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CBN inaugurates Financial Inclusion State Sterling Committee in Anambra
The CBN on Friday inaugurated the Financial Inclusion State Steering Committee for implementation of the National Financial Inclusion...

NCC sets new bidding deadline for acquisition of 9mobile
The Nigerian Communications Commission (NCC) has said that the new deadline to conclude bidding for the acquisition of 9Mobile is Jan....

Sterling Bank appoints Abubakar Suleiman as new MD
Sterling Bank Plc has appointed Abubakar Suleiman as its new Managing Director/ Chief Executive Officer, CEO. The new bank chief was...

Oyo pledges support to CBN in achieving 80% financial inclusion
The Oyo State Government has promised to support the Central Bank of Nigeria (CBN) initiative in actualizing the 80% financial inclusion...

World Bank releases forecast on Nigeria’s economy in 2018
The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018. This is contained in World...

Naira inches to N361 per dollar
The Nigerian currency, Naira was sold at N361.5 to the Dollar at the parallel market on Tuesday while the Pound Sterling and the Euro...

Infotech Security: Diamond Bank receives ISO/IEC 20000-1:2011 certification
Diamond Bank has been awarded the prestigious ISO/IEC 20000-1:2011 certification by the British Standard Institute (BSI) Group. The...

CBN threatens to sanction banks
The Central Bank of Nigeria (CBN) ​on Monday threatened to impose N10,000 daily fine on banks and other electronic payment service...

NCC speaks on sale of 9mobile as 5 firms jostle
Nigerian Communications Commission (NCC), has stated that there would be no shift in the date fixed for sale of 9mobile. It insisted that...

Fitch issues warning on Nigerian banks
Fitch Ratings, a global leader in credit ratings and research, has warned that Nigerian banks will struggle to sustain the same level of...

ONEm is launching mCoin, the first Digital Currency accessible without the Internet
ONEm, based in London, is launching mCoin, a unique digital currency, in collaboration with top cryptocurrency technologists. Differing...

LCCI forecasts 4 percent GDP growth, 13 percent inflation rate for 2018
The Lagos Chamber of Commerce and Industry (LCCI) has predicted a Gross Domestic Product (GDP) growth rate of between three and four per...

Obu Mines: BUA hails Dangote’s decision to maintain status quo
BUA International Limited has lauded Dangote Cement Plc’s resolve to maintain status quo while awaiting the outcome of the court suit...

FBNHoldings renames its Merchant Banking, Asset Management Businesses
In line with the objectives to deliver a consistent customer experience and drive increased stakeholder value, FBN Holdings Plc has...

Tax evasion: Enugu govt seals five hotels
The Enugu State Board of Internal Revenue, early Wednesday morning sealed-off five hotels over their alleged refusal to pay tax. ‎The...

Dangote accuses BUA of stealing, illegal mining of limestone on its properties
Management of Dangote Group, over the weekend accused BUA of engaging in illegal mining of limestone deposited in its Mining Lease, No....

Naira’s depreciation to N365 per Dollar part of Forex market fluctuations – Gwadabe
The President, Association of Bureaux De Change Operators of Nigeria, Mr. Aminu Gwadabe, has said Naira’s marginal depreciation by 0.55...

FAAC: FG, States, LGs share N609.95bn November revenue
The Federation Account Allocation Committee (FAAC) has distributed N609.95 billion from the Federation Account to Federal, States and...

JAMB remitted N7.8bn to FG from 2016 UTME — Oloyede
The Joint Admissions and Matriculation Board (JAMB) on Tuesday said it remitted N7.8 billion to Federal Government coffers‎ from the 2016...
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