Business
Nigeria’s sluggish economic growth too weak to lift millions out of poverty – IMF
The International Monetary Fund (IMF) says Nigeria’s slow economic growth too weak to lift millions of Nigerians from poverty, despite 137 percent growth...
Keystone Bank appoints Abubakar Danlami Sule as Acting MD/CEO
Keystone Bank Limited, has announced the resignation of Mr. Obeahon Ohiwerei as Managing Director/CEO of the Bank, and the appointment of Mr....
Innoson seals 7 GTB branches over N8.8 billion
Innoson motors Nigeria Limited has sealed seven branches of Guaranty Trust Bank, GTB to recover it’s N8.8 billion. The branches are: one in...
CBN slashes anchor lending rate by 4%
The Nigerian Central Bank on Tuesday slashed its Monetary Policy Rate (MPR) by nearly four percent from 14% to 13.5 for the first...
Tony Elumelu Foundation selects 3,050 entrepreneurs for 2019 cohort
This year’s selected entrepreneurs for the Tony Elumelu Foundation’s entrepreneurship programme rose by 110 per cent to 3,050 from last year’s 1,450 people,...
Don’t buy substandard appliances, Schneider Electric warns
Lagos, In a bid to ensure electrical safety and installation of genuine equipment, Schneider Electric and its partners have embarked on a tour...
DMO offers FG bond for as low as N10,000
The Debt Management Office says it is now offering the general public an investment option in bonds as low as N10,000, which will...
Transcorp Hotels Soars Into Second Year Of Unprecedented Growth As Demand Thrives in 2018
Shareholders laud ‘impressive performance, approve 15k per share as dividend Renowned Africa’s leading hospitality brand, Transcorp Hotels Plc, grew its turnover...
UBA earnings hit N494bn, records significant asset growth
Growth driven by market share gains across Africa, bank says The United Bank for Africa Plc, the Pan-African financial institution, on the weekend...
After merger, new Access Bank sees operations commencing April 1
Subject to final regulatory approvals, including the High Court Sanction of the Scheme of merger with Diamond Bank, the new Access Bank will...
Sterling Bank seeks partnership with Nigeria’s travel agencies
Sterling Bank Plc said it is collaborating with the National Association of Nigeria Travel Agencies (NANTA) to develop a “mutually beneficial relationship between...
Nigerian corn farmers begin N3bn CBN loan repayment, BOA chief says
As Nigeria sought to import 300,000 tons of maize last month to meet its consumption demand of 11.3 million tons, the country’s maize...
First Bank Nigeria @ 125: CEO says flag hoisting signifies continued greatness
Following a symbolic flag hoisting ceremony across Nigeria and other countries where it does business, as part of celebrations marking the 125 years...
Lee Engineering Signs Fabrication Deal With VDL KTI Of Belgium
Lee Engineering, on Monday, signed a major partnership deal with VDL KTI of Belgium for oil and gas equipment fabrication. The Belgian company is...
UBA launches full banking operations in the UK
The United Bank for Africa (UBA) last week officially launched a new UBA franchise in the United Kingdom (UK), the global financial city...
Nigeria’s foreign trade volume hit N32.26trn in 2018, NBS says
The Nigerian data body, National Bureau of Statistics (NBS), said the country recorded a total trade value of N32.26 trillion year-on-year in 2018,...
