O&O Networks Limited, Special purpose vehicle owned by the Ecobank Group says contrary to certain media reports, there is no forfeiture order…
Category:
News
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The African Export-Import Bank (Afreximbank) says ‘factoring’, a form of financial transaction, is a viable and sustainable solution that will address access to finance…
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Nigeria potentially faces the largest financial liability in its history, and a hedge fund is coming to collect. The legal and political…
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EconomyFinanceNews
CBN, EFCC meet to tackle economic crimes, may bar culprits from opening bank accounts in Nigeria
Officials of the Central Bank of Nigeria (CBN) and their counterparts in the Economic and Financial Crimes Commission (EFCC) met on Thursday, March 7, 2019, with…
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The Fisheries Cooperative Federation of Nigeria (FCFN) has appealed to the Central Bank of Nigeria (CBN) to include fisheries in its Anchor…
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President Donald Trump’s global trade offensive has posted a resounding failure with government data showing America’s trade deficit in 2018 hitting the…
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Efforts to bridge gender gap in Edo State has received a boost as 54,000 women from the three senatorial districts are set to…
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The Nigerian Stock Exchange (NSE) extended loses for the second consecutive day with crucial market indices dropping further amid profit taking. Losses…
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BusinessEconomyNews
BPE sets up four committee to look into challenges confronting privatised companies
In its determination to ensure that privatised enterprises in the country provide dividends to the citizenry in line with the privatisation policy…
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AgricultureEconomyFinanceNews
CBN’s NIRSAL Microfinance Bank initiative takes off, to be set up in 774 LGs
The Central Bank of Nigeria CBN’s new initiative of driving financial inclusion through micro finance bank has taken off. The initiative which…
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The department of Telecommunications and Information Technologies, TIT, of the commission of the Economic Community of West African States, ECOWAS, commenced a…
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Nestlé Nigeria Plc has posted a revenue of N 266.3 billion recording a growth of 9.1 per cent over the previous year.…
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The Edo State Joint Account and Allocation Committee (JAAC) has declared N2,769,964,452 as total allocation that accrued to the 18 Local Government…
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In commemoration of 2019 World Wildlife Day, the United States Consulate General in Lagos held a program in collaboration with the International…
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BusinessEconomyNews
PEBEC begins national action plan on ease of doing business to reduce challenges faced by SMEs, businesses
Presidency has said that in line with the commitment to deliver reforms aimed at improving the enabling environment for doing business in…