NRC puts on hold container movement by rail at Apapa port
By Uzor Odigbo
The Nigerian Railway Corporation (NRC) has halted the movement of containers by rail at Apapa ports.
Engage Africa long-term, Ecobank CEO tells investors
Ecobank Group Chief Executive Officer (CEO), Albert Essien, has urged investors to engage with African asset classes on a long-term basis for maximum returns.
He...
OPay raises $50m for mobile finance in Nigeria
By Pascal Oparada
Social Media/Tech Reporter
Opera-backed OPay has raised $50 million...
Access Bank posts N74b profit
.Declares 25k Interim dividend
By
Ishaya Ibrahim
Access
Bank on Thursday, September 5, 2019 declared gross earnings...
CBN Releases lending rules to enhance credit access for MSMEs
To improve access to finance for micro, small and medium enterprises (MSMEs), the Central Bank of Nigeria (CBN) has released regulations for collateral registry...
CBN announces naira devaluation
The Central Bank of Nigeria (CBN) on Tuesday in Abuja announced devaluation of naira by N13 as part of measures the bank said were...
Union Bank leads seven others in N86.3b bad loans
By Kelechi Mgboji Assistant Business Editor
Union Bank of Nigeria took a curious lead in loans impairment charges with 106 per cent increase in bad...
Sterling Bank sketches 5-year strategy for top six slot
Sterling Bank has set a five-year plan to grow into a Tier-1 lender, or at least be among the top six in the country.
“Our...
Global cooperation panacea for tax fraud
By Kelechi Mgboji
Assistant Business Editor
International organisations are beginning to appreciate the importance of taxation, with recent revelations about tax havens, falling commodities prices, and...
After the vote, Nigeria’s economy may dive south
By
Jeph Ajobaju, Chief Copy Editor
Cheers
over the 2.3 per cent growth in Nigeria’s Gross Domestic...