EXCLUSIVE: Obinna Anyaegbu surprisingly wants to buy Chisco Transport from his father; here’s why
Chisco Express is committed to supporting African companies and hopes to lift 20 million Africans out of poverty.
CBN set to punish exporters who refuse to repatriate export proceeds to Nigeria
The CBN has directed banks to submit details of all the exporters who have failed to repatriate their export proceeds.
CBN urges banks to ‘support’ media, aviation industries to avert growing job losses
The media and aviation sectors are among the hardest hit by the pandemic, hence CBN's call.
Outrage on Twitter as DStv increases subscription fees amid COVID-19 pandemic
Thousands of Nigerians have reacted to this development on Twitter.
Airtel is partnering Standard Chartered Bank as it expands its fintech business
The partnership will enable Airtel to provide increased access to mobile money services to customers.
FBN Holdings announces N25 billion capital injection into FirstBank
The fresh equity capital injection is coming on the heels of FBN Holdings' recent divestment from FBN Insurance.
Shoprite Nigeria is worth at least N25 billion
N25.6 billion price tag is only reflective of what Shoprite Nigeria's operations is worth on paper.
Nigerian banks have written off N1.9 trillion impaired loans in past 4 years
The COVID-19 pandemic has presented a new threat to Nigerian banks.
Cornerstone Insurance to issue bonus shares in view of recapitalisation
The bonus share issuance is subject to shareholders' approval during the company's next Annual General Meeting.
Africa Prudential suffers revenue drop as Covid-19 bites contracts business
The company's interest income grew by 12.45% to N1.28 billion as against N1.14 billion in H1 2019.
