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Akinwumi Adesina begins five-year second term today at AfDB
Dr. Akinwumi Adesina, re-elected president of the African Development Bank, will be sworn-in today to begin a second term of…
Mobile transactions in Nigeria rise 384% to N1.4tr in seven months
The value of financial transactions carried out via mobile transactions amounted to N1.4 trillion from January to July 2020 as…
9PSB set to commence operations after CBN approval
Following the approval by the Central Bank of Nigeria (CBN), Nigeria’s lifestyle and payment service bank, 9PSB (Payment Service…
Food Security: FG to Inject N600bn into Agriculture
The federal government is set to inject over N600 billion as stimulus-response into the agriculture sector to cushion the adverse…
FG reopens Akanu Ibiam International Airport, says N10b spent on…
The Federal Government on Sunday reopened Akanu Ibiam International Airport, Enugu, runway to flight operations.
The Minister of…
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…