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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...

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...

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

SEC refutes conducting recruitment exercise

By Chioma Obinagwam The Securities and Exchange Commission, SEC, has denied conducting any recruitment exercise as being speculated by some persons. The Commission...

BusinessNews

NSE sets deadline for new rule on free float

The Nigerian Stock Exchange (NSE) has said it would begin implementation of its new free float rules beginning from January 2, 2020, which...

BusinessNews

Laws to facilitate capital market growth imminent– SEC

By Chioma Obinagwam The House of Representatives Committee on the Capital Market and other institutions has restated commitment through making enabling laws to...

BusinessNews

Is Med-View Airline in murky waters?

When Med-View commenced domestic operations in November 2012, it did so amidst fanfare, with a fleet of two Boeing 737-400 aircraft and one...

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Why Seplat Energy joined the league of Extractive Industries Transparency Initiative

By Chioma Obinagwam Seplat Energy Plc, has announced that it has joined the league of Extractive Industries Transparency Initiative (EITI) and is fully...

FY 2024: CSCS grows profit by 24%, declares N1.76 dividend per share

By Chioma Obinagwam Nigeria’s foremost depository, Central Securities Clearing System (CSCS) Plc, has said that it grew its Profit Before Tax (PBT) by...