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FCMB opens third branch in Osun

First City Monument Bank (FCMB) has opened an ultra-modern branch at Akarabata Layout (along Lagere Road), Ile-Ife, Osun State, making it the...

Access Bank to ease entertainers’ access to CBN fund

Access Bank Plc has reiterated its commitment to ensure the entertainment industry has access the Central Bank of Nigeria (CBN), intervention fund...

AMCON, ICPC to collaborate on debt recovery drive

The Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, on Wednesday, in Abuja, disclosed of plans to...

LCCI raises alarm over spiralling inflation

THE Lagos Chamber of Commerce and Industry (LCCI) on Thursday raised alarm over the current high inflation rate which has led to...

Airtel Africa postpones listing

The Nigerian Stock Exchange has just announced that the planned Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc...

‘Capital market critical to development’

THE capital market is important in the socio-economic development of any nation as it plays critical roles in attracting investments, Board Chairman,...

NAHCO targets N35b turnovers on new strategic growth plan

Nigerian Aviation Handling Company (NAHCO aviance) Plc, plans to grow its turnover to N35 billion as part of its ongoing strategic initiatives...

Bearish sentiments in highcap stocks pull indices down by N9bn

The bearish sentiments witnessed in the Nigerian equities market extended into the third consecutive session, as sell pressure in highly capitalised stocks...

FG saves $1.7bn from managed interventions for petrol importation

The Nigerian National Petroleum Corporation (NNPC), yesterday, defended its role in the importation of Premium Motor Spirit, otherwise known as petrol, noting...

Documents verification by foreign embassies and document factory

Many people may be unaware of the verification of documents and the legal practice that has evolved around it but it has...

‘Only one power plant built from 100 licences issued’

Stakeholders have again faulted the privatisation of the power sector, noting that regulatory framework in the sector is stifling investments rather than...

SON, customs bicker over products examination at ports

The Standards Organisation of Nigeria (SON) has stated that the directive by the Federal Government that the Nigeria Customs Service (NCS) should...

Group tasks government on MSME development in Nigeria

Sustainable Entrepreneurship and Economic Development Initiative (SEEDi), has called on the Federal Government to begin the process of producing a Micro, Small...

Heritage Bank seeks stronger Nigeria­-Russia partnership

The Managing Director/Chief Executive Officer of Heritage Bank Limited, Ifie Sekibo, has called for stronger partnership between Nigeria and Russia for technological...

Gasco Marine reiterates commitment to growing gas supply in Nigeria

Ahead of the launch of its N2billion compressed natural gas (CNG) model station with total installed capacity of about 216,000 scm/daily in...

Nahco’s investment in free trade will boost export drive, says Fagbemi

To boost Federal Government’s economic diversification drive, the Nigerian Aviation Handling Company Plc (NAHCo), said it is investing heavily in its Free...

UAC pays shareholders N1.8 billion

UAC of Nigeria Plc (UAC) has increased shareholders returns on investment with a total dividend payout of N1.8 billion, despite acclaimed harsh...

Nigeria’s ‘dead capital’ rises to $900 billion

Latest report by the PricewaterhouseCoopers (PwC), has revealed that Nigeria needs to unlock as much as $900billion worth of dead capital to...

NCDMB disburses $160 million in two years, reads riot act to IoCs

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, yesterday, said about $160 million has been disbursed in...

The substance and form of debt

Accidentally, the United States central bank – The Federal Reserve – stumbled on a powerful monetary policy tool in the 1920s. After...

Nigeria promises compliance as OPEC extends cut

Nigeria, whose crude production exceeds its quota under an OPEC/non-OPEC supply accord, is working to improve its compliance, Head of the Nigerian...

IoD wades into SEC-Oando crisis, sets up investigative panel

The Institute of Directors (IoD) Nigeria, has set up a panel to investigate the crisis between the Securities and Exchange Commission (SEC),...

Group urges youths to enrol in MSMEs to access CBN loan

Mr Olanrewaju Longe, Coordinator of Unemployed Graduates of Nigeria (UGN) Ondo State Chapter, has urged youths to embrace Micro, Small and Medium...

Umaru solicits for speedy amendment of NDIC Act

The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has appealed to the 9th Senate...

Career Mastery Certification programme holds next month

Chariscoopers has announced plans to host another session of its highly intense career master class session tagged Career Mastery Certification Programme.

