Business

Nigerian Govt reveals why it’s seeking fresh $2.5bn World Bank loan

The National Sovereign Wealth Investment Authority, or NSWIA, currently holds the N50 billion Presidential Infrastructure Development Fund, or PIDF, which…

5 months ago

NNPC clears air on N3.3trn subsidy inflation

The Nigerian National Petroleum Company Limited (NNPC Ltd) has said it is shocked by the news that it overstated its…

6 months ago

Dangote has shamed many people by completing refinery – Akpabio

Aliko Dangote, chairman of the Dangote Group, has calmed doubters, according to Senate President Godswill Akpabio, by finishing the 650,000…

6 months ago

BREAKING: Are you a customer with Heritage Bank? NDIC has an important information for you

Depositors at Heritage Bank have been reassured by the Nigerian Deposit Insurance Corporation that there is no need to fear…

6 months ago

CBN reveals stance on banks’ license withdrawals

The Central Bank of Nigeria denied reports that, following the licence revocation of Heritage Bank, it intends to revoke the…

6 months ago

CBN lifts ban on Opay, Moniepoint, two other fintech banks

With immediate effect, the Central Bank of Nigeria, or CBN, has reversed its prohibition on accepting new clients that was…

6 months ago

First Islamic Bank in Nigeria spearheaded by pastor – CBN governor, Cardoso

According to Olayemi Cardoso, governor of the Central Bank of Nigeria, an assistant pastor led the charge in establishing Islamic…

6 months ago

Why the licence of Heritage Bank was revoked – CBN

The Central Bank of Nigeria (CBN) announced that Heritage Bank’s banking licence had been revoked. According to Mrs. Hakama Sidi…

6 months ago

Naira crashes massively against dollar 24 hours after Tinubu’s anniversary

In the foreign currency market, the Naira saw its first significant depreciation versus the dollar 24 hours after President Bola…

6 months ago

There are two types of touts embarrassing Nigeria at airports – Keyamo

Travellers has been reassured by Minister of Aviation Festus Keyamo that touts will be eliminated from Nigeria's international airports. The…

6 months ago