Business

UK Government Freezes Chelsea Club Owner, Abramovich’s Assets

March 10, 2022

The British government on Thursday imposed sanctions against Russian billionaire Roman Abramovich, over Russia’s invasion of Ukraine. Abramovich is the...

Housing deficit: What Nigeria can learn from Ghana

March 10, 2022

The Ghanaian government says it is committed to reducing the country’s housing deficit through policies and programmes which hold good...

Transition in sustainable finance will be shaped by local realities – Lone

March 10, 2022

SARMAD LONE, Standard Chartered’s head of Corporate, Commercial and Institutional Banking for Africa & the Middle East (AME) region, in...

Less funds for private sector as banks’ credit to government rise by 16%

March 10, 2022

Banks’ credit to the government (net) increased by 16 percent Year-on-Year (y/y), to N14.27 trillion in January 2022 compared to...

Zenith Bank cuts spending limit for international web transaction by 80%

March 10, 2022

Zenith Bank has announced that they have temporarily suspended the usage of its naira card for international transactions and has...

Zenith Bank Announce Changes On POS, Dollar Spend, Int’l Transactions

March 10, 2022

Nigeria financial service provider, Zenith Bank has announced some changes in its services due to the new economic reality. Following...

Fidelity Bank launches scheme to give women access to cheap fund

March 10, 2022

In commemoration of the 2022 International Women’s Day (IWD), Fidelity Bank Plc, one of Nigeria’s frontline deposit banks, launched a...

FIRS, MultiChoice Agree To Resolve Tax Disputes

March 10, 2022

MultiChoice Nigeria and the Federal Inland Revenue Service (FIRS) on Wednesday reached a compromise to settle pending issues on tax...

Pounds To Naira Exchange Rate/Black Market Rate Today 10 March 2022

March 10, 2022

This is the news about the Pounds to Naira rate at the official and black market exchange rate Today March...

Dollar To Naira Exchange Rate Today, 10 March 2022

March 10, 2022

Wednesday, 9 March 2022: This is the news about the Dollar to Naira rate at the official and black market...

Heritage Bank’s 9years of bridging Agric value-chain financing gaps

March 9, 2022

Nigeria’s agriculture sector over the years has experienced myriads of challenges ranging from sub-optimal yields, shrinking resources, post-harvest losses, fluctuating...

Baobab Nigeria spreads transactions with new mobileApp

March 9, 2022

The launch of MyBaobab mobile app by Baobab Nigeria, a nationally licensed microfinance bank, has been garnering praise from customers...

NGX: Unity Bank Lead Equity Trading As Bears Takeover Costs Shareholders N58.34bn

March 9, 2022

Nigerian community-oriented financial sector, Unity Bank on Tuesday led the equities trading with 525.27 million share valued at N262.46 million....

CBN Increases Currency In Circulation By ₦418bn

March 9, 2022

The Central Bank of Nigeria (CBN) increased the currency in circulation from ₦2.91tn in December 2020 to ₦3.33tn in December...

Firstbank Partners With CDC/BII To Support Women And Small Business Owners With A US0 Million Credit Facility

Firstbank Partners With CDC/BII To Support Women And Small Business Owners With A US$100 Million Credit Facility

March 9, 2022

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its partnership with CDC Group,...

Dollar To Naira Exchange Rate Today, 9 March 2022

March 9, 2022

Tuesday, 8 March 2022: This is the news about the Dollar to Naira rate at the official and black market...

Pounds To Naira Exchange Rate/Black Market Rate Today 9 March 2022

March 9, 2022

This is the news about the Pounds to Naira rate at the official and black market exchange rate Today March...

Dangote Sugar Revenue Hits N276.50bn, Courtesy Of Apapa Gridlock

March 8, 2022

Dangote Sugar company have stated that the Apapa Gridlock impacted its revenue greatly in the last year. In an operational...

