Category: Business
CBN to up forex allocation to banks
The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers. This...
Twitter ban: Nigeria’s economy declines by over N2 billion in one day — Report
The Nigerian economy may have declined by over 2billion Naira in just one day of Twitter ban. This is if the statistics of Netblocks.org, a mapping...
Dangote fertilizer plant ready
…CBN gov, CEOs of Firstbank, GTBank, Access Bank, UBA, Zenith Bank on final inspection tour Dangote Industries Limited has said that its three million metric...
FG committed to providing enabling environmentforall privatized firm – Okoh
The Federal Government is committed to providing the enabling environment and necessary support for all privatised enterprises in the country to perform optimally so...
Polaris Bank in the news again for bad reasons!
….Fights dirty with Vep Equity over loan The relationship between two financial institutions in Nigeria, Polaris Bank (formerly Skye Bank) and VEP Equity...
FirstBank promotes 1,179 staff
First Bank of Nigeria Ltd on Thursday announced the promotion of 1,179 employees to new grades as part of the year-end appraisal outcomes. The Chief Executive...
FirstBank gets another int’l recogintion
…Ranked second most admired financial services brand in Africa First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion...
Oil prices hit two-year high on OPEC+ optimism
By Irina Slav Crude oil prices strengthened further this week hitting their highest level in more than two years, after OPEC+ signaled its growing optimism about...
Interest rates hike imminent as banks plan to shift burden of N10trn debit to borrowers
Rattled by a N10trn debit,Nigerian banks have notified borrowers of imminent Interest Rates Hike As a result,the Commercial banks in Nigeria are finding ways to...
Ketron, Nigerian, firm completes acquisition of Shoprite
Ketron Investment Limited, a Nigerian company owned by a group of local investors led by property firm Persianas Investment Ltd, has completed the acquisition of...
