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BusinessNews

Sharp practice: CBN imposes N565m sanction on UBA

By Chioma Obinagwam The United Bank for Africa (UBA), one of Nigeria’s tier 1 banks, has been sanctioned to the tune of N565...

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Fidelity Bank okays H1 2020 financial statement

By Chioma Obinagwam Fidelity Bank Plc, one of Nigeria’s fastest growing commercial banks, has approved its audited financial statement for the Half Year...

BusinessNews

Why CBN devalued Nigeria’s currency- Naira

According to the information on the website of Nigeria’s apex monetary authority- Central Bank of Nigeria (CBN), the CBN has adjusted the official...

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Medview plans sale of two aircrafts to offset debt

The management of the Medview Airline has agreed to sell two aircraft to pay off debt. In a notice published on the website...

BusinessNews

Minister endorses local savings to stimulate capital market, economy

By Chioma Obinagwam Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has canvased the need to mobilise local savings which she...

BusinessNews

Seplat announces US$59m dividend payout to shareholders

…assures of sustainable growth  The Board of Seplat Petroleum Development Company Plc has announced a dividend distribution for shareholders with US$59 million paid...

BusinessNews

NSE buoys revenue with over N150 from fines on banks, others

The Nigerian Stock Exchange (NSE) boosted its revenue with N150 million from fines imposed on listed companies across the banking, manufacturing, and insurance...

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NCC revises guidelines to improve consumer experience

By Chioma Obinagwam In an effort to ensure that consumers get the right value for their money, the Nigerian Communications Commission (NCC) has...

In four photos, CIBN honours Union Bank with Next Generation award

By Chioma Obinagwam Nigerian lender, Union Bank of Nigeria, has been received the Next Generation award by the Chartered Institute of Bankers of...

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