CBN disburses N540 million to farmers
A sector by sector analysis of the loan disbursement showed that food crops obtained the largest share of the total,...
Nigeria’s largest carrier Air Peace sacks 70 pilots
In a statement, Air Peace blamed the disengagement of the pilots on the unexpected impact of the COVID-19 pandemic on...
First Bank sells insurance unit for N25bn, injects proceeds into lending business
FBN Holdings Chief Executive Officer Urum Kalu Eke said the group wanted to focus on improving shareholder value with the...
Dangote Cement presents 82 brand new trucks to distributors
The trucks were presented under their Truck Empowerment Scheme, where distributors pay for the trucks on a 50-month installment basis.
BREAKING! Retail giant Shoprite to pull out of Nigeria
Shoprite to initiate a formal process to end Nigerian operations The Nigerian subsidiary of South Africa's retail giant Shoprite is...
CBN policy allowing banks to debit loan defaulters’ accounts in any bank without permission takes effect August 1
The policy, which targets loan defaulters, allows your Bank to recover the outstanding principal and interest upon default from any/all...
Nigeria to comply with OPEC’s 1.412M bpd output quota – Sylva
OPEC has assigned Nigeria 1.412 million barrels per day output quota for May, June and July and it will comply...
Unity Bank posts N22.8 billion gross earnings in half-year 2020, records 7% growth in PAT
Unity Bank’s half-year report also showed a huge boost in asset, which saw a 48 per cent growth to N445.95...
SHAME! Nigerian students on NDDC scholarship now beggars in the UK
Dabiri-Erewa asked the NDDC to "as a matter of urgency intervene by promptly paying the allowances, tuition and other incentives...
Report reveals why Osinbajo’s helicopter crashed in 2019
AIB has now revealed that the Osinbajo's helicopter crash was caused by poor handling technique deployed by the pilot.
