BUSINESS
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Commercial Banks Sealed over N1bn Debt
According to reports, the Enugu State Board of Internal Revenue (BIR) on Monday sealed 36 branches of eight commercial banks…
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CBN expends N19bn for ABP last farming season, says Keystone bank
Keystone Bank says the Central Bank of Nigeria (CBN) paid out N19 billion for the Anchor Borrowers’ Programme (ABP), in the…
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FCMB Group Restructures leadership
FCMB Group Plc has announced the re-organisation of its leadership at the Group level, as well as its flagship company…
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CBN releases new policy actions in the Foreign Exchange Market
The Central Bank of Nigeria has released new policy actions for operations in the Foreign Exchange market. Read the statement…
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Nigerian telecom firms seeks economic relief, relocates NOCs to India
Olusola Teniola, president of the Association of Telecommunications companies of Nigeria (ATCON), have disclosed to Daily Trust that they are relocating…
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Kraft Heinz withdraws $143-billion proposal with Unilever
U.S. food company Kraft Heinz Co withdrew its proposal for a $143-billion merger with larger rival Unilever Plc, the companies…
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Nigeria Drops to Fourth Position as China’s Trade Partner
Trade relations between Nigeria and China dropped last year with Nigeria losing her position as the second largest trading partner…
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GTB Appoint Mobolaji Lawal as Executive Director
The Board of Directors of one of the foremost financial institutions in the country; Guaranty Trust Bank plc, has…
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Cost Of Producing Rice Locally In Nigeria Is Exceedingly High – Dangote
The President of Dangote Groups of Companies, Alhaji Aliko Dangote, says Nigerians consume over 6.5 million tonnes of rice annually,…
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FEC approves N126bn for 12 road projects
The minister of power, works and housing, Babatunde Fashola, while briefing state house correspondents after the FEC meeting disclosed that…
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