BUSINESS
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NCDMB to introduce changes to enhance Nigerian Content Fund
The Nigerian Content Development and Monitoring Board (NCDMB) plans to introduce some changes that will enhance the Nigerian Content Intervention…
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NCDMB hosts Uganda Energy Officials, shares local content experiences
The Nigerian Content Development and Monitoring Board (NCDMB) hosted key officials of the Uganda National Oil Company (UNOC) on Monday…
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Desperate customers throng Heritage Bank for payment
Desperate customers of the liquidated Heritage Bank Plc gathered at the bank’s headquarters in Lagos on Wednesday, to seek clarification…
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Fidelity Bank to raise N127.1bn through rights issue, public offer
Fidelity Bank Plc says it has concluded plans to raise N127.1 billion by way of rights issue to existing shareholders…
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Clean energy: UK supports 3 Nigerian companies with $17m
Three Nigeria’s companies have received 17 million dollars UK investment boost support in the clean energy sector. Ndidiamaka Eze, Senior…
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Fake News: CBN has plans to revoke licences of more banks
The Central Bank of Nigeria (CBN) says it has no plan to revoke the licences of more Deposit Money Banks…
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Heritage Bank: Economist says acquisition better option, not revocation
An economist, Prof. Evans Osabuohien, says acquiring Heritage Bank by another investor would have been a better option than outright…
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Market capitalisation sheds N38bn as investors sell off banking stocks
Sell-offs in Tier-one banking stocks on Tuesday extended losses on the Nigerian Exchange Ltd. (NGX) stock market capitalisation by 0.07…
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Cardoso says strengthening national capacities for debt management crucial for govt’s funding needs
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says strengthening national capacities for debt management is…
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Afreximbank, APPO sign Establishment Agreement, Charter of Africa Energy Bank
The African Export-Import Bank (Afreximbank) and Africa Petroleum Producers’ Organisation (APPO) have signed the Establishment Agreement and the Charter of…
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