Business

CEO of the Nigeria Economic Summit Group (NESG), Mr. Laoye Jaiyeola, has classified saving in Naira as a futile exercise...

‘Harsh terms’ Do not patronize loan sharks, Emefiele warns

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has encouraged Nigerians to avoid loan sharks because doing...

‘Moderate improvement’ Ecobank Nigeria improves in profitability, Fitch submits

Ecobank Nigeria is likely to see a small increase in profitability, according to Fitch Ratings, a well-known rating firm. The...

Tourism

‘Center for research’ FG inaugurates NYSC museum, wants it included in national monuments

The Federal Government on Tuesday in Abuja inaugurated the National Youth Service Corps museum, saying it would serve as a...

‘Proceedings’ Trial of Nadabo Energy’s boss over alleged N1.4 billion fraud deferred till March 1

The trial of Abubakar Peters and his company, Nadabo Energy Limited, in the Lagos State High Court in Ikeja for...

‘Benchmark’ MPC keeps its monetary policy unchanged, maintains interest rate at 11.5 percent

The Central Bank of Nigeria's Monetary Policy Committee unanimously decided to hold the benchmark interest rate at 11.5 percent while...

‘Fast track’ IFC provides $15 million loan to GTBank

Guaranty Trust Bank (Kenya) Limited, a subsidiary of the Guaranty Trust Group, has received a $15 million loan from the...

‘Nigeria’s largest storage facility’ Stanbic IBTC commended over Ardova’s LPG project

by Freelanews

AP LPG terminal, a fully owned subsidiary of Ardova PLC, on Wednesday, 19 January 2022, performed the groundbreaking ceremony for...

‘Low credit development’ Banks’ operations harmed by N1.3 trillion NPLs, recovery challenges

January 24, 2022

As the banking sector's non-performing loans (NPLs) reached N1.3 trillion in November, lenders are sounding the alarm that the massive...

‘World’s 8th wonder’ Otedola pays visit to Dangote Petrochemical Plant