Business News

By Laide Akinboade, Abuja Mobile phone users in Nigeria may be required to pay a minimum charge of one kobo per minute for every outgoing mobile phone call in the country to fund healthcare for the citizens.

The Country Representative, United Nations Office on Drugs and Crime (UNODC), Oliver Stolpe, has disclosed that the world loses $2.3 trillion to corruption annually.

By Adedeji Adeyemi Fakorede In a bid to efficiently deploy funds created by the banking sector to boost activities of critical sectors of the economy, the Central Bank of Nigeria (CBN) have announced a proposition to create a National Micro Finance Bank (MFB) that will further enhance access to credit.

By Adedeji Adeyemi Fakorede Ahmed Lawan Kuru, managing director/chief executive of Asset Management Corporation of Nigeria (AMCON), has again pledged the full support of AMCON to its asset management partners (AMPs) in the pursuit to recover the 20 per cent or N740 billion of the total Eligible Bank Assets (EBAs) …

By Adedeji Adeyemi Fakorede The quest to amass a sizeable portion of consumer funds in a highly competitive financial environment is becoming expensive for Nigerian banking institutions, as a total of 11 banks spent N555 billion in servicing customers’ accounts in a nine-month period ended September 30, 2018, investigations by DAILY …

The Abuja Chamber of Commerce and Industry (ACCI) says it has signed pacts with chambers of commerce in 21 countries to improve  its activities.

The Nigerian Stock Exchange (NSE) All-Share Index resumed trading for the week yesterday southward, shedding 0.82 per cent.

Fidelity Bank Plc yesterday rewarded 13 customers with N19 million under the Get Alert in Millions Savings ( GAIM) season three, to mark the yuletide.

Vice President, Prof Yemi Osinbajo, will address a group of notable German business leaders in Berlin, Germany, today, the Presidency said in a statement yesterday.

The Bank of Industry (BoI) has reaffirmed its commitment to increase developmental financing to the real sector toward enhancing capacities to drive optimal economic growth.