Diamond Bank debut Diamond Gem Zone in a bid to repay customers’ loyalty
Diamond bank has unveiled a new loyalty program called the Diamond Gem Loyalty program.
Kachikwu Tells The World NNPC Will ‘IPO’ In 2018
The Media loving Minister for Petroleum today told reporters in Abu Dhabi that the NNPC will have its first initial public offering (IPO) in...
Dangote plans to invest Up to $50 Billion in U.S., Europe
In an interview with Bloomberg Market Magazine this month, Aliko Dangote revealed his intention to invest $20 billion to $50 billion in the U.S....
Nigeria Raises N136 billion In Treasury Bills
Nigeria sold N136.24 billion ($684.67 million) in Treasury bills with maturities from three months to one year at its first auction of the year...
Cadbury Nigeria Plc to pay final dividend for 2018 financial year
After reporting a profit after tax of N823 million in FY 2018, Cadbury Nigeria Plc declared a final dividend of N0.25 kobo per N0.50 kobo ordinary share.
Here’s How Much Federal, States And LGs Shared In May
The Permanent Secretary, Ministry of Finance, Mrs Anastasia Nwaobia, this week said that N409.3 billion was shared among the Federal, States and Local Governments,...
President Buhari Will Hold First Presidential Media Chat Wednesday
President Muhammadu Buhari will hold his maiden media chat on Wednesday at the State House, Abuja. The chat is slated for 7pm.
According to sources,...
Official: Again, Oando Extends Conoco Phillips Deal To June 30, 2014
Oando Energy Resources released this statement confirming a 60 day extension of the acquisition of the COP Nigerian upstream asset.
CALGARY, ALBERTA April 30, 2014...
Shell expects more barrels of product from Niger Delta project by 2019
Royal Dutch Shell, through its Nigerian subsidiary, Shell Petroleum Development Company (SPDC), announced on Wednesday that it has commenced gas production from the second...
FG and World Bank Earmark $100m To Aid Girl-Child Education in The North
The World Bank has announced that it will partner with the Federal Government by setting aside N1.9 billion ($100 million) to tackle girl-child education...
Official: SME’s Can Now Apply For A Bank Loan With A Moveable Asset As...
Nigerian newspapers report generally that the central bank has now approved the use of Moveable Assets as collateral for obtaining loans. According to The...
This Is How Mobil Shareholders Can Reap A Staggering 129% Profit On Their Shares
Not a bad deal by any means
UBA has stopped these transactions on its ATM cards
UBA Plc, one of Nigeria’s tier one banks recently sent an email to its customers informing them of restriction in the use of its...
Fortune Magazine ranks Dangote on World’s Greatest Leaders for 2019
Africa's richest man, Aliko Dangote, has made a debut appearance on Fortune Magazine, as the 11th greatest leader in world this year.
TICAD7: Digital Agriculture next frontier for economic development in Africa
“The Digital Africa 2020 and Japanese investment Panel: Creating markets to digitize Africa" was jointly organised by the International Finance Corporation (IFC) and the African Development Bank.
Unilever Nigeria Plc announces close period ahead of Q3 2019 results
The Board of Directors of Unilever Nigeria Plc has announced that the company would observe the close period of trading from October 8, 2019
Kaduna State, Dangote Others Set To Acquire Peugeot Nigeria
Plans are in top gear for Kaduna State Government, Dangote Group and the Bank of Industry (BOI) to acquire majority shares of Kaduna based...
Google fined N613.1bn for AdSense clauses
The company has been accused of using its market dominance to dictate the activities of rival online search advertisers such as Yahoo.
Resort Savings and Loans secures $250 million finance from Milost Global
In a notice sent to the Nigerian Stock Exchange (NSE), Resort Savings and Loans announced a financing agreement with Milost Global, a private equity firm.
As...
These Are The 3 Areas Nigerian CFO’s Will Be Investing In
Financial advisory and audit firm, KPMG has released partial results of a survey on the outlook of the Nigerian economy for 2016 from the...
Dangote Group sheds more light on Apapa-Oworonshoki road contract
The Dangote group has denied allegations that it had been given a 10 year tax holiday for reconstructing the Apapa Oworonshoki expressway. Group Executive...
Nigeria’s Harsh Economy Has Just Made Tiger Brands Change Strategy
Newly appointed Chief Executive Officer (CEO) of South Africa’s biggest consumer foods maker Tiger Brands; Lawrence MacDougall, has said that the company would review...
ETI records gross earnings of ₦763 billion in 2017
Ecobank Trans International today released its financial statements for the year ended December 2017. Gross Earnings in Naira increased from ₦665 billion in 2016...
FBNH Completes Sale Of FBN Microfinance Bank To Botswana Based Letshego Holding
FBNH has finally completed the sale of FBN Microfinance Bank to Letshego Holdings a Botswana based Financial Institution
...
AMCON Now Owes CBN N6.1 trillion Up From N2.1 trillion in 2009. Report Suggest...
Article Summary
1. Nigeria’s bonds acquired by the Central Bank of Nigeria has raised the central bank’s liabilities from N2.1tn in 2009 to N6.1tn in...
Jim Ovia steps up PR in anticipation of new book
The Zenith Bank Chairman also spoke about some of the challenges he faced back in 1990.
Capital Controls? CBN Stops Bank from Selling Dollars (Bought from CBN) To Anyone Except...
Nigeria banned banks on Friday from reselling dollars bought at a currency auction to other banks, dealers said, a move aimed at curbing speculation...
Glo signs MOU with Huawei on broadband penetration in Nigeria
Globacom limited has announced the signing of a Memorandum of Understanding MOU with Huawei for the construction of Glo 2 submarine optic fiber cable.
According...
AMCON Has Taken Over These 3 Firms Linked to Arik Boss
Nairametrics| Rockson Engineering Limited, Ojemai Investment Limited and Ojemai Farms, have been taken over by AMCON, according to the Head of Corporate Communications, Mr....
CBN Increases Borrowing Cap To 125% of Shareholders’ Funds
This should make the banks happy