AdminMar 29, 20172 min readKeystone Bank: Transition Board takes over April 1Keystone Bank on Tuesday announced the appointment of Alhaji Umaru H. Modibbo and Mr. Hafiz Bakare as board Chairman and acting Managing...
AdminMar 27, 20171 min readSell 1 dollar at N360 – CBN orders commercial banksThe Central Bank of Nigeria, CBN, on Monday directed all deposit money banks to immediately commence the sale of foreign exchange to...
AdminMar 27, 20174 min readUBA grows Profit Before Tax by 32%, declares final dividend per share of 55 koboUnited Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited...
AdminMar 27, 20172 min readAMCON hands over Keystone Bank to new investorsFollowing the sale of Keystone Bank to Sigma Golf-Riverbank Consortium by the Asset Management Corporation of Nigeria (AMCON), the new...
AdminMar 23, 20172 min readWhy Nigerian banks will experience difficulty in 2017 – FitchRenowned rating agency, Fitch on Wednesday explained why Nigerian banks will face further challenges in 2017, following an extremely...
AdminMar 23, 20172 min readZenith Bank shareholders approve N63.4bn dividend, hail performanceShareholders of Zenith Bank Plc on Wednesday approved final dividend of N55.573 billion for the year ended December 31, 2016, bringing...
AdminMar 22, 20172 min readNaira recovers dramatically, sells at 405 per dollarThe naira on Wednesday dramatically recovered to exchange for 405 per dollar. This is coming in less than 24 hours after the Central Bank...
AdminMar 22, 20171 min readWhy Emefiele’s powers must be reduced – Finance Minister, AdeosunMinister of Finance, Kemi Adeosun, has urged the National Assembly to reduce the powers of the Governor of the Central Bank of Nigeria,...
AdminMar 21, 20172 min readWhy I resigned as Stanbic IBTC Chairman – Atedo PetersideThe Chairman of Stanbic IBTC Plc , Mr. Atedo Peterside, Tuesday, announced his resignation from the board of the bank after serving for...
AdminMar 21, 20171 min readNNPC refunds N6.3bn as FG, States, LGs share N429bn February allocationA total of N429.127billion has been distributed as Federal Allocation for the month of February, 2016 to Federal Government, State...
AdminMar 21, 20171 min readNigeria has moved out of recession – World EconomicsWorld Economics says Nigeria’s economy has climbed out of recession. World Economics is an organisation dedicated to producing financial...
AdminMar 21, 20171 min readNaira continues to appreciate against dollarThe Naira has continued to appreciate against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian...
AdminMar 21, 20171 min readNigerian government blacklists 25 oil marketers over fraudPetroleum Equalization Fund (Management) Board says it has blacklisted 25 oil marketers for defrauding the Nigerian Government. The fund,...
AdminMar 21, 20171 min readAMCON finally sells Keystone BankThe Asset Management Corporation of Nigeria (AMCON) has confirmed the sale of one of Nigeria’s commercial banks, Keystone Bank. AMCON...
AdminMar 21, 20171 min readWhy Buhari released second tranche of Paris Club refunds to States – AdeosunThe Minister of Finance, Kemi Adeosun, has explained that President Muhammadu Buhari released the second tranche of London-Paris Club...
AdminMar 20, 20171 min readNaira extends gain against dollar, sells at N440-N445 per dollarThe Naira on Monday continued to extend its gains against the dollar at the parallel market, newsmen report. The Nigerian currency...
AdminMar 20, 20171 min readNaira will appreciate further this week – CBNThe Naira is set to appreciate further this week as the Central Bank of Nigeria (CBN) plans to inject more Foreign Exchange into the...
AdminMar 20, 20173 min readNNPC owing Capital Oil millions of dollars – Ifeanyi UbahIfeanyi Ubah, chairman of Capital Oil and Gas Industries Ltd, has debunked the allegation that his company is owing the Nigerian National...
AdminMar 17, 20172 min readWhy I won’t allow service providers take consumers for granted – NCC boss, DanbattaThe Executive Vice Chairman of Nigerian Communications Commission, NCC, Umar Danbatta, has assured telecommunications user in Nigeria...
AdminMar 16, 20171 min readNigeria will soon recover from recession – World BankThe World Bank has said that Nigeria will soon recover from its economic recession. Eme Essien-Lore, the Country Manager in Nigeria,...
