AdminMay 16, 20171 min readNaira strengthens as CBN pumps fresh $457million into forex marketThe Naira closed at N383 to a dollar at the parallel market as the Central Bank of Nigeria, CBN, on Monday injected 457.3 million...
AdminMay 13, 20172 min readWema Bank appoints Babatunde Kasali chairman as Adeyinka Asekun resignsWema Bank Plc. has announced the appointment of Babatunde Kasali, a non-executive director, as the new Chairman of the Board. This...
AdminMay 12, 20171 min readNaira appreciates against dollarThe Nigerian naira on Friday strengthened slightly at the parallel market. The local currency appreciated by one point against the...
AdminMay 12, 20172 min readKeystone Bank revamps branches nationwideOn the heels of the announcement of the successful sale of Keystone Bank Limited and the promise of the new investors to take active...
AdminMay 11, 20171 min readNaira strengthens against dollarThe naira on Thursday gained N2 against the dollar at the parallel market as it was traded at N386 to the dollar, stronger than the N388...
AdminMay 11, 20171 min readNigerian government gives breakdown of N1.2trn released for capital projects in 2016Federal Ministry of Finance has announced that N1.2 trillion was released for capital projects in 2016. This was contained in a statement...
AdminMay 11, 20172 min readNigeria’s public finance broken, recurrent expenditure in excess of total revenue – SoludoFormer Governor of Central Bank of Nigeria, CBN, Professor Chukwuma Soludo, has expressed worry over the public finance system,...
AdminMay 10, 20172 min readNNPC, partners to boost domestic gas supply by 285%In a bid to realize the Federal Government’s mandate to deploy the nation’s gas resources to stimulate economic growth, the Nigerian...
AdminMay 10, 20171 min readPenCom releases N54bn to FG retireesNational Pension Commission (PenCom) on Tuesday released the accrued benefits of retired workers of Ministries, Departments and...
AdminMay 9, 20171 min readAgain, CBN intervenes, pumps $81.2m for BTA, PTA, othersResponding to the request for invisibles such as Basic Travel Allowances (BTA), Personal Travel Allowances (PTA), medical bills and...
AdminMay 8, 20171 min readDangote dissociates company from “Happy World Meal Gate” ponzi schemeThe Dangote Group has raised alarm over a Ponzi scheme in circulation alleging partnership between the “Dangote brand, Nestle, PZ Cussons...
AdminMay 8, 20171 min readNaira regains strength against dollarThe Naira on Monday appreciated against the dollar at the parallel market. The Nigerian currency gained three points to exchange at N388...
AdminMay 5, 20171 min readCBN insists 40 items remain banned from forex – [FULL LIST]Central Bank of Nigeria (CBN) has explained that the ban it placed on 41 items that are not eligible for foreign exchange is still in...
AdminMay 4, 20172 min readPublish forex allocations to banks – Experts dare CBNSome financial experts have commended the CBN for suspending some banks from the foreign exchange market due to some infractions. They...
AdminMay 3, 20171 min readWe will partner CNN to promote Nigeria’s tourism through Nollywood – Lai MohammedThe Minister of Information and Culture, Lai Mohammed, has disclosed that the federal government and a global news leader, CNN, have...
AdminMay 3, 20172 min readCBN bans 17 banks from forex marketIn response to persistent complaints that some Deposit Money Banks have deliberately frustrated efforts by many Small and Medium...
AdminMay 2, 20172 min readNigerians too religious, we believe oil won’t dry up – NEITI consultant, Dauda GarubaDr. Dauda Garuba, a consultant to Nigeria Extractive Industries Transparency Initiative, NEITI, has warned Nigerians to stop being...
AdminMay 2, 20172 min readWapic Insurance advises Nigerians on target savings, explains SMART Plan benefitsWapic Insurance Plc has reiterated the need for Nigerians to engage in target savings. Target Savings, a savings account that helps...
AdminMay 1, 20173 min readWema Bank introduces ALAT, says future of banking is branchlessImagine the cost a Nigerian bank can save by not having a physical branch where hundreds of thousands are burnt in diesel monthly. We...
AdminMay 1, 20172 min readNigeria should be world leader – Richard Quest laments corruption, leadershipRichard Quest, anchorman of Cable News Network (CNN’s) ‘Quest Means Business’ and ‘Business Traveller’, says Nigeria ought to be among...
