The Board of United Bank for Africa Plc (UBA) Monday named Mr. Tony O. Elumelu, C.O.N. as Chairman to succeed Ambassador Joe…
Economy
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The Federal Government and the Financial Regulatory Authority may tap into the G-20 proposal that will require the top banks in the…
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BusinessEconomyFinanceNewsStock Market
AMCON to sell off shares as stock market recovers N8.5 trn in 5 yrs
THE Asset Management Corporation of Nigeria, AMCON may have begun to offload some of the shares it acquired from the non-performing loans…
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Maya looked on admiringly as the shark swam majestically. Then it turned and started swimming towards her. The shark’s eyes locked with…
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The Central Bank of Nigeria (CBN) has noted some public comments on its recent circular in respect of fees/charges on the extended…
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Nigeria’s total debt stock has again risen to a very high level of N10.4 trillion as at June 2014. The rising debt…
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The world’s worst-ever outbreak of Ebola will inflict economic damage on the West African countries of Guinea, Liberia and Sierra Leone as…
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BusinessEconomyFinanceNews
New requirement for BDCs: CBN’s silence occasions apprehension in forex market * 2,385 BDCs meet new requirements
There is widespread apprehension in the foreign exchange market following the continued silence of the Central Bank of Nigeria (CBN) on the…
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The Central Bank of Nigeria, CBN has given banks operating in the country up to December 31, 2014 to achieve “Highly Secured…
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International oil companies IOC, operating in Nigeria are frustrating government efforts at achieving local content in the oil and gas industry. Manipulations…
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Nigeria and the United States have commenced plans to leverage on US President Barack Obama’s $14bn investment pledge in Africa, for an…
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The just concluded gathering of business leaders and policy makers from the United States and Africa is being described by as a…
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The Federal Government and Central Bank of Nigeria (CBN) have been urged to disburse the N220 billion micro businesses intervention fund through…
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BusinessEconomyIndustryNews
Ceramic market projected to reach US$408b by 2018 globally -EPINA ……set to hold 1st ceramic trade fair
Epina Technologies Limited, has disclosed that, globally, ceramics market has been projected to reach US$408 billion by 2018 and that Nigeria currently…
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BusinessEconomyFinanceNews
Zenith, Access, Wema and Fidelity raise staff pay as First Bank, GTbank cut
Three out of the 23 banks in the country reduced staff salaries last year while four others increased the average pay package…