BY: Mohammed Taoheed The African Development Bank (AfDB) has signed a $50 million Line of Credit Agreement with First City Monument Bank (FCMB) in a bid...
Agency reports, The Managing Director of Jaiz Bank, Dr. Sirajo Salisu has disclosed that the bank has disbursed over N1 billion loan facilities to Micro Small...
By Adeleye Kunle The Naira on Monday exchanged N441.25 against the dollar at the Investors and Exporters window, making a slight appreciation. The figure represented a...
Agency Report The National Bureau of Statistics (NBS) has today disclosed in its monthly report that Nigeria’s inflation rate hit 20.77 % in the month of...
Agency Report Justice A. T. Mohammed of the Federal High a former banker, Emeka Okafor, to one-year imprisonment, for forgery and uttering of documents. He was...
BY: Mohammed Taoheed Following the plague of flood in Bayelsa State, filling stations are now hitting a high sum of #415 per litre. Hon. Ogidi Ben...
Adeleye Kunle Reports The Nigerian National Petroleum Company Limited (NNPCL) spent over N13 billion on entertainment for its staff in two years. This is according to...
Agency reports, THE Internet Exchange Point of Nigeria, IXPN, and the Nigerian Network Operators Group, NgNOG, will host the 2022 Nigeria Peering and Interconnection Forum, NgPIF....
Agency Report One of Nigeria’s commercial banks, Polaris Bank, has been criticised for asking Muslim staff not to perform Friday prayers. In a leaked email, one...
Agency Report The revelation was made in the bank’s latest Fiscal Year 2022, which covered July 1, 2021, to June 30, 2022, in the Sanctions System...
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Ibekimi Oriamaja Reports Angola and Libya have maintained their lead over Nigeria as Africa’s top crude oil producers for the second month in a row, according...
By Adeleye Kunle The House of Representatives has directed the Central Bank of Nigeria (CBN) to suspend the planned sales of Polaris Bank. The House also...
Ibekimi Oriamaja Reports The World Bank Group (WBG) and European Union (EU) estimate that Russia’s invasion of Ukraine will cost $349 billion to repair. WBG President...
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately suspend the sale of Polaris Bank Plc. The House said the suspension...
It was recently discovered that for years, about 250,000 barrels of crude oil are daily stolen through pipes laid from Forcados Export Terminal into the sea...
By Adeleye Kunle The International Monetary Fund (IMF) has charged Nigeria to brace up for the effect of climate change and this year’s floods. IMF African...
Agency Report The report endorsed by the Commander of Area G, Lagos, ACP Ibrahim Zungura, said numerous deceitful exchanges were brought out through the account. A...
BY: Mohammed O. Taoheed The Youth for Advocacy Against Corruption (YAAC), a non-governmental forum that preaches good governance across the country, has asked the Central Bank...
Ibekimi Oriamaja Reports Dr. Kayode Fayemi, Governor of Ekiti State, and Abiodun Olujimi, Chairman of the Senate Committee on Aviation, have pledged to work together to...
Ibekimi Oriamaja Reports The Nigerian Organized Private Sector (OPSN) has expressed concern about a proposal by the Federal Ministry of Finance, Budget, and National Planning to...
Adeleye Kunle Reports The timeline for the completion of the Nigeria LNG Limited’s Train-7 project may be under threat following the protracted labour dispute between members...
Wema bank Plc has emerged as the best-performing bank ahead of 12 other banks in the first half of 2022 with a weighted average score of...
Agency Report Bayelsa State Governor, Senator Douye Diri, has described as commendable the resolution of the Nigerian Senate on the Atala Marginal Oilfield owned by the...
Ibekimi Oriamaja Reports The Kogi state panel on the acquisition of the Obajana cement plant says the purported transfer of the facility to Dangote Cement was...
Agency Report No fewer than 26 staffers of Dangote Cement, Obajana were shot by state-backed armed youths who stormed the plant to shut it down on...
…Says it’s in line with presidential order Agency Report THE Senate Thursday ordered the Nigerian Upstream Petroleum Regulatory Commission ( NUPRC ), to restore the Atala...
Adeleye Kunle Reports Investors have been dumping Guaranty Trust Holding Company (GTCO) shares since Ripples Nigeria reported hackers stole customers’ money in Guaranty Trust Bank (GTBank)....
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Agency Report According to Mr. Johnson Amoah, a financial analyst, the Bank of Ghana (BoG) had good reasons for withdrawing the licenses of Heritage Bank and...
Trouble looms as Wema Bank faces a crisis of succession over who becomes its next Chief Executive Officer as Ademola Adebise, is being forced to retire....