BUSINESS
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We lost N50 billion to ‘flexible exchange’ policy – Dangote
Dangote Group President Aliko Dangote over the weekend said that his company lost N50 billion to the flexible foreign exchange policy.…
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Stanbic IBTC Wins Best Sub-Custodian In Nigeria
Stanbic IBTC has been named the “Best Sub-custodian” in Nigeria for 2016 by Global Finance magazine. The London-based Global Finance…
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UBA Introduces The New PayAttitude Tag
United Bank of Africa, UBA, has refreshed its PayAttitude tag design with the introduction of a new branded tag. The…
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Jumia Expands Services Across Africa
Africa Internet Group is today connecting its companies into Jumia’s (www.JUMIA.com.ng) ecosystem with a new vision, “Expand your horizons”. The new…
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Investors Stream Back To Nigerian Markets After Naira Devaluation
The Nigerian Stock Exchange (NSE) has rallied for three straight days after the country’s central banks introduced a free floating…
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Senator Ben Murray-Bruce Reacts to AMCON Take Over; Says Tough times don’t last
The Asset Management Corporation of Nigeria on Thursday morning sealed the Abuja premises of Silverbird Galleria belonging to Senator Ben…
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CBN Certifies Wema Bank As Forex Primary Dealer
Wema Bank Plc has been appointed as one of the Primary Dealers in Foreign Exchange Inter-Bank Market (FXPDs) by the…
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Dangote Loses $3.7bn On Plunging Naira
Africa’s richest man, Aliko Dangote, fell 25 places on the Bloomberg Billionaires Index as the naira tumbled on its first day…
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See 13 Commercial Banks That Posted N118billion Profit Before Tax in Three Months
A total of thirteen Deposit Money Banks, DMBs, in Nigeria have announced N118 billion Profit Before Tax, PBT, in the first…
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CBN Loans to Commercial Banks Rise at 173% to N281billion
The volume of loan from the Central Bank of Nigeria, CBN, to commercial banks in the country, jumped sharply last…
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