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BusinessNews

Why CBN is developing framework for funding COVID-19 vaccine

As part of efforts to fight the coronavirus pandemic, the Central Bank of Nigeria (CBN), Nigeria’s apex monetary authority has disclosed that it...

BusinessNewsUncategorized

Revival of 20 textile companies underway– CBN

… Inaugurates Textile Revival Implementation Committee Plans are underway by the Central Bank of Nigeria (CBN) to revive at least 20 textile companies before...

BusinessNewsUncategorized

Zenith Bank records 11.34% profit growth in FY 2018

By Chioma Obinagwam Zenith Bank Plc, on Tuesday presented its audited financial report for the year ended December 31, 2018, indicating 11.34 percent...

BusinessNewsUncategorized

National collateral registry to improve lending to MSMEs by over N1.23tn

  By Chioma Obinagwam The Central Bank of Nigeria (CBN) has said that the National Collateral Registry(NCR) would enhance lending by financial institutions...

BusinessForeign NewsNewsUncategorized

CBN refutes story on Forex arbitrage

…Forex exchange rates geared towards convergence not arbitrage By Chioma Obinagwam The Central Bank of Nigeria (CBN), Nigeria’s apex bank has dismissed the...

BusinessNewsUncategorized

CBN maintains 14% interest rate to achieve financial system stability

By Chioma Obinagwam The  Central Bank of Nigeria (CBN) for the 15th time, has left interest rate unchanged in its efforts to control...

Business

NSE, Afrinvest unveil factor equity indices to optimize investors’ returns

…focuses on value banking stocks, high dividend-paying stocks By Chioma Obinagwam The Nigerian Stock Exchange (NSE), a multi-asset exchange & index provider, and...

BusinessNewsUncategorized

SEC partners NIPC to attract investors, revitalize commodities market

  By Chioma Obinagwam The Securities and Exchange Commission (SEC) has restated its commitment to partner with relevant government agencies and the private...

Uncategorized

Heritage Bank sets to deepen full stream retail banking, sustainable growth

  By Chioma Obinagwam Heritage Bank Plc. has restated commitment through its growth strategy to deepen its full stream retail banking franchise to...

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Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...

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