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Business & Economy

Naira depreciation will not significantly affect the health of Nigerian banks – Fitch

Fitch Ratings, a US-based credit rating agency has assured that Nigerian banks can withstand the current depreciation of the naira.  Fitch disclosed this in a...

Trapped Funds: Emirates to suspend flight operations to Nigeria

''Without the timely repatriation of the funds and a mechanism in place to ensure that future repatriation of Emirates’ funds does not accumulate in...

Addax, NNPC resolves conflict over oil blocks

Addax Petroleum has exited four Nigeria oil blocks OMLs 123/124, 126/137 as the Nigerian National Petroleum Company Ltd on Tuesday signed a Memorandum of...

FCMB boss, Yemisi Edun, confers with Fellowship of Chartered Institute of Bankers

The Chartered Institute of Bankers (CIBN) has conferred its Fellowship award on the Managing Director of First Monument Bank (FCMB), Mrs Yemisi Edun. The Fellowship...

Sanlam Nigeria hosts stakeholders’ fora

“What I love about Sanlam is, they do not just promise, they also deliver. The company gives me peace of mind because they are...

New Naira notes: Your timing is wrong and dangerous, Finance Minister tells CBN

''As a Nigerian privileged to be at the top of Nigeria’s fiscal management, the policy as rolled out at this time, portends serious consequences...

Sifax challenges bid of two other firms for MMIA concession

Sifax Group of Companies Limited, owners of SAHCO Plc has requested a Federal High Court in Lagos to disqualify Tav Airports Holding Company...

FIRS sets Dec. 3rd as take-off date for collection of direct tax from online gaming operators

The Federal Inland Revenue Service (FIRS) has announced the commencement of the deduction of taxes at transaction points from online gaming companies, using the Sentinal National Payment...

CBN redesigns Naira, roll out commences Dec 15

The Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency. Mr Godwin Emefiele, the CBN Governor, who made this...

FirstBank rolls out a bouquet of retail products across business sectors

First Bank of Nigeria Limited has announced its variety of retail products specifically designed to enhance the operations and sustenance of various businesses in...

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