Browsing Category
Business
CBN revokes licenses of seven PSPs, one switch service provider
The Central Bank of Nigeria (CBN) has revoked the licenses of seven Payment Service Providers (PSPs) and one switch service…
FG, Innoson partner on spare parts production
The Federal Government, through the National Agency for Science and Engineering Infrastructure (NASENI), has signed an agreement…
Nigeria’s stock market closes for Christmas with N2bn loss
Nigerian Stock Exchange (NSE) on Thursday reversed its uptrend, dropping by N2 billion ahead of the Christmas celebration.…
NYSC members get business grants in Unity Bank Corpreneurship challenge
Three National Youth Service Corps (NYSC) Batch B, Stream 1(B) members in Lagos have received grants totaling N1 million from…
Consumers ‘ll shun luxury items in next few months – CBN
Most Nigerian consumers are not likely to purchase expensive or luxury items in the next 12 months.
The Central Bank Of Nigeria…
Dangote wins 2020 best company in infrastructure development, CSR award
Pan-African conglomerate, Dangote Group, has been adjudged the best company in Corporate Social Responsibility (CSR) for its…
Dangote Cement, UBA, Zenith Bank sustain NSE rally by N235bn
The nation’s bourse on Tuesday recorded its seventh consecutive gain, appreciating further by N235 billion following buying…
NDIC begins closure Of 42 Microfinance Banks
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the closure of 42 microfinance banks after a directive from the…
Union Bank CEO Emuwa retires, Okonkwo appointed as new MD
The Board of Union Bank Nigeria Plc announces that, after eight years leading the bank, its Chief Executive Officer, Emeka Emuwa,…
Nigerian banks heed CBN directives, migrate to new cheque standards
Nigerian banks are migrating in the New Year, into brand new cheque standards, on the order of the Central Bank of Nigeria (CBN).…