Monday, 06 April, 2020

Category: Finance


The Nigerian Naira plunged further in value on Monday March 30, as it exchanged at N412 for a dollar following a Read more…


The Finance Minister, Zainab Ahmed, on Monday, stated that President Muhammadu Buhari has allowed skeletal operations in the financial system Read more…


Deposit Money Banks (DMBs) have advised their customers to use alternative digital channels for their transactions. Ecobank Nigeria Limited, Wema Read more…


The Minister of Finance, Budget and National Planning, Zainab Ahmed has announced that the federal government has suspended its $22.7bn external borrowing Read more…


Nigeria’s currency, Naira, crashed in value on Thursday selling for N405 and N420 to a dollar The development was created Read more…


Fidelity Bank Plc has expanded the scope of the Fidelity Youth Empowerment Academy (YEA) to accommodate new areas of vocational Read more…


Over 100 tonnes of bad Naira notes are generated as wastes and destroyed weekly, the Central Bank of Nigeria has Read more…


The Central Bank of Nigeria has scrambled a denial to a media report that the federal government sued many of Read more…


Chairman of West Africa’s leading airline, Air Peace, Mr Allen Onyema, has said that the motivation behind the establishment of Read more…


With the recent launch of expansion joint venture between Air France, KLM, Delta and Virgin Atlantic, Nigerians travelling between Europe, Read more…


Hundreds of the Federal Airports Authority of Nigeria (FAAN) workers, under the supervision of the four aviation unions, besieged the Read more…


The Central Bank of Nigeria (CBN) Friday sent a cautionary note to the Federal Government in respect of the rising Read more…


President Muhammadu Buhari has nominated Dr Kingsley Obiora as a Deputy Governor of the Central Bank of Nigeria (CBN). If Read more…


The President, Major General Muhammadu Buhari (retd.), has nominated Dr Kingsley Obiora as Deputy Governor of the Central Bank of Read more…


The Minister of Finance, Budget and National Planning, Zainab Ahmed on Monday restated Federal Government’s plan to pull 100 million Read more…


Global stock markets powered ahead Thursday as investors welcomed 2020 with a raft of strong gains after China’s central bank Read more…


The Lagos State Governor, Mr. Babajide Sanwo-Olu yesterday signed into law, the 2020 budget of N1.168 trillion. The N1.168, 561, Read more…


The Federal Government has confirmed the disengagement of 25 ambassadors and heads of missions, just after a notice was issued to the Read more…


The Zamfara State government has said it has suspended three directors and five officials of the state Ministry of Finance Read more…


CHECK OUT WHAT YOUR LGA EARNED JAN-NOV 2019 HERE👇👇 Allocation FAAC to 774 #LGAs – By State. ABIA, Aba North: Read more…


The Central Bank of Nigeria (CBN) has clarified the issue of payments of N50 charges by merchants who use Point Read more…


  Ekiti State Commissioner of Police, Mr Asuquo Amba, said on Friday that the Inspector General of Police, Mohammed Adamu, Read more…


The Mongolian parliament on Friday appointed Byadran Lkhagvasuren as the new governor of the Bank of Mongolia, the country’s central Read more…


Without prior notice, first Bank of Nigeria sacked contract staff across the 36 States of Nigeria. The bank has claimed Read more…


Aliko Dangote, Africa’s richest man, has revealed that he would donate all his wealth to charity before he passes on. Read more…


The Nigerian subsidiary of pan-African Insurance giant and leading global financial services group, Old Mutual Limited (OML), has announced the Read more…


Access Bank Plc on Tuesday announced the resignation of Dr. Ernest Ndukwe as an independent Non-Executive Director from its board. Read more…


As part of its mandate at ensuring adequate protection of insurance consumers in Nigeria, the National Insurance Commission (NAICOM) and Read more…


About 28,000 Nigerians from the informal sector have been enrolled into the micro pension scheme, since the scheme was launched Read more…


President Muhammadu Buhari on Thursday in Riyadh accepted an invitation from the Saudi Crown Prince, Mohammed bin Salman, for the Read more…


One of the leading commercial banks in the country, Zenith Bank Plc has launched a new loan scheme targeted at Read more…


In a bid to protect shareholders’ fund, the National Insurance Commission (NAICOM) has directed insurance companies to deposit their recapitalization Read more…


Consolidated Hallmark Insurance Plc has renewed its Group Personal Accident Insurance cover worth N24 million for insurance journalists in the Read more…


Ms Sadiya Farouq, Minister of Humanitarian Affairs, Disaster Management and Social Development expressed the resolve of the Federal Government to Read more…


Amazon founder and CEO Jeff Bezos, has reclaimed the World’s Richest Man title few hours after losing the spot to Microsoft co-founder Read more…


The combined yield efficiency of Nigeria’s refineries has crashed to zero, the latest report on the performance of the facilities Read more…


  ANAMBRA State Government has approved an increase in allowances of National Youth Service Corps (NYSC) members serving in hard-to-reach Read more…


Days after the Debt Management Office announced that Nigeria’s total public debt rose by N3.32trn in 12 months to N25.7trn Read more…


The Federal Executive Council (FEC) on Wednesday approved April 18, 2019, as the effective date of the new national minimum wage of Read more…

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