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Deposit Insurance: NDIC Sets Up New Unit To Enhance Financial Technoloy, Innovations

January 29, 20200469

NDIC Boss, Umaru Ibrahim. By Barnabas Esiet. The Nigeria Deposit Insurance Corporation (NDIC) says it has set up a new unit to handle innova

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BusinessEconomyNews

Overseas Investment: Union Bank Announces PlanTo Selloff Equity Stake In its UK Subsidiary

January 29, 20200596

Union Bank of Nigeria Plc. (“Union Bank”), has entered a share sale and purchase agreement to divest of its 100% equity stake in Union Bank UK Plc

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BusinessEconomyNewsSpecial Report

Monetary Policy: CBN Limits Banks’ Capacity To Lend With 5℅ Hike In CRR

January 25, 20200832

Governor of CBN, Godwin Emefiele.. By Barnabas Esiet. Nigerians may have to pay more to secure Bank loans from Deposit Money Bank's, DMBs, i

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Capital Market: SEC, ICPC Pledge Collaboration To Fight Criminality.

January 17, 20200581

The Securities and Exchange Commission (SEC) and the Independent Corrupt Practices and other Related Offences Commission (ICPC) are to collaborate

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BusinessEconomyNews

Nigeria’s Economic Growth: NIMASA Providing The Stimulus – DG.

January 17, 20200541

The Nigerian Maritime Administration and Safety Agency (NIMASA), has been in the forefront of positive transformation of the nation's economy thro

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Nigeria Economy: CIBN Foresees Higher Growth In 2020

January 11, 20200593

President/Chairman of Council, CIBN, Dr. Uche Olowu. Following ongoing reforms, especially in the agricultural sector of the Nigerian economy,

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Defamatory Publication:  Union Dissociates Self From Purported Call For Suspension Of FIIRO Boss

January 8, 20200537
Defamatory Publication:  Union Dissociates Self From Purported Call For Suspension Of FIIRO Boss

Acting DG, FIIRO, Chima Igwe Following a Publication in one of Nigerian newspapers dated 2nd January, 2020 regarding the Ph. D Degree saga in t

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BusinessEconomySpecial Report

Attempted Robbery: Armed Forces Foil Heist At Abuja First Bank Branch

December 28, 20190557
Attempted Robbery: Armed Forces Foil Heist At Abuja First Bank Branch

An attempted robbery at one of the First Bank branches in Abuja has been foiled following prompt response by the the Nigerian police and military.

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BusinessEconomyNews

Unclaimed Dividends: SEC Adopts New Strategies To Resolve Issue, Approves Rules On Electronic Offering.

December 27, 20190584
Unclaimed Dividends: SEC Adopts New Strategies To Resolve Issue, Approves Rules On Electronic Offering.

Acting DG SEC, Mary Uduk The Securities and Exchange Commission, SEC, is considering a number of options to resolve the issue of unclaimed divide

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ECOWAS Treaty: French Speaking West African Countries Dump CFA Franc, Adopt New Currency ‘ECO’

December 22, 20190836
ECOWAS Treaty: French Speaking West African Countries Dump CFA Franc, Adopt New Currency ‘ECO’

Following recent criticisms regarding France's unfair control of the economies of its former colonies in Africa, eight West African countries have

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