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Saturday, December 21, 2024

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Bank of Industry Gets $1 Billion from Afreximbank, Credit Suisse

African Export-Import Bank (Afreximbank) has closed a US$1 billion facility for Bank of Industry, Nigeria’s state-owned development bank. The facility provides much needed support to...

A Nation in Search of Vindication

Christmas 2020 MessageBy Matthew Hassan KUKAHBishop of the Catholic Diocese of Sokoto1: Another Christmas with Dark Clouds of Death:Let me paraphrase the holy prophet...

Union Bank CEO, Emeka Emuwa, To Retire March 31

-         Board Appoints Successor The Board of Union Bank of Nigeria Plc has announced the retirement of its Chief Executive Officer, Mr. Emeka Emuwa, effective March...

Heritage Bank partners LAWMA for sustainable greener, cleaner Lagos

…Launch Lagos Recycle Initiative Heritage Bank Plc, Nigeria’s Most Innovative Banking Service provider has entered into strategic partnership with Lagos Waste Management Authority (LAWMA) to...

Banks Intensify Move Over New Cheque Standard

Nigeria’s deposit money banks (DMBs) have been notifying their customers about the December 31 deadline  to phase out the existing stock of cheque books. This is...

SMILE Re-ignites The Market With Amazing New Data Plans

Leading Broadband Company, Smile Nigeria, has literally set the nation’s broadband market on fire with their new range of amazing data plans which give...

Reps approve N13.6 trillion budget for 2021

Lawmakers raised the proposal presented by President Buhari by about N500 bn. The House of Representatives has passed a total of N13.6 trillion as the...

Senate Passes 2021 Budget; Raises Spending By N505bn

The amount for capital expenditure was increased from N3.6 trillion to N4.1 trillion. The Senate has passed Nigeria’s budget for the 2021 fiscal year. The budget...

Ponzi Scheme: SEC Nigeria Disclaims Famzhi Interbiz Limited

The Securities and Exchange Commission (SEC) has said it did not recognize the activities of Famzhi Interbiz Limited as a financial services institution. The...

Minister Urges Revival of Golden Age of African Writers

The Minister of Information and Culture, Alhaji Lai Mohammed, has called on the new Secretary General of the Pan-African Writers’ Association (PAWA), Dr. Wale...

Nigeria Set to have Five New Cassava Varieties

Five new cassava varieties developed with support from NextGen Cassava have been approved for release in Nigeria. This was contained in a recent report by...

CBN Liquidates 42 Microfinance Banks

The Central Bank of Nigeria (CBN) has revoked the licenses of 42 microfinance banks in the country and has subsequently closed them. The Nigeria Deposit...

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