Sterling Bank Plc has announced the appointment of Mrs Folasade Kilaso and Mr Michael Ajukwu to…
Business & Economy
NCC finalises 9mobile takeover
Indications have emerged that the Nigerian Communications Commission is in the final stages of reviewing the…
Lafarge Africa plans N90bn share sale
Lafarge Africa Plc, the continent’s second-biggest cement producer, plans to raise as much as N90bn through…
FG implements new template for operating surplus
The Federal Government is set to inaugurate the use of a new template for calculating the…
NEXIM Bank Okays N25bn loan for non-oil exporters
The Nigerian Export-Import Bank on Thursday gave approval for the disbursement of the sum of N25bn…
NAICOM raises capital base for insurance firms by over 100%
The National Insurance Commission (NAICOM) has released the new capitalisation requirements for insurance firms in the…
Industrial council moves to improve FTZs’ operations
The Nigeria Industrial and Competiveness Advisory Council has moved to review fiscal arrangements and incentives applicable…
External reserves drops to $47.303bn
Data obtained from the Central Bank of Nigeria on Wednesday showed that the nation’s foreign exchange…
World Bank portfolio in Nigeria soars to $8.52bn
Investigation has shown that Nigeria’s liabilities to the World Bank Group now stands at $8.52bn. Statistics…
CEOs of insurance companies panic over emergency meeting
Matthew Otoijagha Panic has gripped the Chief Executive Officers of insurance firms following the invitation extended…
Osibanjo, Others Woo US Investors to boost Nigerian Economy
The Vice President, Prof Yemi Osibanjo and the Executive Secretary of the Nigerian Content Development and…
Insurers consider utilization of BVN to curb fraudulent claims
Matthew Otoijagha The Insurance Industry in a bid to curtail incidences of fraudulent insurances is considering…
FG to inject $55m as start-up capital for Nigeria Air
The Federal Government on Tuesday provided a breakdown of how the new national carrier, Nigeria Air,…
Dangote arranges $4.5 bn to finance oil refinery
Africa’s richest man, Aliko Dangote, has arranged more than $4.5 billion in debt financing for his…
CBN holds monetary policy rate at 14%
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy…
Edmark to invest in real estate, unveils N5billion centre
Edmark group of companies, a multinational, has unveiled its state of the art international event centre in…
First Bank-Chinese Business Forum deepens intercontinental partnerships
As part of its strategic drive to strengthen business partnerships between Nigeria and China, First Bank…