CBN unveils electronic system to enhance transparency in forex market
October 4, 2024
Glo Gives 6 Months Data Bonus On IPhone 15 Models Digital telecommunications services provider, Globacom, has announced the availability of the latest iPhone 15 variants for purchase in its Gloworld shops nationwide. Those who purchase these choice devices in Gloworld shops stand to reap huge benefits from Globacom. The company[Read More…]
Nigeria signs $116m financing agreement with French Govt Nigeria has signed a $116 million financing agreement with the French Government to support the investment in Digital and Creative Enterprises (I-DICE) programme, an initiative led by the office of Vice President, Senator Kashim Shettima. The Minister of Communications, Innovation and Digital[Read More…]
FCMB rewards new winners in promo Two new millionaires have emerged in the ongoing First City Monument Bank Millionaire Promo Season 9. The two winners of the N1, 000,000 grand prize who emerged during the fourth electronic draw were an officer of the Nigerian Police Force in Lagos, Inspector[Read More…]
Seplat Energy Hires Three Independent Non-Executive Directors The Board of Directors of Seplat Energy Plc today announces the approval of the appointment of Mr. Christopher John Okeke, Mr. Udoma Udo Udoma and Mr. Babs Omotowa as Independent Non-Executive Directors of the Company. Mr. Okeke and Mr. Udoma will be joining[Read More…]
26.5 million Nigerians at risk of hunger in 2024 – FAO Report from Food and Agricultural Organization, says 26.5 million Nigerians face the threat of hunger in the year 2024. The international organization revealed that states such as Borno, Sokoto, Zamfara, and the Federal Capital Territory (FCT) are at a[Read More…]
Unity Bank Records N38.2 Billion Gross Earnings in Q3’23 Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence[Read More…]
CBN denies plans to Redenominate Naira The Central Bank of Nigeria (CBN) has dismissed rumours suggesting any plans for the redenomination of the Naira, set to take effect from January 2024. The response from the CBN comes in light of an assertion implying its intention to redenominate the nation’s official[Read More…]
Fidelity Bank wins Export Finance Bank of the Year award at 2023 BusinessDay BAFI Awards Fidelity Bank Plc’s leadership in the exports space has once again been reaffirmed with the bank’s emergence as the Export Finance Bank of the Year at the BusinessDay and Other Financial Institutions’(BAFI) Awards 2023.[Read More…]
Access Bank empowers businesses, NGOs Access Bank has strengthened its Development Banking Desk to drive sustainable development in Nigeria and across the African continent. Development Banking Desk is a specialised desk within Access Bank mandated to provide exclusive financial support to non-profit organisations such as international non-governmental organisations, non-governmental organisations,[Read More…]
FG to approve Seplat’s acquisition of $1.3 billion ExxonMobil assets Seplat Energy Plc, a leading Nigerian independent energy firm registered on the Nigerian Exchange Limited and the London Stock Exchange, has said that the federal government will approve the acquisition of $1.3 billion ExxonMobil’s shallow-water assets. The FG had previously[Read More…]