Business
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,...
CBN considering setting up a trust fund
Nigeria’s central bank is considering setting up a trust fund to boost financial inclusion in the country, Per Second News learnt at the...
February N434.6bn equities gain boosts investors confidence
Investors’ confidence in Nigeria’s stock market is seen bosted by a N434.6 billiion gained last month at the Nigerian Stock Exchange, analysts who...
Nigerian stock plummets as Buhari leads
Nigeria’s benchmark stock index dropped 0.7 percent on Tuesday, as President Muhammadu Buhari takes the lead in the 2019 presidential election result against...
9 Nigerian companies made N277.417bn investments, NIPC says
Nine Nigerian companies made as much as ₦277.417 billion in the last three months of last year and created about 1,733 direct jobs,...
CBN invests $210m in Nigeria’s FX market
A fresh investment of $210 million has been made by the Nigerian central bank into the country’s inter-bank foreign exchange market, “in its...
Nigeria: Google, UBA Collaborate to Provide Free Wi-Fi to Customers in 200 stations
The United Bank for Africa (UBA) Plc has collaborated with Google and ISP partner to launch Google Station in 11 key UBA branches...
CBN sold $279.13m, CNY 46.92m to Retail SMIS, Friday
The Central Bank of Nigeria (CBN) on Friday sold a total of $279.13 million and CNY 46.92 in the foreign exchange as per...
SEC shuts down Dantata Success and Profitable Company Ponzi Scheme in Kano
The Securities and Exchange Commission, SEC, Wednesday sealed off the premises of Dantata Success and Profitable Company, Kano for engaging in illegal...
Nigeria’s maize output likely to increase 50% in 2019, farmer’s body says
Nigeria will this year increase corn output by as much as 9 million tons driven by increased farmers’ participation and hectarage, as well...
Coca-Cola completes acquisition of Chi Ltd, 3 years after
The global beverage company, Coca-Cola has completed the acquisition of Chi Limited, Coca-Cola announced on Wednesday, saying it now has acquired full ownership...
CBN injects another $210m into inter-bank market
The Central Bank of Nigeria (CBN) on Tuesday, injected another sum of $210 million into the inter-bank foreign exchange market, in “continuation of...
At DAAR 2019 Awards, Fidelity Wins Entrepreneurship Support Bank of the Year
Fidelity Bank Plc, has been adjudged “Entrepreneurship Bank of the Year” at the third edition of DAAR Awards held in Abuja recently. The...
Ahead of 2019 elections, CBN to spend $53billion to defend naira
…..Says it could increase items on forex restriction list to 50 The Central Bank of Nigeria (CBN) said over the weekend that it...
