UBA, Stanbic IBTC’s Impairment Charges Hit N47.5bn United Bank for Africa Plc and Stanbic IBTC Holdings Plc have set aside N47.48 billion to cover bad loans...
CBN Declares Tomorrow Financial Literacy Day As Nigeria joins the rest of the world to mark this year’s Global Money Week, the Central Bank of Nigeria...
NSE Foreign Investment Inflows Drop to N16.10bn The Foreign Portfolio Investment inflows on the Nigerian Stock Exchange dropped to N16.10bn in February as against N22.61bn recorded...
States’ Debt Rises to N3.3tn, Says NEITI The Nigeria Extractive Industries Transparency Initiative on Tuesday said the debt burden of the 36 states of the federation...
DMO and Strategy for Economic Recovery Perhaps at no time in the history of Nigeria has the federal government come under such intense pressure to deliver...
Irish Musician Acquires Nigerian Firm for $80m A private equity firm with interest in agriculture and technology, 8 Miles, on Tuesday acquired minority stakes worth about...
FCMB Expands Operations First City Monument Bank (FCMB) Limited said it has opened two additional branches in Lagos and Ogun states. The bank in a statement,...
W’Bank Board Meets on Nigeria’s $150m Mining Loan Request The Board of Governors of the World Bank is currently meeting to discuss the $150m loan that...
2016 Budget Expires May 5, Says Senate The 2016 budget will expire midnight May 5, 2017, it was learnt yesterday. Chairman, Senate Committee on Appropriation, Senator...
Ambode Unveils TBS Bus Terminus Lagos State Governor Akinwunmi Ambode has unveiled plans to regenerate Lagos Island to become a hub of tourism, entertainment and transportation....