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Business & Economy

A’Ibom Ex-Militants warns Ijaw-owned pipeline security contractors to stay off the state, urges FG to revoke contracts given to non-indigenes

Repentant militants from Akwa Ibom under the aegis of the Niger Delta Volunteers(NDV) issued a one-month ultimatum for the revoke of oil pipeline contracts...

Nigeria’s crude oil export peaks at N11.5 trillion in H1 2022

From the National Bureau of Statistics came a cheering news. According to the data released on Nigeria's international trade, Nigeria’s crude oil export rose...

Breaking: Naira in a free fall…trades at N730/$1 at the black market

The exchange rate between the naira and the US dollar has fallen to a record low on the black market, trading at a minimum...

20 millionaires to emerge in FistBank’s Verve Card consumer promo

The duo of FirstBank, Nigeria’s leading financial inclusion services provider and Verve International, Africa’s leading payment technology and card business, have launched its third...

Nigeria’s economic outlook uncertain, welfare worsening – W’Bank

From the World Bank came a disturbing verdict. Nigeria’s economic outlook is undependable, and the ability of Africa's biggest economy to attract domestic and...

FirstBank says Naira-denominated cardholders cannot initiate international transactions

Nigeria's premier financial institution, First Bank of Nigeria Limited has advised its customers that they will no longer have access to foreign exchange for...

NCC assures FG of N500bn revenue from 5G spectrum in 2023

The Nigerian Communication Commission (NCC) says it plans to generate N500 billion as revenue for the federal government from the auctioning of two 5G...

PenCom approves FBNHoldings acquisition of Access Bank’s pension business

Pension custodian subsidiary of banking group giant, FBNHoldings have received the nod of the National Pension Commission (PenCom) to acquire Access Pension Custodian Limited....

FirstBank hosts quarterly meeting of Financial Market Dealers Association (FMDA)

First Bank of Nigeria Limited has announced that it will host the Financial Markets Dealers Association’s (FMDA) quarterly meeting scheduled for 5pm on Friday,...

GTCO Plc records N103billion PBT for Q2 2022

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has announced profit before tax of N103.2billion, representing an increase of 11.0% over ₦93.1billion recorded...

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