BUSINESS
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CBN clears all valid fx transactions, eliminates legacy backlog
The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs have now been settled. This is according to…
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Access Bank moves to acquire National Bank of Kenya
Access Holdings Plc says its subsidiary, Access Bank Plc, is in the process of acquiring the entire issued share capital…
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Profit-taking drags market capitalisation down by N168bn
The market capitalisation of the Nigerian Exchange Ltd. (NGX), on Wednesday, further declined by N168 billion or 0.28 per cent,…
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Mele Kyari advocates differentiated energy transition for Africa, plans FID on Nigeria Morocco gas pipeline in December
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC) Ltd. Mr. Mele Kyari has advocated for a…
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Customs inaugurates operators programme to enhance trade
The Nigeria Customs Service (NCS) has inaugurated an Authorised Economic Operators (AEO) programme to enhance efficiency and predictability of trade in the…
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Islamic Development Bank approves $125m loan for Abia – Gov. Otti
Gov. Alex Otti of Abia says the Islamic Development Bank (IDB) has approved a loan of $125m, to finance some…
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Adaora Umeoji appointed first female GMD/CEO of Zenith Bank
Zenith Bank Plc on Tuesday announced the appointment of Dr Adaora Umeoji as its Group Managing Director/Chief Executive Officer (CEO),…
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NGX: Sell-offs in MTN, TransPower, others lead to 0.11% decline
The stock market on Tuesday declined further by 11 per cent, due to sell-offs in stocks of MTN Nigeria, Transnational…
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Japan’s central bank ends years-long negative interest rate policy
The Japanese central bank has on Tuesday decided to end its years-long negative interest rate policy. Following a two-day meeting,…
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Unilever announces plans to cut 7,500 jobs globally
Consumer goods giant Unilever has announced plans to cut around 7,500 jobs globally as part of an overhaul aimed at…
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