Business
SEC reiterates zero tolerance for unethical practices, warns capital market operators
The Securities and Exchange Commission, SEC, has restated the commission’s resolve to enforce relevant regulations urging newly Inductees to abide by the highest principled...
Glo faces disconnection over unpaid N1billion debt
The Federal Capital Development Authority, FCDA, has threatened to pull the plug on Mobile Communication giants, Globacom, over an outstanding N1 billion debt,...
Moody’s says CBN’s new lending rule credit-negative for Nigerian banks
The Central Bank of Nigeria’s directive requiring banks to maintain a minimum loan-to-deposit ratio (LDR) of 60% by the end of September 2019...
UNDP Partners with the Tony Elumelu Foundation to Empower 100,000 Young Entrepreneurs in Africa
The United Nations Development Programme (UNDP), the global development network of the United Nations, has partnered with the Tony Elumelu Foundation (TEF) —...
Global Transparency Body, EITI, Congratulates Mele Kyari
… Urges him to Steer NNPC to Greater Transparency Extractive Industries Transparency Initiative (EITI) has congratulated the newly appointed Group Managing Director...
West African nations adopt ECO as ‘single currency’
Leaders of the member states of the Economic Community of West African States, known as ECOWAS, formally agreed on Saturday to name a...
CBN says it strengthened FX market with $242m
The Central Bank of Nigeria (CBN) on Friday, said it intervened in the foreign exchange market by injecting as much as $242.04million into...
Nigeria will raise VAT to 7.5% in 2020, Ex-finance minister
Nigeria is raising the rate of value-added tax to 7.5% from current 5% in 2020, the former Finance Minister, Zainab Ahmed told Bloomberg in a...
Biosec Solutions, Identity Management Firm Now EU GDPR Complaint
BIOSEC Solutions, Nigeria foremost identity management consultancy firm with over thirty cumulative years of biometrics experience, has become certified as being EU General...
Heritage Bank empowers ‘HB Lab’ tech start-ups’ winners with $40,000 grants
Heritage bank Plc as part of its efforts to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub in...
Afrexim Bank grows 2019 first quarter revenue by 59%
African Export-Import Bank (Afreximbank) reported that it grew its first quarter revenue in 2019 by 59 percent, up from $151.17 million to $240.71...
After 18 years, MTN finally listed on Nigerian Stock Exchange.
18 years and several legal battles after, MTN Nigeria is finally been listed on the Nigerian Stock Exchange. The listing was concluded at...
Photo News: Fidelity Bank Plc, African Development Bank sign $50m line credit
The Fidelity Bank team led by the DMD, Mohammed Balarabe was at the AfDB Office in Abuja recently for the formal signing ceremony of...
Abdoul Aziz Dia Joins UBA Group Board of Directors
The United Bank for Africa (UBA) announced today that Abdoul-Aziz Dia will join the bank’s Board of Directors subject to the approval of...
Kagame, Sall, World Leaders to Attend TEF Entrepreneurship Forum in Abuja
The annual largest gathering of the African entrepreneurs hosted by the Tony Elumelu Foundation (TEF) will hold for the first time in Abuja,...
