Nigeria’s biggest lender Access Bank has agreed to buy a majority stake in African Banking Corporation of Botswana for cash, a month after acquiring a South...
How Nigeria prevents N22.45bn capital flights on IT – NITDA DG The Federal Government has saved over N22.45bn through the enforcement of the guideline...
FIFA disapproves of Super League —Infantino FIFA president Gianni Infantino said on Tuesday there is “no doubt whatsoever” that football’s world governing body “disapproves”...
Hard time beckons as FG admits revenues crashing The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Monday admitted that Nigeria’s economy was...
FirstBank launches a new corporate website FirstBank of Nigeria Limited has announced the launch of its newly designed website at https://www.firstbanknigeria.com/. According to the leading...
Dangote commits $700m to sugar production The management of Dangote Sugar Refinery Plc has said it is committing over $700m to its sugar projects to support...
Zoom launches $100 million Zoom Apps fund for developers Zoom is launching a $100 million venture fund that’s meant to spur growth in the...
Analysts forecast inflation to print higher rate in April By Olamide Onabanjo Following release of purchasing manager index (PMI) report on Thursday which revealed...
CBN to impose forex restriction on wheat, sugar importation The Central Bank of Nigeria (CBN) is set to impose forex restrictions on the importation...
Investors lose N33bn as bears reclaim NGX floor Negative sentiments resurfaced in the local bourse on Thursday as bears displaced by the bulls the...
To sanction operators frustrating e-dividend The Securities and Exchange Commission has stated that it will continue to engage players in the Fintech space and...
Overnight rate expands on CBN’s OMO auction The overnight lending rate expanded by 275bps to 15.0%, following outflows for CBN’s weekly OMO auction. The...
By FBNQuest Research Negligible changes to our EPS forecasts over the ’21-22f period DangCem delivered strong Q4 ’20 results with earnings up +55% y/y to N86.8bn....
FirstBank convenes webinar on information security Friday FirstBank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has announced a webinar to sensitise individuals...
JUST IN: FG terminates ban on new SIM card activation Federal Government of Nigeria has approved the activation of new SIM Card with mandatory National Identification...
NCC sets new rules for collocation and infrastructure sharing The Nigerian Communications Commission (NCC) has released fresh guidelines bounding on access provider for rejecting...
Inflation rises for 19th consecutive months as food prices remain the culprit The latest inflation data released today by the National Bureau of Statistics...
Recapitalisation drive pushes Microfinance banks’ assets to N856.3bn The total assets of the microfinance banks rose by N97.32bn from N758.98 billion as of the...
BDCs process N1trn annual deals, says Gwadabe The Association of Bureaux de Change Operators of Nigeria (ABCON) has said that its annual turnover is...