CBN Governor Calls For Sustainable Means of Increasing Foreign Exchange
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has called on stakeholders in the export value chains to come up with constructive and innovative suggestions towards exploring the…
FIRSTBANK Secures $150million Afreximbank Pandemic Trade Impact Mitigation Facility to support businesses in Nigeria
African Export Import Bank (Afreximbank) has announced the disbursement of a US$150 million finance facility to First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider. The…
Lagos DMO inspect blue rail line project
The Permanent Secretary, Debt Management Office, Mrs. Rukayat Alake Sanusi, has inspected the progress of work on the Blue Rail Line project in anticipation of a visit by the members…
Africa and the Caribbean to strengthen cooperation through their regional development banks
Economic ties between Africa and the Caribbean took a strong upward turn this week as the regions’ premier financial institutions—the African Development Bank and the Caribbean Development Bank—came together to…
Heritage Bank wins Lagos Environmental Sustainability Award, commits to nature protection
R-L: Kehinde Olugbemi, Ag. Chief Risk Officer, Heritage Bank; Captain Babangida Zakari, Deputy Director of Coordination, Armed Forces Settlement Centre, Oshodi; Prince Ademola Docemo, MD, Lagos State Signage and Advertising…
REDTV emerges best online TV of the year
REDTV, Africa’s leading lifestyle entertainment online network, powered by Africa’s global Bank, the United Bank for Africa (UBA) has been announced as the winner of Online TV of the Year…
Senate set to establish financial aid scheme for students
A bill seeking to provide for the establishment of the National Student Financial Aid Scheme scaled second reading in the Senate, on Wednesday. The bill sponsored by Senator Umar Sulieman…
Dangote Sugar shareholders get N12.147bn dividend for 2021
L-R: Company Secretary/Legal Adviser, Dangote Sugar Refinery Plc, Temitope Hassan; Chairman, Dangote Sugar Refinery Plc, Aliko Dangote; Group Managing Director/CEO, Dangote Sugar Refinery Plc, Ravindra Singhvi; and Non-Executive Director, Dangote…
Inflation increases to 17.7% in May -NBS
Nigeria’s consumer inflation rate increased to per cent in May 2022 compared with per cent in the previous month, the National Bureau of Statistics (NBS) said in its latest report…
FG borrows money to pay worker’s salaries-Accountant General
Nigeria currently borrowing money to pay the salaries of its workers due to challenges in government revenue generation ability, according to the acting Accountant-General of the Federation (AGF), Anamekwe Nwabuoku…