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Business
FCMB gets $50m from AfDB, increases lending to high impact businesses
Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will…
Cement: Dangote, BUA, Lafarge post 62% profit increase
Three of the largest cement manufacturers in Nigeria saw their combined profit before tax jump by 61.90 per cent in the first half…
Airtel Africa secures $200m investment from QIA
Airtel Africa Plc has announced that it has secured a $200m investment for its mobile money arm from Qatar Holding LLC.
This is…
Unity Bank posts N23.6bn gross earnings in H1
Unity Bank Plc has announced gross earnings of N23.6 billion for the six months ended June 30, representing an increase of four…
FG unveils 2020 corporate sustainable investment report
The Federal Government on Friday unveiled the 2020 Corporate Sustainable Investment Report (CSIR), aimed at providing key…
CBN to refund N35m capital deposits to BDC applicants
The Central Bank of Nigeria (CBN) on Thursday says it will start immediate refund of capital deposit to Bureaux de Change (BDC)…
Forex: CBN directs commercial banks to set up teller points
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the…
Anchor Borrower’s Programme: CBN disburses N756.5bn loan to 3.7 million…
The Central Bank of Nigeria has disclosed that it has disbursed a total of N756.51bn to over 3.7 million farmers under the Anchor…
Naira falls to N522 hours after CBN bans forex sales to BDCs
Naira fell marginally against the U.S dollar at the parallel market on Wednesday, after the Central Bank of Nigeria (CBN)…
PenCom transfers 10,165 RSAs to new administrators in Q3
The National Pension Commission (PenCom) said it transferred 10,165 Retirement Savings Accounts (RSAs) to other Pension Fund…