Cornerstone Tops Gainers Chart In Nigeria Capital Market

March 8, 2022

The Nigerian capital market on Monday saw investors lose ₦3.23 billion following the dip in equity capitalization by 0.01% at...

MTN To Investigate Sexual Harassment Cases On Female Employees

March 8, 2022

MTN Nigeria on Monday, admitted that the company is facing multiple cases of sexual harassments perpetrated by high profile officers....

Reasons yield-hungry investors are on look out for next Lekki Phase 1

March 8, 2022

Increasingly, real estate is becoming an irresistible investment destination, attracting both small and big, local and foreign investment interests mostly...

REDAN faults Reps committee on real estate Bill, highlights investment benefits

March 8, 2022

The Real Estate Developers Association of Nigeria (REDAN) has faulted the House of Representatives Ad-Hoc Committee Investigating the operations of...

Business

Seplat Energy Denies Collapse Of ExxonMobil $1.6bn Assets’ Sale

March 8, 2022

Seplat Energy Plc has denied media reports that the Nigerian National Petroleum Corporation (NNPC) Limited has blocked the proposed purchase...

Pounds To Naira Exchange Rate/Black Market Rate Today 8 March 2022

March 8, 2022

This is the news about the Pounds to Naira rate at the official and black market exchange rate Today March...

Dollar To Naira Exchange Rate Today, 8 March 2022

March 8, 2022

Monday, 7 March 2022: This is the news about the Dollar to Naira rate at the official and black market...

GTCO Announces N221.5bn Profit Before Tax

March 7, 2022

Guaranty Trust Holding Company Plc, (GTCO Plc) has released its audited financial report for the year ending Dec. 31, 2021....

Fuel Scarcity Lingers Despite NNPC’s Claims Of Releasing A Million Litres Of PMS

March 7, 2022

Nigeria still suffers fuel scarcity despite claims of availability of Premium Motor Spirit (petrol) by the Nigerian National Petroleum Company...

UBA’s Profit Rose To ₦153bn In 2021

March 7, 2022

The United Bank for Africa (UBA) on Monday disclosed that its profit rose to ₦153bn at the end of 2021....

Seplat Leads Gainers’ Chart As Investors Trade 1.37bn Shares Worth N23.7bn

March 7, 2022

The Nigerian Stock Exchange (NGX) has disclosed that investors traded 1.374 million shares worth N23.7 billion in 28,809 deals last...

Dollar To Naira Exchange Rate Today, 7 March 2022

March 7, 2022

Friday, 4 March 2022: This is the news about the Dollar to Naira rate at the official and black market...

Pounds To Naira Exchange Rate/Black Market Rate Today 7 March 2022

March 7, 2022

This is the news about the Pounds to Naira rate at the official and black market exchange rate Today March...

Concerns as migration widens Lagos housing deficit

March 6, 2022

The daily influx of people from various parts of Nigeria and beyond has widen the housing deficit in Lagos, piling...

Shareholders Lose ₦34.8bn As Nigeria Capital Market Stumbles

March 4, 2022

The Nigerian capital market on Thursday saw investors lose ₦34.87 billion at the close of business. After eight hours of...

Dangote Cement To Pay Nigerian Govt ₦174bn As 2021 Revenue Hits ₦993bn

March 4, 2022

Dangote Cement Plc is expected to pay the sum of N173.93 billion as tax to the Nigerian government for the...

We Will Refund Depositors Of 23 Distressed Banks – NDIC

March 4, 2022

The Nigerian Deposit Insurance Corporation (NDIC) has promised to refund depositors of 23 distressed banks in the country. Naija News...

Dollar To Naira Exchange Rate Today, 4 March 2022

March 4, 2022

Thursday, 3 March 2022: This is the news about the Dollar to Naira rate at the official and black market...

Nigeria’s banking sector contributes N168.4trn to GDP in 4 years

March 4, 2022

The Nigerian banking industry progressively contributed some N168.4trillion to the country’s Gross Domestic Product (GDP) between 2017 and 2020, indicating...