Business

COVID-19: SMEs bedrock, drivers of nation’s economy — Sekibo, Heritage Bank CEO

  The Managing Director/CEO of Heritage Bank Plc, Mr Ifie Sekibo, has said with partnership and rigorous commitment to their businesses, the micro,...

COVID-19: Buy only Made-in-Nigeria goods, Buhari tells govt officials, Nigerians

  As FEC approves MTEF 2020 amendments, budget, $80m loan for Abakiliki ring road Another $1.2bn lifeline for mechanized farming In a bid...

CBN Gov. Emefiele assures foreign investors of “orderly’’ forex repatriation

      Notwithstanding the drop in crude oil revenue, the Central Bank of Nigeria (CBN) has assured investors of the security of...

Buhari names Finance Minister, Ahmed, chairperson of NBET Board

      …Akabueze, Oniha, Ndanusa others are non-executive directors   President Muhammadu Buhari has appointed Mrs Zainab Shamsuna Ahmed, the Minister of...

COVID-19: Nigeria Airlines lose N17bn monthly, says minister 

      …as airports remain closed for 30 more days By Ajuma Edwina OgiriThe Minister of Aviation, Hadi Sirika, says COVID-19 pandemic...

Nigeria’s economy in dire straits, incapacitated, says Tinubu

    … lower interest rates ’ll spur domestic investment, production, create jobs and wealth …foreign borrowing has created highly imbalanced, imperfect economy...

UBA shareholders excited about bank’s N5bn donation to COVID-19 fight

…ratify N1.00 total dividend …bank assures of huge returns on sharehokders’ investment UBA shareholder and President of Association for the Advancement of the...

Zenith Bank declares profit-before-tax of N58.8bn in 2020 Q1

    Zenith Bank Plc says its profit-before-tax in the first quarter of 2020 has hit N58.8 billion with a three per cent raise...

COVID-19: Osinbajo says FG addressing disruptions in nation’s economy, cash transfer palliatives

    Vice-President Yemi Osinbajo (SAN) said on Wednesday that the Federal Government was looking beyond cash transfers as “incentive’’ for staying at...

IMF approves Nigeria’s $3.4bn emergency loan

     The International Monetary Fund (IMF) on Tuesday approved $3.4 billion emergency support for Nigeria to address the severe impact of the...

Heritage Bank, WHO canvass COVID-19 high-tech fight, attention for  malaria scourge

  …want elimination of the life-threatening disease by 2030 Amid growing concerns that the current high-tech fight against COVID-19 pandemic might douse malaria...

In spite of business upsets, UBA records impressive N32.7bn profit-before-tax Q1 2020

    … retail, electronic banking businesses hit all-time high Buoyed by modest growth and efficiency, the Pan African financial institution, the United...

Post-COVID-19: NIRSAL creates 16, 000 Agro Geo-Cooperatives, plans four million hectares of farmland

   … enrols about 8m farmers to produce 12m metric tonnes of grains annually   … facilitates access to structured finance, quality inputs,...

COVID-19 CBN’s N50bn stimulus loan: Disbursement begins Thursday

  The Central Bank of Nigeria (CBN) says it will commence the disbursement of the first tranche of the  N50 billion COVID-19 stimulus package credit facility...

COVID-19 lockdown: UBA advises customers to protect bank details

  …don’t get scammed, it says …UBA ‘ll not ask for banking details  online or via phone calls or text messages Amid the...

COVID-19: FG to banks: Provide efficient services to cushion lockdown effects

In a bid to flatten the curve of  Coronavirus disease, the Presidential Task Force (PTF) on the pandemic has appealed to banks to provide skeletal services to...