First bank unveils Digital Experience Centre in Lagos
First Bank of Nigeria Limited has launched the FirstBank Digital Experience Centre, a fully automated branch of the bank, to provide customers with an...
Wema Bank customer deposit set for a boost following Davido’s N1 million challenge
Wema Bank’s customer deposits is set for further boost following the recent N1 million challenge by popular Nigerian Afrobeats megastar, David Adedeji Adeleke (a.k.a...
How States face Challenge of Own Revenue Generation
Nigerian states’ framework of fiscal rules is evolving, due to their limited own revenue-generation capacity and developing debt and liquidity-management regulations and practices amid...
CBN,EFCC, Others To Investigate Rights Violation In Money Lending
The Federal Competition and Consumer Protection Commission (FCCPC), Central Bank of Nigeria (CBN) and the Economic Financial Crimes Commission (EFCC) have commenced rights violation...
Electricity Consumers Not Required To Pay For Meters Under NMMP, Says NERC
The Nigerian Electricity Regulatory Commission (NERC) said under the National Mass Metering Programme (NMMP), electricity consumers were not required to pay directly for the...
FMDQ Registers DLM Capital N20 Billion Commercial Paper
FMDQ Exchange has announced the registration of DLM Capital N20 billion commercial paper on its platform, according to a statement. DLM Capital Group is...
Nigeria equity market Tumbles as Investors Engage in Offensive Selling
Nigerian stock market sees a large drop on Friday as equity investors continue to pull profits after initial telecom price appreciation induced rallies. This...
Buhari to attract continental trade investment deals worth $40 billion in South Africa
President Muhammadu Buhari is in Durban, South Africa to attract continental trade investment deals worth $40 billion.The Nigerian leader is in Durban at the...
FG increases prices of electricity meters
The Federal Government has raised the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021.
It announced this in a...
Senate exonerates Finance Ministry of withholding funds from MDAs
The Nigerian Senate, on Friday, ruled out the allegation that the Federal Ministry of Finance was not releasing funds to Ministries, Departments and Agencies...
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Latest article
Fidelity Bank Completes 100% Acquisition Of Union Bank UK
By Tunmise Olaoye
Fidelity Bank Plc has announced the completion of the acquisition of a 100% stake in Union Bank Plc UK.
This was disclosed...
FX Crisis Deepens, BDCs Lament Dollar Scarcity
…Naira falls to N930/$ at parallel market
By NIYI JACOBS
The naira, on Wednesday, depreciated to N930 per dollar at the parallel section of the foreign...
CBN denies crashing forex to N1.25 against Dollar
The Central Bank of Nigeria (CBN) has denied claims that it would crash the exchange rate to N1.25/$1.
overlay-clevercloseLogoOn Wednesday, CBN disclosed this via its...