OML 118: NNPC signs deep-water agreement to unlock $10bn investments The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract partners have executed...
SEC considers sacking senior workers as staff gulp 80% cost The Securities and Exchange Commission (SEC) has said it is considering reducing its workforce...
Stocks remain depressed as 1.2% losses in GUARANTY burdens market Profit-taking continued on Tuesday in the domestic equities market, with Tier I Banking stock...
By Emmanuel Okoegwale (emmanuel@mobilemoneyafrica.com) In furtherance to enhance access to basic financial services for underserved and unbanked segments of the society, the Central Bank of Nigeria...
Nigeria set to get six fighter jets in August —Emefiele The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has disclosed that...
UBA Group appoints Caroline Anyanwu as new board member United Bank for Africa (UBA), the leading pan-African financial services institution, has announced the appointment...
Q1 2021: Cornerstone Insurance grows profit 39% to N688m despite paying N1.63bn claim Despite paying higher claims totaling N1.63 million in the first quarter...
Crypto’ll have a place in Nigeria, Emefiele promises During the 279th MPR meeting held today in Abuja, the CBN Governor, Godwin Emefiele assured Nigerians that...
MPC retains MPR at 11.5%, other parameters unchanged The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to...
CBN reviews capital base for payment firms The Central Bank of Nigeria (CBN) has set new capital requirements for payment firms in the country....
FG releases N5bn aviation bailout, N21bn balance remaining Bans 22-year old aircraft in Nigeria The Permanent Secretary, Federal Ministry of Aviation, Hassan Musa on...
Global aviation stunned by Belarus jetliner diversion By Agency Report The United Nations’ aviation agency said it was “strongly concerned” by the apparent forced landing of a...
Global green bonds hit $1.1tn, says report A report by Climate Bonds Initiative, an international non-profit organisation dedicated to climate change solutions and promoting...
BoI disbursed N3.7bn to 300,011 N-Power beneficiaries, others in 2020 The Bank of Industry (BoI) has said it disbursed N3.7 billion to beneficiaries of...
FirstBank wins 3 awards at Global Banking & Finance Awards First Bank of Nigeria Limited, has been awarded the 2021 ‘’Retail Banking CEO of...
11Plc shareholders approve N3.06bn dividend payment Shareholders of 11Plc, a downstream oil and gas company, have approved the dividend payment of N3.06bn for the...
FMDQ admits N115bn bond of BUA Cement FMDQ Securities Exchange Limited has announced the admission of the BUA Cement Plc N115bn Series 1 Fixed...
Wheat importers to spend $1.29bn despite forex restriction Despite foreign exchange restriction by the Federal Government and fall in price, Nigerian importers will still...
IMF Board concludes 2021 surveillance review The Executive Board of the International Monetary Fund (IMF) has concluded a comprehensive review of the Fund’s surveillance...
Q1 2021: Nigeria’s GDP grows 0.51% on N4.36trn nominal expansion Nigeria’s Gross Domestic Product grew by 0.51% (year-on-year) in real terms in the first quarter of...
