AdminAug 3, 20161 min readBeware of unregistered money transfer operators – CBN warns Nigerians, citizens abroadThe advice is contained in a statement made available to newsmen by CBN’s Acting Director of Communication, Mr Isaac Okorafor on Abuja in...
AdminAug 2, 20162 min readCustomers besiege Diamond Bank branches over trapped moniesThe affected customers, were, however dispersed with tear gas by security agents. Their leader, Comrade Victor Mathew Bobai, who narrated...
AdminAug 2, 20162 min readWorldRemit calls for urgent restoration of money transfers to NigeriaLONDON, United Kingdom, August 2, 2016/ — WorldRemit (www.WorldRemit.com), a leading online remittance provider, is calling for the...
AdminAug 2, 20162 min readAmbode describes Dangote Refinery as biggest investment in AfricaHe stated this on Tuesday in a goodwill message at the visit of the Togolese President, Mr. Faure Gnassingbe, to Dangote Refinery,...
AdminAug 1, 20163 min readCPC accuses FCMB of defrauding Bauchi, orders refund of N1.54bnThe Consumer Protection Council (CPC) has ordered the First City Monument Bank (FCMB) to refund N1, 542,775,841.58 to the Bauchi State...
AdminJul 30, 20161 min readDangote Sugar Refinery declares N11bn profit before taxThe statement showed that the PBT increased by 13.3 per cent compared with N9.8 billion posted in the preceding period of 2015. The sugar...
AdminJul 29, 20161 min readDangote Cement earns N292bn revenue in second quarterAccording to the reports filed with the Nigerian Stock Exchange, NSE, the company’s Profit for period stands at N106.3 billion...
AdminJul 29, 20162 min readTough times await Nigerian economy – LemoHe, therefore, advised the Federal Government to intensify efforts towards diversifying the economy. A statement issued on Thursday...
AdminJul 29, 20163 min readFBN Holdings announces new board appointmentsThe appointments have been approved by the Board of Directors, but remain subject to all necessary regulatory approvals. Ms. Cecilia...
AdminJul 26, 20161 min readCBN orders banks to publish all forex transactionsThe Central Bank of Nigeria (CBN) yesterday ordered banks to publish details of all foreign exchange transactions on the Financial Market...
AdminJul 24, 20162 min readCustoms, FIRS, DPR got N142bn as incentives in one year of Buhari’s administrationThis is the cost of the revenue collected by the Nigeria Customs Service (NCS), the Federal Inland Revenue Service (FIRS) and the...
AdminJul 24, 20161 min readNigeria to save ailing economy by relying on technology – OnuSpeaking during a working visit to the National Centre for Remote Sensing, NCRS, Jos, Plateau State, the Minister of Science and...
AdminJul 23, 20162 min readDearth of infrastructure killing African economies – Outgoing UBA MD, Phillip OduozaOduoza said this at the 4th valedictory lecture in his honour by the Chartered Institute of Bankers of Nigeria (CIBN) on Friday in Lagos...
AdminJul 21, 20162 min readZenith Bank is most customer-focused bank – KPMGIn the 2016 edition of the annual banking industry Customer Satisfaction Survey recently released, Zenith Bank topped other Nigerian...
AdminJul 21, 20162 min readWema Bank announces 10 percent financial improvement in first half of 2016The bank reports 10 per cent improvement in profitability on the back of 42% growth in fee income. Speaking on the achievement, Wema Bank...
AdminJul 20, 20162 min readUBA, MasterCard announce Pan African partnership; bank to act as issuer in 19 marketsThe United Bank for Africa (UBA) and MasterCard have announced a partnership which will see UBA act as the issuer for MasterCard in 18...
AdminJul 19, 20162 min readEconomists warn of depression, urge CBN to review forex policyWarning that some form of managed pegged system is consistent with the structure of the Nigerian economy, the society urged CBN to review...
AdminJul 19, 20162 min readNigeria inflation hits 16.5% in June, highest in over 10 yearsThis was made known by the National Bureau of Statistics in a statement on Monday. It is the highest rate since October 2005, according...
AdminJul 18, 20162 min readAccess Bank emerges first African Bank to win Karlsruhe Sustainability AwardThis award, presented to the Bank in Karlsruhe, Germany’s most sustainable city, recognizes the Bank’s outstanding success in...
AdminJul 18, 20161 min readCBN orders banks to stop requesting deposits before opening new accountsThe directive is contained in the Monetary, Credit, Foreign Trade and Exchange Guidelines for Fiscal Years 2016/2017 guidelines posted by...
