Business News

NDLEA proposes mandatory drug integrity tests for drivers seeking licences

Sundry Markets explains temporary closure of Benin Market Square outlet

Angola bids for minority stake in De Beers

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Business News

Business and economic news from Nigeria and around the world.

NCDC says Nigeria is at high risk of Ebola

Ebola: NCAA warns Airline operators to be on the alert

by Joseph Olaoluwa

The Nigerian Civil Aviation Authority (NCAA) has directed all international and regional airlines to prevent the resurgence of the Ebola Virus...

Fintechs to Drive CBN’s Financial Inclusion Target

by CSL Stockbrokers

The Apex bank raised Nigeria's financial inclusion target to 95% from 80% set in 2012 and extended the target year...

Here are 10 ways you can earn an extra N50,000 every month

by Nairametrics

Many of us find ourselves struggling to augment our monthly regular take homes. What if there are other things we...

CBN, Key lending rate, CBN to boost creative industry with N22 billion , CBN increases LDR to 65%, sets December deadline, External reserves drop by $3.2 billion in Q3’19 , Banks' loans to Oil and Gas, Power, other sectors drop by N411.8 billion

CBN orders banks to start sending “Key Fact Statement” to borrowers

by Damilare Famuyiwa

The Central Bank of Nigeria (CBN) has directed commercial banks to provide Key Fact Statement (KFS), giving a summary of key information...

Access to credit facility is a global problem for SMEs – CWG CEO

by Fakoyejo Olalekan

Nigeria is not the only country where Small and Medium Enterprises (SMEs) experience difficulty accessing credit facility. According to the Acting...

NAICOM to ban borrowing for recapitalisation as foreigners takeover insurance market

by Fakoyejo Olalekan

The Director, Policy & Regulation, Directorate of the National Insurance Commission (NAICOM), Pius Agboola, has hinted that Insurance Companies would...

FG to establish Infrastructure company for critical investments in projects, Survival Fund: FG changes website due to operational challenges, FG orders Nigerians with bank accounts to fill, submit Self-Certification forms, Buhari orders payment of stranded NDDC scholarship students, commision gives reason for delay, President Buhari Democracy Day speech

President Buhari orders CBN to stop FOREX for food importation

by Bamidele Samuel Adesoji

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to stop Foreign Exchange (FOREX) for the importation of...

TCN ready to waive Discos' N270 billion debt, TCN want Discos to recapitalise, Discos investment in power sector, National Union of Electricity Employees, Gencos want Discos’ job as it seeks to sell electricity directly to customers , Nigeria, Canada to ink new $2.3b power deal , ABEDC's investors divided over $41 million contract breach, Nationwide strike: Electricity workers meet with FG, as NECA fears lose-lose situation

AfCFTA under threat of poor power supply as TCN MD proffers solution.

by Fakoyejo Olalekan

August 13, 2019

The Managing Director of the Transmission Company of Nigeria (TCN), Usman Mohammed, has disclosed what should be done to solve...

As Fidelity Bank Remains Investors’ Toast

Ahead of CBN’s policy implementation, Fidelity Bank’s LDR hits 80%

by Damilare Famuyiwa

August 13, 2019

As the deadline set by the Central Bank of Nigeria (CBN) for the commencement of the new directive on Loan...

First Bank Nigeria, First Bank branches in Nigeria, First Bank revenue, First Bank financial statement, PTA and BTA will only be paid into Travel Card.- First bank