CBN readmits suspended banks to Forex trading
CBN readmits suspended banks to Forex trading The Central Bank of Nigeria (CBN) has re-admitted the rest of the hitherto banned Deposit Money Banks (DMBs) to commence dealing in…
CBN licenses 11 new int’l money transfer operators
CBN licenses 11 new int’l money transfer operators Central Bank of Nigeria (CBN) has listened 11 new International Money Transfer Operators (IMTOs) to ease international money transfer services in…
NSE reiterates commitment to enhance investor conference
NSE reiterates commitment to enhance investor conference The Nigerian Stock Exchange (NSE) has reiterated its willingness to enhance investor confidence that will upturn Nigerian stock market. Speaking at the…
First Bank explains $469 million NNPC funds ordeal
First Bank explains $469 million NNPC funds ordeal The management of First Bank of Nigeria Limited, a subsidiary of FBN Holdings Plc said there has been no concealment or…
LASG urged LG/LCDAs to embrace cashless revenue collection
LASG urged LG/LCDAs to embrace cashless revenue collection Sole Administrators in the 20 Local Government Councils and 37 Local Council Development Areas in Lagos State have been urged to…
FG envisages increase in foreign exchange supply
FG envisages increase in foreign exchange supply By Kayode Ogunwale The Vice President, Prof. Yemi Osinbajo has envisaged that there will be increase in foreign exchange supply as a…
Eko Atlantic City Project will boost Lagos econony, increase IGR – Ambode
Eko Atlantic City Project will boost Lagos econony, increase IGR - Ambode Lagos State Governor, Mr. Akinwunmi Ambode on Sunday embarked on an extensive tour of the Eko Atlantic…
FCMB group announces N16.3bn profit before tax for the half-year 2016
FCMB group announces profit before tax for the half-year 2016 FCMB Group Plc has reported a profit before tax of billion for the six-months ended 30 June 2016. This represents an increase…
Union Bank increase customers deposit by N41.3bn in 6-months
Union Bank increase customers deposit by in 6-months By Kayode Ogunwale Union Bank of Nigeria Plc (UBN) Wednesday announced an increment of billion in its deposits from customers in unaudited…
Fidson foresees imminent recovery despite 35% drop in half year revenue
Fidson foresees imminent recovery despite 35% drop in half year revenue Fidson Healthcare Plc has reiterated its confidence in delivering better performance in the second half of the year as…