The Central Bank of Nigeria (CBN) on Friday said it injected 337.16 million dollars in the retail Secondary Market Intervention Sales (SMIS) in its first intervention in the inter-bank foreign market for November. A statement issued in Abuja by Isaac Okorafor, the bank’s Director of Corporate Communications, noted that the...
Leadway Pensure has won two major awards for Excellent Service Delivery and Most Outstanding Pension Funds Administrator of the year 2018 at the Nigeria Customer Service Awards and the International Standards Leadership Awards respectively. Leadway emerged winner of the keenly contested award for Excellent Service Delivery among several other PFAs...
Two decades ago, most Nigerian airlines have access to only old aircraft that have limit of validity issues and most of them are at the end of their economic useful life. Although, the recommended age for an aircraft for scheduled airline operations in Nigeria is about 20 years but many...
National Association of Micro Finance Banks on Monday reveals that nine out of the 34 micro finance banks in Niger have lost their operational banking licences because they fell short during the regulation exercise carried out by the Central Bank of Nigeria (CBN). Mr Sado Daniel, North Central Secretary of...
Managing Director, Afrinvest West Africa Limited, an investment and research firm, Ike Chioke, on Thursday reveals that many commercial banks will restrict lending plans ahead of the 2019 general elections. Speaking during the release of the 2018 ‘Nigerian Banking sector Report’ in Lagos, Chioke said lenders are already cutting loans...
Sunderland University and UK based Nigerian Students Society including Nigerian community in the United Kingdom have recently honoured the Chairman of Stanel Group, Dr. Stanley Uzochukwu in recognition of his contributions to Nigeria Economy and humanitarian impacts on less privileged Nigerians. The Stanel Boss who was invited by the University authority as a guest...
‘Nigeria ranks 152 in human capital index’ Budget and National Planning Minister Senator Udoma Udo Udoma on Friday said the Federal Government will attract $22 billion private sector investments through the Economic Recovery and Growth Plan (ERGP) “Focused Laboratories” in two years. According to him, Nigerians may have to wait...
Sunderland University, United Kingdom (UK) has invited the Chief Executive Officer of Stanel Group, Dr. Stanley Uzochukwu to feature as a quest speaker in the ongoing “Nigeria @58 Edition” of the school event. The young Nigerian entrepreneur who merited the invitation base on his impacts on Nigerian economy is currently...
The Accountant-General of the Federation (AGF), Mr Ahmed Idris, has stated that salaries of all workers on the Federal Government payroll will be paid in spite of the ongoing labour strike. Idris gave this commitment on Thursday while speaking to newsmen at the Treasury House in Abuja. He said: “We have...
Air Peace has signed an agreement with  Boeing Corporation  for the acquisition of 10 brand new 737 MAX 8 aircraft, making history as the first airline in West Africa to add the equipment to its fleet. Air Peace operates Boeing 737s and Embraer 145s on its domestic and regional routes....

Recent Posts

Most Popular

Why INEC Reschedules 2019 General Elections 

The Independent National Electoral Commission (INEC) has announced the postponement of the 2019 general elections earlier scheduled for Saturday 16, 2019. This is following a...

Nigeria Decides: EFCC Releases Hotlines To Report Electoral Fraud [List Of Phone Numbers]

The Economic and Financial Crimes Commission (EFCC) has published hotlines, where Nigerians with authentic information that can lead to the arrest of culprits of...

Bauchi: Police Bar VIPS With Security Details From Polling Units

The Bauchi State Police command have barred political appointees and other dignitaries from bringing their escorts to polling units during Saturday’s presidential and National...

INEC Begins Distribution Of Sensitive Materials In Imo

…stakeholders express worry over late commencement The distribution of sensitive materials for the Presidential and National Assembly elections started in Imo State at about 1.30pm...

IPOB Makes U-Turn On Election Boycott

Leader of Indigenous People of Biafra (IPOB), Nnamdi Kanu, has called off the proposed boycott of elections by his ground in the entire South-East...