Business News
Business and economic news from Nigeria and around the world.
This Is Why Your NHF Contributions Can’t Help You Get A Housing Loan From FMBN?
Here is some useful stats; Federal Mortgage Bank of Nigeria (FMBN) has so far disbursed N39 billion out of...
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Deal: MoneyGram & eTranzact Sign Money Transfer Agreement
MoneyGram International and eTranzact Tuesday signed an agreement to enable PocketMoni customers in Nigeria to receive MoneyGram Money transfers...
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Official: SME’s Can Now Apply For A Bank Loan With A Moveable Asset As Collateral
Nigerian newspapers report generally that the central bank has now approved the use of Moveable Assets as collateral for...
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This Is The Real Reason Why CBN Raised Bank CRR On Public Sector Funds
When the CBN announced a couple of weeks ago that it was increasing bank CRR for public sector funds a...
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How The Government Plans To Spend The Money In Your Dormant Account
This is one of those news that gets lost in the flurry of political gist we hear everyday. The Nation...
Read moreDetailsFinally CBN Is Worried: Only 5 Banks Control Half Of The Entire Nigerian Banking Industry
The CBN is now apparently worried only 5 banks control 50% the entire banking sector in the country as reported...
Read moreDetailsWhy CBN Revoked Operating License Of Express Discount Limited
I guess we have not heard the last of the banking crisis which started in 2009 following the take...
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Promo Alert: Sterling Bank, Jumia Offer Discounts Of Up To 10% For Items Purchased With Debit Cards
Sterling Bank has partnered with Jumia.com.ng, Nigeria’s number one shopping destination to offer customers shopping discounts on its platform....
Read moreDetailsAre We All Guilty? Bank Customers Issued Dud Cheques Worth N166billion In 2012
The Central Bank of Nigeria, CBN, Wednesday, said banks’ customers across the country issue N166 billion worth of dud...
Read moreDetailsCBN Launches Portal Solely Dedicated For Report Of E-Payment Related Frauds
The Central Bank of Nigeria (CBN) has concluded plans to launch a portal solely dedicated for reports of frauds arising...
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