Banks to repay excessive charges on customers with interest- CBN

In response to repeated complaints from bank customers of excessive charges by their banks on withdrawals…

Milost’s Proposed Equity injection is with many red flags – Japaul Oil

Japaul Oil and Maritime services PLC has in a written notice debunk the $350 Equity Financing…

Nigeria spends N611bn on IT projects annually-NITDA

The National Information Technology Development Agency (NITDA) on Tuesday announced that the country spends about N611.5bn…

SEC reveals plans to ease trans-border listing

Securities and Exchange Commission (SEC )has revealed plans by the West African Securities Regulatory Authorities (WASRA)…

Nigerian Stock market extends decline, closes 0.04% lower, Tuesday

The Nigerian equities market on Tuesday extended decline from the previous trading session with a marginal…

Warren Buffett Posts First Loss in 9 years totaling $1.14 billion

Warren Buffett has reported a $1.14 billion loss at Buffett’s Berkshire Hathaway Inc. in the first…

Stakeholders okay Forte Oil divestment from upstream, Ghana businesses

Shareholder groups has reacted to the recent announcement of Forte oil’s plans to divest upstream services…

Heritage Bank sets to support agribusiness

The Divisional Head, Corporate Communications of Heritage Bank, Fela Ibidapo, recently said that the bank would…

NIMASA calls for cooperation on goods’ safety

The Director-General, Nigerian Maritime Administration and Safety Agency, Dr. Dakuku Peterside, has said that regional cooperation…

Banks’ credit to economy declined by N136bn in Q1 – NBS

Report released from the National Bureau of Statistics on Monday revealed that the total credit from…

UBA partners Mastercard to revolutionise ease of payment for SMEs

The pan-African financial services institution, United Bank for Africa (UBA) in partnership with MasterCard International has…

Nigeria to Achieve 90% Refining Capacity in 2019 – NNPC

The Group Managing Director of Nigeria National Petroleum Corporation(NNPC), Dr. Maikanti Baru recently said that the…

Stock market declines, closes 0.11% lower

Trading activities on the floor of the Nigeria Stock Exchange on Monday closed in red as…

Segun Agbaje nominated as African Banker of the year

The African Banker Awards Committee has announced the nominees for the 2018 edition of its yearly…

Nigeria-China Currency Swap: What’s in It for Nigerians?

Nigeria’s central bank last week signed a $2.5 billion currency swap agreement with the People’s Bank…

NAHCO announces N406m dividend payout, grew 22.51% PAT in Q1

The Board of Directors of Nigerian Aviation Handling Company Plc has recommended a dividend payment of…

Lagos pays N892m accrued pension rights

The Lagos State Government says it has paid N892m into the Retirement Savings Accounts of 156…

MTN Group adds 4.1m new subscribers in Q1

MTN Group added 4.1 million new subscribers in the first quarter, ending March with a total…