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BUSINESS

GTBank maintains position of Best Bank in Nigeria… Wins Bank of the Year, Sierra Leone
2 months ago

GTBank maintains position of Best Bank in Nigeria… Wins Bank of the Year, Sierra Leone

By  •  BUSINESS

Foremost African financial institution, Guaranty Trust Bank Plc has won the award for “Bank of the Year Nigeria” for the second year in a row at The Banker’s Bank of …
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Fuel scarcity looms as oil marketers give FG seven-day ultimatum
2 months ago

Fuel scarcity looms as oil marketers give FG seven-day ultimatum

By  •  BUSINESS, LOCAL

Oil marketers have given the federal government a seven-day ultimatum to settle outstanding debts to the sum of N800 billion, failing which depots would cease operation across the country.

The …
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China, US announce tariff ceasefire
2 months ago

China, US announce tariff ceasefire

The United States and China have announced a ceasefire in their tariffs war, hours after US President Donald Trump upended another international forum by snubbing G20 action on trade disputes …
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CBN Grants Diamond Bank Approval To Operate As National Bank
2 months ago

CBN Grants Diamond Bank Approval To Operate As National Bank

By  •  BUSINESS

The Central Bank of Nigeria (CBN) has granted Diamond Bank Plc, approval to operate as a national bank following its application for it.

The bank’s Chief Executive Officer, Mr Uzoma …
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EFCC Raids Astrax Autos, Seizes 29 Exotic Cars on allegation of internet fraud
2 months ago

EFCC Raids Astrax Autos, Seizes 29 Exotic Cars on allegation of internet fraud

By  •  BUSINESS

The Economic and Financial Crimes Commission, EFCC, Lagos office, on Tuesday, November 27, 2018, seized a total of 29 exotic cars during a raid on the office of a Lagos-based …
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Nigeria’s foreign reserve on the rise again
2 months ago

Nigeria’s foreign reserve on the rise again

By  •  BUSINESS

Nigeria’s foreign reserve is on the rise again. This is coming after the nation lost a record $2.1 billion in 30 days,

Statistics from the Central Bank of Nigeria, showed …
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Three modular refineries to start functioning next year – Kachikwu
2 months ago

Three modular refineries to start functioning next year – Kachikwu

By  •  BUSINESS, LOCAL

The Minister of State for Petroleum Resources, Ibe Kachikwu, has said there are strong indications that three out of the 40 planned modular refineries would come on stream by end …
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GTB launches Habari, Nigeria’s Largest Platform for Music, Shopping, Lifestyle Content and More
2 months ago

GTB launches Habari, Nigeria’s Largest Platform for Music, Shopping, Lifestyle Content and More

Leading African financial institution, Guaranty Trust Bank plc, has announced the launch of Habari, Nigeria’s largest platform for music, shopping, lifestyle content and more. Unveiled on Friday, November 23, 2018 …
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$3.2bn, 22 withdrawals made from NLNG dividends in 3 years
2 months ago

$3.2bn, 22 withdrawals made from NLNG dividends in 3 years

By  •  BUSINESS, LOCAL

Twenty-two withdrawals totalling 3.12 billion dollars were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account domiciled in the Central Bank of Nigeria (CBN) in the last three years.


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BPE denies alleged expiration of Discos licences
2 months ago

BPE denies alleged expiration of Discos licences

By  •  BUSINESS, LOCAL

The Bureau of Pablic Enterprise (BPE), has discribe a untrue, rumors that the operating licences of 11 electricity distribution companies in Nigeria have expired and needed to be renewed by …
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