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Business
Guinness Nigeria announces N12.6bn loss, ‘suspends’ dividend payment
Shareholders of Guinness Nigeria Plc may not get any cash reward for the 2020 financial year ended June 30 because the company…
Don’t give loans to customers – CBN Orders Payment Service Banks
Payment Service Banks (PSBs) operating in the country have been directed not to grant loans to their customers because they are…
Polaris Bank appoints Acting MD as Abiru bows out
The board of Polaris Bank Limited, the Asset Management Corporation of Nigeria, and the bank’s shareholders have appointed Mr…
COVID-19: Businesses in Nigeria will return to normalcy in 2021 –…
By August 2021, the Nigerian business environment will regain normalcy from the devastating effect of the global COVID-19…
Capital importation in Nigeria stood at $1,294.94m in Q2 2020 – NBS
The National Bureau of Statistics (NBS) has said that the total value of capital importation into Nigeria stood at $1,294.94…
CBN resumes sales of foreign exchange to licensed BDC operators
The Central Bank of Nigeria (CBN) says it has commenced the sales of foreign exchange to the Bureau De Change (BDC) operators in…
Lagos declares N432b revenue despite COVID-19 crisis
The Lagos State Government on Thursday said it generated N432.6 billion in the first half of 2020 despite raging COVID-19.
This…
Entrepreneurs, SMEs commend Polaris Bank, Facebook on capacity building…
A cross-section of business owners who participated in the just-concluded capacity building programme organised for SMEs have…
FAAN increases Passenger Service Charge by 100 percent
The Federal Airports Authority of Nigeria (FAAN) has disclosed a plan to increase Passenger Service Charge (PSC) by 100 percent.…
Fire: Access Bank urges customers to use alternative branches
Access Bank Plc. on Wednesday advised customers to use alternate branches following a fire that gutted one of its branches on…