Business

Senate confirms four out of five CBN non-executive directors

The Nigerian Senate has confirmed four out of five non-executive director nominees for the Central Bank of Nigeria, CBN, who were screened...

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GOOGLE AGREES TO PAY $11 MILLION TO OWNERS OF SUSPENDED ADSENSE ACCOUNTS

Google has agreed to create a fund of 11 million dollars as part of a a class action settlement for terminating or...

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FIVE FEATURES YOU MUST DISABLE ON NEW SMARTPHONES

You may need to disable the following five features from a new smartphone you have just bought, according to Androidpit.com. Automatic brightness and...

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CIBN urges NASS to pass Financial System Strategy Bill

The Chartered Institute of Bankers of Nigeria (CBN) has appealed to the National Assembly to pass the Financial System Strategy (FSS) Bill...

Chief Executive, Stanbic IBTC Bank, Demola Sogunle

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Stanbic IBTC Bank offers bundled-benefit banking services to enterprises

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings PLC, has introduced a new banking product that will help small and medium...

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36 States Generated N931bn IGR against N3.3tn from Federation Account in 2017

The Economic Confidential has released its Annual States Viability Index (ASVI) which shows that 17 states are insolvent as their internally generated...

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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...

FirstBank MD/CEO, Dr Adesola Adeduntan (R), Olofa of Offa, HRH Oba Mufutau Muhammed Oloyede Gbadamosi, Okikiola Esuwoye II (M) and Dr. Remi Oni, Executive Director, Corporate Banking(L)

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First Bank MD and management team visit Kwara Governor, Monarch

The Managing Director/Chief Executive Officer of FirstBank, Dr Adesola Adeduntan, on Friday led some members of the bank’s executive management team on a courtesy...

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Banks Fail To Remit N74.1bn Govt Revenue

The probe of banks taking revenue from government has revealed that the lenders did not remit N74.1bn into the Federation Account between...

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Dangote: Why I Proposed Private Sector’s Contribution of One Percent to Healthcare Service Delivery

Africa’s foremost entrepreneur, Aliko Dangote, has given an insight into why he is advocating that the private sector operators in the country...

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FirstBank rewards Verve card users

FirstBank of Nigeria Limited has, in partnership with Verve International, announced a promotion to reward its customers for using their FirstBank Verve...

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‘Nigeria has received $14.2b from World Bank group’

The World Bank Group, which begins its week-long yearly Spring Meetings today in Washington has supported Nigeria with loans and International Development...

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Jim Ovia goes to court over ‘the Godfather of banking’

Ade Williams If the court rules in Jim Ovia’s favour, the ruling will be used several times in the future to censor...

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Obasanjo slams Buhari for not signing Africa free trade deal

Former President Olusegun Obasanjo has decried the failure of President Muhammadu Buhari to sign the Africa Continental Free Trade Area agreement, expressing...

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Presidency: How over N100bn was Removed from CBN before 2015 Polls

Few days after Vice-President Yemi Osinbajo alleged that former President Goodluck Jonathan took and shared some N150 billion from the public purse two...

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UBA Reports N105.3bn PBT, Recommends N0.85 Final Dividend

United Bank for Africa (UBA) Plc has announced its audited results for the financial year ended December 31, 2017, showing significant growth...

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Mobile phone subscription in Nigeria hits 147m – NCC

The Nigerian Communications Commission (NCC) said that the country’s phone subscriptions have reached 147 million as at January 2018. The Executive Vice...