Business News

In another round of intervention, the Central Bank of Nigeria (CBN), on Friday, injected over 337 million dollars in the Inter-Bank Foreign Exchange (Forex) market.

The Nigerian Senate wednesday,  passed a resolution calling on the Central Bank of Nigeria (CBN) to suspend the excessive ATM card maintenance charges being deducted from customers. This resolution came as part of a motion on the illicit and excessive bank charges on customers accounts, sponsored by Senator Olugbenga Ashafa …

Transnational Corporation of Nigeria Plc., TRANSCORP has announced the approved changes in the composition of the Board of Directors.

  United Bank for Africa Plc, the pan African financial institution with presence in 20 African countries has announced its unaudited 2018 Third Quarter Financial Results, with impressive growth in Gross Earnings, which berthed at N374.8 billion, an 12.3 percent increase when compared to N333.9 billion recorded in the corresponding …

From Jude Dangwam, Jos   Plateau State Governor, Simon Lalong,  has disclosed that the establishment of  the Plateau State Micro Investment Development Agency (PLASMIDA) by his administration has strengthened the growth and development of MSMEs in the State and reduced the unemployment rate. He said the State was now  business …

The African Development Bank  in a multidisciplinary team roadshows has presented financial products and investment opportunities to Nordic investors to leverage more access to financing.

  By Tony Obiechina  A stable exchange rate to avoid depreciation of the naira is Nigeria’s target now, Central Bank of Nigeria (CBN) Governor Godwin Emefiele has disclosed. He said as good as building reserves is, the present economic situation cannot allow that. Besides, the country is not ready to …

    The Board of Directors of the Islamic Corporation for the Development of the Private Sector (ICD)  in its 91st Meeting held on September 3, 2018 approved the  appointment of Mr. Ayman Amin Sejiny, as General Manager (CEO) of ICD. Dr. Bandar Hajjar, the President of IsDB and Chairman of …

  Africa Finance Corporation, the leading infrastructure development finance institution in Africa, announces its successful acquisition of a loan facility from the Export-Import Bank of China (“CEXIM”) of a US$200m 5-year loan and a US$100m 5-year stand-by facility for general corporate purpose. The facility from CEXIM marks AFC’s inaugural financing facility …

     Nigerian lender, Fidelity Bank Plc on Monday unveiled a novel account opening initiative, just as it launched a new savings promotion campaign aimed at rewarding new and existing customers of the bank.