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MMM: Access Bank warns customers against scheme, says it is fraudulent
At a time when there are growing apprehension that the Mavrodi Mondial Movement, MMM, scheme is fraudulent, Access Bank of Nigeria has...

Nigeria loses $200 investments – PENGASSAN
Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says Nigeria has lost 200 billion dollars of investments due to...

WhatsApp, Viber, others adversely affecting our business in Nigeria – MTN
The Chief Executive Officer, CEO, of MTN Nigeria, Mr. Ferdinand Moolman, has disclosed that the activities of ‘over-the-top’ companies...

Trump appoints Nigerian, Adebayo Ogunlesi into his Economic Advisory Team
President-elect of the United States, Donald Trump, on Friday appointed a Nigerian businessman, Bayo Ogunlesi, to be on his Economic...

Telecoms operators kick against suspension of data tariff hike
Telecommunications operators in the country, have kicked against the suspension of the new data tariff floor , which the Nigerian...

Wema Bank launches ‘bespoke account’ for Nigerian youths
Wema Bank Plc, one of Nigeria’s foremost financial institutions, and Etisalat Nigeria have partnered to introduce WemaEasySavers, aTier-1...

CBN warns Nigerians against fake dollar notes
The Central Bank of Nigeria (CBN) has warned Nigerians against fake 100 banknotes of Hong Kong Dollar (HK$100) in circulation. This was...

Dansa Foods Processing denies owing AMCON, demands further probe
Management of Dansa Foods Processing Company Limited, on Monday vehemently denied owing Asset Management Corporation of Nigeria (AMCON),...

CFO awards: UBA Wins CFO, Finance Team of the Year Award
Pan-African financial services group, United Bank for Africa Plc repeated the outstanding feat, it recorded last year at the 2nd edition...

CBN refutes alleged plan to freeze domiciliary accounts
The Central Bank of Nigeria (CBN) has refuted the claims in some quarters that it was planning to sieze funds in domiciliary accounts of...

Naira depreciates, exchanges N465 to dollar
The Nigerian Naira, on Wednesday dropped N10 to trade at N465 per U.S dollar as against the N455 per dollar it was yesterday in the black...

CBN seek powers to stop Nigerians from keeping dollars, pounds at home
The Central Bank of Nigeria, CBN, is seeking to criminalize possession of foreign currency for more than 30 days, without depositing it...

Shell wins SERAs 2016 awards for CSR innovations
Shell Companies in Nigeria (SCiN) continued to earn more recognition for their sustainable development efforts as they took home two...

FCMB renews sponsorship of COPA Lagos Beach Soccer Tournament, promises customers more rewarding fun
First City Monument Bank (FCMB) Limited has renewed its pledge to continue the sponsorship of the COPA Lagos Beach Soccer tournament by...

Lagosians spend N3bn on food everyday -Ambode
Governor Akinwunmi Ambode of Lagos state, on Thursday said everyday, food consumption in the state gulps over N3 billion. Ambode said...

NDIC launches plan to shut down MMM in Nigeria, insists it is fraudulent
The Nigeria Deposit Insurance Corporation, NDIC, has revealed plans to shut down Mavrodi Mondial Movement, MMM, scheme in Nigeria. The...

Naira appreciates against dollar
The Naira on Tuesday appreciated against the dollar in all the segments of the forex market, the News Agency of Nigeria (NAN) reports....

Dangote group to create 250,000 jobs for Nigerians
The Dangote Group said on Tuesday that its investments on new projects on agriculture, sugar, oil refinery and fertilisers would create...

Why Nigerians shun banks, keep money at home – Survey
Some Nigerians have identified greed, corruption and instability of the financial sector as reasons why people keep money at home. They...
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