Business

CBN to sell N62.4 billion in Treasury bills next week

[dropcap]T[/dropcap]he federal government will at an auction next Wednesday, sell N62.43 billion naira ($171 mln) of treasury bills, according to the central bank....

Nigeria’s Creditworthiness Stabilizing- UBS

….Creditworthiness improved by higher commodity prices and stronger economic outlook UBS Wealth Management’s Chief Investment Office (CIO) said Monday it now has a...

Feeding Nigeria’s 200 million people will be huge business- First Bank CEO

Nigeria imports nearly a shipload of rice every week. But it is one of the most agriculturally fertile countries in Africa. The challenge,...

NNPC, Shell, Chevron Sign Agreements to Boost FG Revenue by $16 billion

Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed...

Unbanked Nigerians reduce, as Heritage Bank targets 1, 000 agent banking partner in 2017

Heritage Bank Plc, has taken aggressive approach to support the Central Bank of Nigeria’s initiative to curb the unbanked Nigerians in the rural...

Half year: Dangote Cement records 12.6% Sales volume increase across Africa

Dangote Cement, Africa’s largest cement producer, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 percent...

Instant Banking: Fidelity Bank Pioneers Self-Service Feedback System For *770#

…Takes customer service a notch higher Fidelity Bank Plc has again demonstrated its desire to continuously improve on customer service with the introduction...

Easing Will Pull Real Interest Rate Into Negative Territory- Emefiele

…Retains Monetary Policy, Other Policy Parameters. By Gift Olivia Samuel, Per Second News The Governor of the Central Bank of Nigeria(CBN),Mr Godwin Emefiele...

Buhari Administration Commends Heritage Bank’s Commitment to Entertainment Industry

[dropcap]T[/dropcap]he Federal Government has commended Heritage Bank Limited for its commitment to the development and growth of the creative industry. The Minister of...

UBA Increases International Spend Limit on Naira Cards to $2000.

Pan-African financial institution, United Bank for Africa (UBA) Plc has announced an immediate upward review of the monthly international spend limit on its...

NCC Approves Etisalat Nigeria’s Name Change-9Mobile

[dropcap]T[/dropcap]he Nigerian Communications Commission (NCC) has approved Etisalat Nigeria’s name change, according to the company Wednesday. “Etisalat Nigeria wishes to inform its over 20...

Skye Bank’s Liquidity Position has Stabilized, Says MD…Recovers N60billion from Debtors

[dropcap]S[/dropcap]kye Bank’s liquidity position and prime brokerage deposits have stabilized in recent weeks as it has successfully implemented cost management initiatives which has enhanced...

Nigeria’s investment Rate Still Below Par – PwC Report

[dropcap]N[/dropcap]igeria’s economic growth remain broadly unchanged in 2015 and 2016, significantly below the country’s long-term potential, shows the PwCs  recent economic paper, Boosting...

Heritage Bank, Biase Plantations seal N232m pact on oil palm production

Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider, is set to restore Nigeria lost glory in the agricultural sector and reposition the...

Exclusive: Etisalat Nigeria Gets New Name- 9Mobile

Etisalat Nigeria has just greatly accelerated the pace of its effort to stabilize the troubled telecoms company by changing the name brand. Per Second...

FirstBank MD/CEO, Former President Obasanjo Courtesy Visit to Sierra Leone President Ernest Bai Koroma

Dr. Adesola Adeduntan, MD/CEO, First Bank of Nigeria Limited (middle) with Chief Olusegun Obasanjo, former President of Nigeria (left) and President Ernest Bai...