CBN reduces MPR to 12.5%, holds other metrics
Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 13.50% to 12.50% and retains CRR at 27.5%, Liquidity ratio at 30%. Governor, CBN, Godwin Emefiele, disclosed this while...
View ArticleSignificant milestones by Zenith Bank under Onyeagwu in 1 year
COMFORT EKELEME, Asst Business Editor The assumption of office of Mr. Ebenezer Onyeagwu as the Group Managing Director/Chief Executive Officer of Zenith Bank Plc, one year ago brought high expectations...
View ArticlePolaris Bank boss says health sector has massive wealth potentials
Polaris Bank CEO, Mr. Tokunbo Abiru has disclosed that Nigeria’s health sector holds immense potential to create wealth for the country if an enabling environment is put in place for the sector to...
View ArticleLagos supports 2,204 businesses in one year to reduce unemployment
IBRAHIM QUADRI Lagos State Employment Trust Fund (LSETF) on Thursday disclosed that the State government had supported 2,204 businesses as a way of ensuring that unemployment in the State was reduced...
View ArticleZenith Bank emerges best bank in Nigeria at Global Finance World’s Best Banks...
Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine World’s Best Banks Awards 2020. Published in the May...
View ArticleDangote Group wins CNN commercial’s award
Dangote Group has won another award through its television commercial on the Cable Network News (CNN) detailing its business processes, days after emerging the most admired brand in Africa. According...
View ArticleAgain, dollar slumps against major currencies on investors’ optimistic about...
The U.S dollar dropped on Monday morning at London’s trading session, as global investors and currency traders got more optimistic about the global economic recovery from COVID-19 picking up leading...
View ArticleATM: CBN revises timeline for resolution of dispense errors, refunds
The Central Bank of Nigeria (CBN) has revised the timeframes for the resolutions of all botched online transfers, POS transactions, and ATM withdrawals. The CBN in a recent statement posted on its...
View ArticleIkeazor to businesses: Build digital capacity for post-COVID-19 survival
Businesses in Nigeria have been advised to invest in digital capabilities as one of the critical strategies to survive post-COVID-19. Former Managing Director, Keystone Bank Limited, Mr.Philip Ikeazor,...
View Article60 frontline workers benefit from health workers’ fund
COMFORT EKELEME The N1 billion health workers’ fund set up to support frontline health workers combating the COVID-19 pandemic has supported more than 60 frontline health workers since its launched in...
View ArticleGTBank emerges most admired brand in Africa
Guaranty Trust Bank plc has been ranked Africa’s Most Admired Finance Brand in the 10th-anniversary rankings of Brand Africa 100: Africa’s Best Brands, the pre-eminent survey and ranking of the Top 100...
View ArticleUnion Bank unveils partnership deal with TEDxLagos
Union Bank has unveiled a partnership deal with TEDxLagos to host the annual TEDxLagos event for the third consecutive year. The bank said that thew collaboration is in line with it’s efforts to...
View ArticlePolaris Bank’s webinar identifies telemedicine as pathway to healthcare delivery
With the widespread incidence of COVID-19 in the country and its impact on healthcare delivery, the practice of telemedicine is being advocated as one of the quickest and effective means of accessing...
View ArticleOnitsha bus drivers protest arbitrary increase in levies, taxes
By Phil Okose Onitsha Business activities were on Wednesday paralysed in Onitsha, the commercial capital of Anambra State as bus drivers plying along ’33’/Onitsha/Omeife Nkwelle/Otuocha road who...
View ArticleNigerian Naira weakens by 0.45% to N447/$ at parallel forex market
The Naira depreciated 0.45 per cent to N447/$ at the parallel market on Thursday as pressure continues to mount at Nigerian foreign exchange market. Also, the local currency lost 0.10 per cent at the...
View ArticleBuhari reappoints Prof Danbatta as NCC boss
President Muhammadu Buhari has approved the reappointment of Prof Umar Garba Danbatta as Executive Vice Chairman of the Nigerian Communications Commission, NCC. Prof Danbatta who hails from Danbatta...
View ArticleCOVID-19: Fidelity Bank donates N10m to Kano
The management of Fidelity Bank Plc has donated N10 million to Borno Government for the prevention and control of COVID-19 pandemic in the state. Mr Hassan Imam, Executive Director, Northern operation...
View ArticleRivers Govt woos investors to grow agricultural potentials
Rivers State Executive Council has approved the concession of existing agricultural facilities in the state to investors who are interested in bringing their expertise to bear in harnessing the...
View ArticleUmanah Umanah floats empowerment scheme
By Eyo Akaiso, Uyo Foremost Nigerian entrepreneur and financial expert, Mr. Umanah E. Umanah popularly known as “Money man of Africa” has staged a come with the publication of a booklet titled...
View ArticleX-raying roles of BDCs in breaking monopoly of Diaspora remittances in...
Over the years, foreign exchange earnings from Diaspora remittances have contributed to the growth of the Nigeria’s economy. But the World Bank has projected global remittances to decline by about...
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