$6.23m CBN Fraud: FG Targets Boss Mustapha, Others for Prosecution
The Director of Public Prosecution, Rotimi Oyedepo, has said those involved with the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in the alleged theft of…
Nigeria Can’t Defeat Poverty Without Cooperatives, Agbese Says
…….There can be no meaningful economic transformation in Nigeria without strong cooperative societies.” That declaration by the Deputy House Spokesman of the House of Representatives, Philip Agbese, set the…
Vehicle Import Levy Regime takes effect as dealers await Green Tax details
The vehicle import levy regime has officially taken effect in Nigeria, cutting import levies on new and used vehicles. However, auto dealers say the vehicle import levy regime may not…
Providus, Unity Banks Complete Merger into One Institution
Providus Bank and Unity Bank have officially completed their merger and will now operate as a single financial institution under the name ProvidusUnity Bank. The transition follows the successful conclusion…
Zenith Bank Opens First Commercial Branch in Osubi
Zenith Bank Plc has strengthened its footprint in Delta State with the launch of a new branch in Osubi, Okpe Local Government Area, becoming the first commercial bank to establish…
Nigerian Stock Market Losses Hit N2.18 Trillion as Sell-Off Deepens
|By Babatunji Wusu – Nigerian stock market losses climbed to N2.18 trillion on Thursday as investors extended a broad sell-off on the Nigerian Exchange. Market capitalisation fell by 1.41%, dropping…
FirstAdvance Reaches N1bn Daily Loan Disbursement
By Babatunji Wusu| FirstBank Nigeria has announced that FirstAdvance, its flagship salary-backed digital loan product, has achieved a major milestone by reaching N1 billion in daily loan disbursement. In a…
Access ARM Pensions Appoints Sa’adu Jijji as CEO
By Babatunji Wusu| Access Holdings Plc has announced the appointment of Sa’adu A. Jijji as the new Managing Director and Chief Executive Officer of Access ARM Pensions Limited, as part…
Dangote Secures $600m for Fertiliser Expansion
By Babatunji Wusu| The Dangote Group has secured a $600 million financing facility from the Africa Finance Corporation (AFC) to accelerate the expansion of its fertiliser production capacity across Africa,…
LSETF Disburses N15bn to Businesses
By Babatunji Wusu| The Lagos State Government has revealed that more than N15 billion has been disbursed to over 20,000 small and medium-scale enterprises through the Lagos State Employment Trust…
