Tuesday, 7th December 2021
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10 Feb 2015
THE move to resolve the lingering crisis bedeviling the umbrella body of Bureaux De Change (BDC) operators- Association of Bureaux De Change Operators of Nigeria (ABCON), may have hit the top gear.   Rising from a stakeholders meeting of the group in the South West zone, the operators adopted four resolutions aimed at restoring peace…
3 Feb 2015
The 2015 fiscal plan of the Federal Government, currently under consideration, has been assessed again as the “business as usual”. CHIJIOKE NELSON highlights some sectoral issues. THE above statement was credited to the Finance Minister and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, as part of her budget presentation speech.   But a critical…
3 Feb 2015
THE Central Bank of Nigeria has approved the appointment of Thomas A. Etuh and Alhaji Aminu Babangida as Chairman and Vice Chairman of the of Unity Bank Plc respectively.   According to a statement from the bank, signed by the Unit Head, Internal Communications and Brand Management, Ms. Ogechi Umez-Eronini, the approval was contained in a letter to…
27 Jan 2015
THE importance of regional integration as a means to unlocking Africa’s great potential and supporting its economic development has long been recognized by investors and stakeholders. Several initiatives and brainstorming sessions over the issue have as well shown Africa’s desire to deepen regional integration. Perhaps, the collaborative efforts of the Economic Community of West African…
27 Jan 2015
THE evolving trends in the economy of the global community may have exerted enormous influence on the policy decisions of the nation’s apex bank.   Specifically, beside the challenges of the free falling crude oil prices, which at present, have sustained over 50 per cent decline in the last six months, activities in individual economies…
27 Jan 2015
WITH the launch of SecureCard Manufacturing Plant by smartcard supply and personalization firm- SecureID Limited, one its major financier, FirstBank Nigeria, said it is optimistic that the new and first polycarbonate plant in Africa would boost backward integration of the smartcard manufacturing process.     The ultra-modern plant, which focuses on polycarbonate card body production and…
20 Jan 2015
MAJOR acquisitions by local players in the nation’s financial industry set 2014 apart in recent years. For one thing, indigenous banks showed their capabilities and eventually succeeded in making a strong statement at the end, with one set to go in the second quarter of this year. Beside acquisitions, integration of the acquired entities with…
20 Jan 2015
THE nation’s financial system sustained its wide margins between interest rates on deposit and lending all through the months of January and October 2014.   The Economic Report of the Central Bank of Nigeria for the month of October 2014, though indicated mixed developments in banks rates, but the wider margins remained a constant feature…


12 mins ago
French police on Tuesday arrested a suspected member of the hit squad that murdered Saudi journalist Jamal Khashoggi in 2018 at the kingdom's consulate in Istanbul
38 mins ago
By Claudio Muruzabal, SAP President for Southern Europe, Middle East and Africa NAIROBI, Kenya, 7th December, 2021 -/African Media Agency(AMA)/- For the past 18 months, the business world has been so focused on Covid-19 that it’s taken its eye off the other C-word – CSR, or corporate social responsibility. But you can write this down and…
57 mins ago
President Muhammadu Buhari on Tuesday met behind closed doors with Gov. Hope Uzodinma of Imo in the Presidential Villa, Abuja.
1 hour ago
Mr Biodun Oyebanji, the Secretary to Ekiti State Government, has resigned his appointment, the News Agency of Nigeria (NAN) reports.
2 hours ago
TradeDepot, the leading B2B eCommerce and embedded finance platform in Africa, has raised $110 million in an equity and debt funding round to support the delivery of Buy-Now-Pay-Later services to 5 million SME retailers and drive further expansion of its merchant platform across the continent. The new funding will also support the expansion of the…