Osinbajo tasks bankers on transformative projects
Vice President Yemi Osinbajo has said that the banking and finance sector has over the years played significant roles in the economy,...
Forex Policy: CBN directs banks to publish names, BVN of defaulters
The Central Bank of Nigeria (CBN) has directed all banks in the country to publish the names and Bank Verification Number (BVN)...
Experts urge FG to broaden tax net to reduce borrowings
Financial analysts have urged the Federal Government to broaden the tax net to boost revenue and reduce the country’s rising debt profile.
Ekeigwe emphasizes importance of self-control in organizations
As practitioners in various fields struggle hard to bring the expertise of their professions to bear on the campaign to contain corruption...
POS operator in court for allegedly absconding with employer’s N510,000
A 26-year-old operator of Point of Sale (POS), Adams Adinoyi has appeared in a Karu Grade I Area Court for allegedly absconding...
Lotus Bank to start operation as non-interest bank next week
The Central Bank of Nigeria (CBN) has granted a non-interest banking licence to Lotus Bank Limited.
This follows Lotus...
Global economy to grow at 5.6%–World Bank
Despite the fact that many emerging economies continues to battle the negative impact of the COVID-19 pandemic, indication has emerged that the...
Diaspora remittances: Examining CBN’s Naira4Dollar incentive
The Central Bank of Nigeria (CBN) on March 5 introduced the Naira4Dollar scheme to encourage increased diaspora remittances into the country.
CBN says external reserves lost $350m in two weeks
The country’s external reserves lost $350 million in two weeks, falling to $34.9 billion on April 29 from a high of $35.25...
First Bank disbursed N58bn to 81,000 female entrepreneurs in 2020
Determined to boost women empowerment for economic growth and development, First Bank of Nigeria Ltd., said that it disbursed loans worth N58...
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Ebonyi proposes N145.4bn spending in 2022 as Gov Umahi presents”Budget of Later Rain”
Governor David Umahi of Ebonyi State has presented an Appropriation bill of N145, 410 billion for the 2022 fiscal year to the...
Nigerian Content Development: Chevron’s success story
The Nigerian oil and gas industry is strategic to the overall socio-economic development of the country. Nigerian Content (“NC”) development is critical...
Heirs Insurance, Heirs Life Assurance provide insurance protection for beneficiaries of Tony Elumelu Foundation
Determined to impact positively on growing Nigeria’s economy in particular and the African continent in general, Heirs Insurance Limited (HIL) and Heirs...