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BUSINESS

All money banks now MANDATED to sell foreign currency OVER THE COUNTER – CBN
3 weeks ago

All money banks now MANDATED to sell foreign currency OVER THE COUNTER – CBN

By  •  BUSINESS

The Central Bank of Nigeria (CBN) has eased the stress of all intending travellers by mandating all money banks to sell foreign currency over the counter with the presentation of …
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ALLOCATION: FG, states, LGs share N701 billion in April
4 weeks ago

ALLOCATION: FG, states, LGs share N701 billion in April

The Federal Government, states and local governments shared N701 billion as revenue for the month of April, the Permanent Secretary, Ministry of Finance, Mahmoud Isa-Dutse, said on Wednesday in Abuja.


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YIPPEE! UBA to Reward Loyal Customers in ‘Refer-a-Friend’ campaign
4 weeks ago

YIPPEE! UBA to Reward Loyal Customers in ‘Refer-a-Friend’ campaign

By  •  BUSINESS, LOCAL

Pan-African Financial Services Institution, United Bank for Africa (UBA) Plc will be rewarding its loyal customers who refer friends and family to the bank in its new diaspora campaign.

The …
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Oil price jumps above $80
4 weeks ago

Oil price jumps above $80

Brent crude oil rose above 80 dollars a barrel on Tuesday, supported by concern that falling Venezuelan crude output and a potential drop in Iranian exports could further tighten global …
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Dangote gives N10b micro-grants to 25,000 Niger women
4 weeks ago

Dangote gives N10b micro-grants to 25,000 Niger women

The Aliko Dangote Foundation has flagged off its one-off and unconditional Micro-grants Programme in Niger State with 25,000 disadvantaged women as beneficiaries bringing the total number of women beneficiaries to …
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AMCON takes over Stella Oduah’s assets over N20bn debt
1 month ago

AMCON takes over Stella Oduah’s assets over N20bn debt

By  •  BUSINESS

The Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to Sen. Stella Oduah-Ogiemwonyi over an unpaid debt of about …
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NEC accuse 17 revenue generating agencies of underpaying N526bn, $21bn to government
1 month ago

NEC accuse 17 revenue generating agencies of underpaying N526bn, $21bn to government

By  •  BUSINESS, LOCAL

The National Economic Council (NEC) says revenue generating agencies underpaid N526 billion and $21 billion the federation account between 2010 and 2015.

This disclosure was made by Ibrahim Dankwambo, governor …
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UBA Kenya to Leverage on Group’s Capacity to Finance Large Ticket Transactions in Kenya – Emeke E. Iweriebor
1 month ago

UBA Kenya to Leverage on Group’s Capacity to Finance Large Ticket Transactions in Kenya – Emeke E. Iweriebor

United Bank for Africa (UBA), a leading pan-African financial institution with operations in 20 African countries has assured the players in the private and public sectors in East Africa’s largest …
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AfDB approves $100m to boost fertilizer production in Nigeria

The African Development Bank (AfDB) says it has approved 100 million dollars senior loan to Nigerian firm, Indorama Eleme Fertilizer and Chemicals Limited, to support production of Fertilizer in Nigeria.


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Inflation rate drops further in April
1 month ago

Inflation rate drops further in April

By  •  BUSINESS

The National Bureau of Statistics, NBS, has released a report on the Consumer Price Index (CPI) for April, 2018.

According to this report, inflation increased by 12.48 percent (year-on-year) in …
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