Nigeria, others lose $3.5b to cyber crime

Nigeria, others lose $3.5b to cyber crime

Nigeria, Tanzania, Ghana, Kenya and Uganda – together lost $3.5 billion to cyber crooks last year, a cyber security firm Serianu, has said. Its Africa More »

Shareholders laud UBA’s higher dividend, subsidiaries’ performance

Shareholders laud UBA’s higher dividend, subsidiaries’ performance

Shareholders of United Bank for Africa Plc have expressed satisfaction over the 2017 full-year financial performance of the bank and the increased dividend payout declared More »

How direct debits can benefit your business

How direct debits can benefit your business

We all know how direct debits benefit us as consumers, but they can offer all kinds of advantages to business owners too. From the little More »

DBN will provide 12 yrs loan tenure for SMEs — Okpanachi

DBN will provide 12 yrs loan tenure for SMEs — Okpanachi

The 2018 edition Vanguard Economic Discourse featured a panel of leading operators in various spheres of the economy including the Managing Director of Development Bank More »

Credit expansion will define banking competition in 2018-Coronation Research

Credit expansion will define banking competition in 2018-Coronation Research

The ability of banks to expand credit to the real sector will define the nature of competition in the banking industry in 2018. Coronation Research, More »

NEXIM, CBN promote non-oil exports

NEXIM, CBN promote non-oil exports

The Managing Director of the Nigeria Export-Import Promotion Bank, Mr. Abubakar Bello, has said the collaboration of the bank with the Central Bank of Nigeria More »

 

NEXIM, CBN promote non-oil exports

The Managing Director of the Nigeria Export-Import Promotion Bank, Mr. Abubakar Bello, has said the collaboration of the bank with the Central Bank of Nigeria

Power firms need N200bn to meter four million customers — NERC

About N200bn will be required for the provision of meters to over four million power consumers across the country that need prepaid meters, the Nigerian

NNPC ends lease agreement with mega station owners

The Nigerian National Petroleum Corporation on Thursday announced that it had ended its lease agreement with owners of the super mega petrol station along the

FG may impose levies on imported starch to drive cassava processing

Nigeria spent $654m on product, flour, others The Federal Government may impose levies on imported starch, sweeteners, flour and ethanol soon in a bid to

AFDB, EIB inject $70m into DBN to boost credit access

The African Development Bank, AFDB, and European Investment Bank (EIB) yesterday announced the injection of $70 million equity investment into the newly created Development Bank

Naira depreciates to N360.31/$ in I&E

The naira yesterday depreciated by 15 kobo to N360.31 per dollar in the Investors and Exporters (I&E) window of the foreign exchange market. Data from

Natural oil & gas suppliers plan nationwide operation

AS part of efforts aimed at deepening downstream operations, the Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) says it has put necessary machinery

NETCO posts N3.257bn profit before tax in 2017

THE National Engineering and Technical Company Limited (NETCO) recorded a profit before tax of N3.257 billion for 2017 financial year. A breakdown showed that the

World Bank knocks Nigeria, others for rising debts

The World Bank has raised the alarm over rising debts in African countries, including Nigeria. While releasing ‘Africa’s Pulse’, a biannual analysis of African economies

Court stops planned sale of 9mobile

The Abuja division of the Federal High Court has halted the planned sale of embattled telecommunication firm, Etisalat (now 9mobile) following opposition to the move

CBN injects fresh $210m into forex market

The Central Bank of Nigeria has intervened with another sum of $210m in the foreign exchange market to meet the requests of customers, as the

Buhari lists ways to improve business among commonwealth nations

President Muhammadu Buhari, has identified trade and investment facilitation to generate resources for sustainable development; ease of doing business and regional integration that expands markets

10 things to know about your bank account

Your bank account is one of the most important things to understand about your personal finances. Without a bank account, it is difficult to be

IMF describes Nigeria’s debt servicing ratio as extremely high

THE International Monetary Fund, IMF, has once again expressed concerns about Nigeria’s debt servicing capacity, as the size of the total debt keep rising against