ABCON cautions against speculations as naira records gain
President of the Association of Bureau De Change Operators of Nigeria (ABCON) Alhaji Aminu Gwadabe has said that the naira is gradually firming-up against the dollar and other major currencies. He...
View ArticleCACOVID urges halt to COVID-19 community spread to restore economy
After expending several billions of Naira as intervention from its members, organized private sector has said that stopping the community spread of the Coronavirus pandemic is the only way to get the...
View ArticleDangote Cement promo fetes 43 winners in five states
No fewer than 43 winners in the Dangote Cement spell and win promo, weekend received instant credit alerts of One Million naira on their phones. The winners emerged from Lokoja, Kano, Abuja and Lagos....
View ArticleCOVID-19: Heritage Bank, FAMO provide palliative to private school teachers...
Heritage Bank Group Head, Education, Non Governmental Organization (NGO) & Faith Groups, Lagos Mainland Zone, Mother Dan-Egwu has affirmed the bank’s commitment towards supporting education,...
View ArticleSterling Bank pioneers work-study programme for secondary school leavers,...
COMFORT EKELEME Committed to enriching lives and impacting the society, Sterling Bank Plc has created valuable opportunities for different categories of citizens in Nigeria. Also in a continued effort...
View ArticleJulius Berger Nigeria @ 50: We have surmounted all Challenges-Chairman, MD
The Chairman of Nigeria’s leading engineering construction company, Julius Berger Nigeria Plc and its Managing Director Mr Mutiu Sunmonu and Engr. Dr. Lars Richter respectively, have in a joint video...
View ArticleCBN’s Family Homes Financing initiative‘ll boost manufacturing
COMFORT EKELEME, Asst. Business Editor Following the challenges faced by the nation’s manufacturing sector, the Central Bank of Nigeria (CBN) said its Family Homes Financing Initiative programme is...
View ArticleNBS says price of Kerosene rose 3.28% in August
COMFORT EKELEME, Asst Business Editor Recent report from the National Bureau of Statistics (NBS) has shown that the average price per litre paid by consumers for national household kerosene increased...
View ArticleStanbic IBTC Bank disclaims Lagos ATM fraudster
Stanbic IBTC Bank PLC has disowned Tope Olajide, 22-year-old fraudster arraigned for theft of customers deposits. The Bank said this in a statement on Wednesday. The statement said: “The attention of...
View ArticleFG, States, LGs share N682.060bn revenue for August
COMFORT EKELEME, Asst. Business Editor The Federation Accounts Allocation Committee (FAAC) has shared a total of N682.060 billion revenue to the Federal, States and Local Governments for August. This...
View ArticleEcobank : The customer friendly bank with passion for growing SMEs
COMFORT EKELEME, Asst. Business Editor All over the world, Small and Medium scale Enterprises (SMEs) play significant roles in the economic growth and development of countries. Their role in terms of...
View ArticlePolaris Bank appoints Opeke Executive Director
The Board of Directors of Polaris Bank Ltd and Asset Management Corporation of Nigeria has appointed Mr Segun Opeke as an Executive Director. The bank’s Company Secretary, Mr Babatunde Osibodu,...
View ArticleFG says registration for N75bn MSME survival fund begins Monday
COMFORT EKELEME To further tackle the economic challenges faced by small businesses as a result of the coronavirus pandemic, Minister of State for Industry, Trade and Investment, Mariam Katagum said...
View ArticleCBN cuts benchmark interest rate to 11.5%
COMFORT EKELEME The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced Monetary Policy Ratio (MPR) by 100 basis points from 12.5 per cent to 11.5 per cent. CBN governor,...
View ArticleConstruction of Umuahia-Bende-Ohafia road will boost economic activities,...
The Spokesperson of the House of Representatives, Hon. Benjamin Kalu, has described as biggest intervention, the approval for the construction of Umuahia-Bende-Ohafia road in Abia state by the Federal...
View ArticleAgain, Minister of Finance, DG budget office, AGF Shun Senate over 2020...
Adekunle Adesuji Again, the Minister of Finance , Ahmed Zainab , Director General of Budget Office, Ben Akabueze and Accountant General of Federation (AGF), Ahmed Idris shunned the Senate Committee...
View ArticleNDPHC : Power firms owes us N160bn
The indebtedness of the power sector to the Niger Delta Power Holding Company has hit N160bn, the Managing Director, NDPHC, Chiedu Ugbo, stated NDPHC is Nigeria’s power company fully subscribed to by...
View ArticleAdeduntan’s Forbes Award: A milestone for First Bank
COMFORT EKELEME, Asst. Business Editor Just like every other good leader, Dr. Adesola Kazeem Adeduntan has in the last four years in office as the Chief Executive Officer of FirstBank Group,...
View ArticleIPMAN urges members to dissociate from strike
Alhaji Suleiman Yakubu, National Public Relations Officer, Independent Petroleum Marketers Association of Nigeria (IPMAN), has urged their members to dissociate themselves from the Nigeria Labour...
View ArticleFood sufficiency: FG set to revitalise rice farms in Anambra
The Federal Government Rice Farms in Anambra State will be revitalized to boost rice production, create jobs and improve the living standard of the people in the state and region. Mustapha Shehuri,...
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