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Global Finance names Ecobank most Innovative Bank in Africa
Global Finance has named Ecobank as the most innovative bank in Africa.
The announcement was made at the eighth Global Finance…
Nigeria’s oil production hits 2.07mbpd in Q1 2020
Nigeria’s crude production stood at 2.07 million barrels per day during the first quarter of 2020, the country’s highest level in…
Nigeria records 1.87% GDP growth in Q1 2020 – NBS
The National Bureau of Statistics (NBS) on Monday said the Gross Domestic Product (GDP) of Nigeria grew by 1.87 percent in the…
COVID-19 presents opportunity to boost African economies – Elumelu
The Chairman, United Bank for Africa (UBA) Plc, Tony Elumelu, has stated that the coronavirus pandemic presents an…
CBN sets 2022 deadline for MfBs’ N200m recapitalisation
The Central Bank of Nigeria (CBN) has set April 2022 deadline for tier-1 Microfinance Banks (MfBs) to achieve N200 million…
COVID-19: World Bank maintains silence on conditions to grant Nigeria’s…
The World Bank Group has remained silent on the conditions it plans to attach to the $1.5 billion loan request from Nigeria.
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Breaking: FG sanctions UK’s Flairjet for violating Civil Aviation…
The Federal Government on Sunday said it has sanctioned Flairjet, a UK company after it was found to have violated the…
Jaiz Bank resumes forex sales to SMEs
Pioneering non-interest bank in Nigeria, Jaiz Bank Plc, has resumed the sale of foreign exchange (forex) to Small and Middle…
FG commences sale of N150bn seven-year Ijarah Sukuk at 11.2 per cent
The Federal Government has begun the sale of its third tranche seven-year N150 billion Sovereign Sukuk, the Debt Management…
British Court rejects Nigeria’s $1.1bn case Against Shell, Eni
An English court in a virtual sitting on Friday threw out a $1.1 billion case filed by Nigeria against oil companies, Royal Dutch…