Business & Finance
‘Appropriate action’ Buhari Meets with manufacturers, guarantees maximum access to Forex
President Muhammadu Buhari has assured Nigerian manufacturers that the federal government will take appropriate action to improve access to foreign...
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‘Aiming for development’ Access Bank Plc moves to establish strategic presence in Africa’s major trade centres
Access Bank Plc has revealed that its goals for development in Africa include, among other things, establishing a presence in...
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‘Approved’ Federal Government issues N16.6 billion accrued pension funds for MDA retirees
The federal government has approved the release of N16.67 billion for the payment of accrued pension rights to 2021 retired...
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‘Boosted!’ UBA, Access Bank, others make over N150bn from Naira devaluation
According to data obtained from the financials of Nigeria's five largest banks, the widening disparity between the naira and the...
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‘Regulatory direction’ Stanbic IBTC showcases compliance with CBN’s LDR policy
Stanbic IBTC Bank has stated that it is fully complying with the Central Bank of Nigeria's (CBN) directive that lenders...
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‘Leading’ Ecobank, GTB forerunner for eNaira’s adoption
Customers are currently adopting the eNaira in greater numbers at Ecobank and GTB. The Central Bank of Nigeria (CBN) launched...
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‘Desperate’ Union bank eager to appoint new CEO
The Appointments Committee of the Cabinet (ACC) has authorized the appointment of Atul Kumar Goel, who is currently the Managing...
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‘Change of ownership’ DOLIDOL acquires MOUKA after seemless transition endorsed by DPI
Mouka, Nigeria's biggest mattress, pillow, and other bedding company, recently announced a change of ownership to Dolidol, the Francophone Africa...
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‘Plummeted’ Bitcoin drops $3,600, over 129,600 investors forced to liquidate holdings
Bitcoin, the world's most valuable cryptocurrency by market capitalization, dropped over $3K as it traded at its $48K support level,...
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‘Revealed!’ Lists of billionaires that lost $152 billion in 2021
2021 has been a year of ups and downs, bringing both the smooth and difficult sides of life. The year...
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