Fed, states, local govts share N679.699bn for May

The federal, states and local government areas yesterday N679.699 billion from the federation account for the month of May 2019.

Stock market rebounds on bellwethers gains

The Nigerian stock Exchange (NSE), yesterday, reversed the three consecutive days losses, occasioned by price gains recorded by most highly capitalised stocks,...

‘Exchange of bad currency notes for new ones not automatic’

The Central Bank of Nigeria (CBN) has said that the replacement of burnt or damaged currency notes is not automatic.

‘Derivatives products will boost capital market liquidity’

The Acting Director-General, Securities and Exchange Commission (SEC), Ms. Mary Uduk, has said derivatives products would enhance liquidity in the nation’s capital...

IoD wades into SEC-Oando crisis, sets up investigative panel

The Institute of Directors (IoD) Nigeria, has set up a panel to investigate the crisis between the Securities and Exchange Commission (SEC),...

Consumers seek power sector privatisation review

Electricity consumers yesterday urged the Federal Government to review the power sector privatisation that led to the handing over of the power assets...

NNPC cautions against product supply disruption

The Nigerian National Petroleum Corporation (NNPC) has warned stakeholders in the downstream oil sector not to do anything that could undermine the...

African Bankers’ Awards: BOI wins Financial Inclusion Award for driving FG’s GEEP programme

The Federal Government’s Enterprise and Empowerment Programme (GEEP) which is executed through the Bank of Industry has been recognized as the most...

NIRSAL guarantees N2b facility for cocoa

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) is providing a-50 per cent Credit Risk Guarantee (CRG) for N2billion working...

Japan urges UK to avoid no-deal Brexit

Japan's foreign minister has told the BBC that he has been telling the two prospective Conservative leaders to avoid a no-deal Brexit.

Samsung’s Egina wins French project award

Samsung Heavy Industries Nigeria (SHIN) has received the ‘Project of the Year’ award at the African Assembly, organised by the Oil & Gas...

Samsung’s Egina wins French project award

Samsung Heavy Industries Nigeria (SHIN) has received the ‘Project of the Year’ award at the African Assembly, organised by the Oil &...

How not to support local airlines for growth, mutual benefit

With 14 million passenger traffic at 20 per cent growth rate yearly, local airlines and investors are apparently doing much for the...

CWG meters get NERC’s certification

THE Nigerian Electricity Regulatory Commission (NERC)  has given Meter Service Provider (MSP) Certification to CWG’s smart meters. The achievement...

MTN Nigeria Launches 4G+ in cities

Determined to offer premium service to its customers across the country, MTN Nigeria Communications Plc on Tuesday launched 4G+ in three cities...

How to make fortune from waste collection

They say money is everywhere. You just have to know where to look. If you are thinking of starting a business and...

N12.9b debt: AMCON takes over luxury homes in Lekki

The Asset Management Corporation of Nigeria (AMCON) on Tuesday took over several multi-billion naira properties in Victory Park Estate, Lekki, Lagos, following...

How states, regions stand on financial inclusion chart

The Central Bank of Nigeria’s (CBN’s) policies on financial inclusion, including planned take-off of Payment Service Banks (PSBs) and impact of mobile...

We have no problem servicing Nigeria’s debt – AGF

The Accountant General of the Federation, Alhaji Ahmed Idris on Monday in Kano allayed the fear that servicing the Country’s debt at the...

Arnergy raises $9m for renewable energy

A Nigerian utility firm, Arnergy, on Monday said it has raised $9 million in a Series A round of funding led by...

MainOne backs UNIBEN’s ICT programme

West Africa’s leading connectivity and data centre solutions provider, MainOne, on the heels of the expansion of its network into Edo State...

CCNN, BUA Cement merger wins finance award

The $1.1billion merger between the Cement Company of Northern Nigeria and BUA Group’s Kalambaina Cement has been awarded the Best M&A Deal...

Fed Govt inaugurates SEC board

The Federal Government on Monday, inaugurated the newly re-constituted Board of the Securities and Exchange Commission (SEC). The investiture...

NERC’s revenue hits N5.5b

The Nigerian Electricity Regulatory Commission (NERC) generated N5,535,581,000 as revenue in last year, The Nation learnt on Monday. The...

EU votes 40m euro for Africa’s development

The African Development Bank (AfDB) has announced a 40 million euro investment from the European Commission for Facility for Energy Inclusion (FEI),...