 2020 recapitalization deadline extended
Matthew Otoijagha Shareholders of some Insurance companies want the National Insurance Commission (NAICOM) to review its…
Wema Bank Plc announces a double-digit growth of 55.56% in Profit Before Tax (PBT), to N4.76billion
Wema Bank Plc in its unaudited results for the 9 months ended September 30, 2019 grew…
Domestic bond subscribers get N190bn in four months
Investors that subscribed to domestic bonds issued by the Federal Government earned about N190bn as interest…
CBN restricts non-financial firms and individuals from bonds purchase
The Central Bank of Nigeria has barred individuals and local non-financial firms from buying high-yielding central…
Bank CEOs back NCC over USSD charges suspension
The body of Bank CEOs has commended the decision of the National Communications Commission to suspend…
Fidelity Bank partners Lagos on market infrastructure
Fidelity Bank says it is committed to partnering with Lagos State on infrastructure development. Fidelity Bank,…
CBN to auction N93.13bn treasury bills
The Central Bank of Nigeria is billed to auction N93.13bn worth of treasury bills in a…
NNPC sets to rehabilitate four refineries
The Nigerian National Petroleum Corporation has engaged Russian firms and the state company to rehabilitate Nigeria’s…
Sanwo-Olu partners China Development Bank to complete Lekki Deep Seaport
In a bid to reduce congestion and complement the capacities of the existing ports in Apapa…
Telecom firms fault banks over USSD charges
Telecommunication companies on Tuesday said banks were the biggest beneficiaries of the USSD charges. They also…
AMCON recovers N759bn debt, seizes N264bn properties
The Asset Management Corporation of Nigeria has recovered a total of N759bn from debtors. Some of…
SEC introduces crowd funding regulation
The Securities and Exchange Commission has revealed plans to introduce regulations on the use of crowdfunding…
Lagos Commodities and Futures Exchange Partners Ecobank for Seamless Trade Settlement across Africa
The Lagos Commodities and Futures Exchange (LCFE) has indicated its readiness to partner with Ecobank to…
Nigeria gets $3bn loan from World Bank to boost power sector
The Federal Government on Sunday said it had opened discussions with the United Kingdom on the…