9PSB Reiterates Commitment to Empowering Women Entrepreneurs
9PSB Reiterates Commitment to Empowering Women Entrepreneurs
Chigozie Amadi
9 Payment Service Bank (9PSB), has reiterated its support to Nigerian women entrepreneurs and Small and Medium Scale Enterprises through its agent banking business opportunities that will...
Naira Depreciates by 80.81% YoY Amid CBN FX Unification
Following the unification of foreign exchange (FX), by the Central Bank of Nigeria (CBN), the value of naira against the dollar has depreciated by 80.81 per cent Year-on-Year (YoY) to an average N797.43/dollar as...
Nigeria Links Up with 15 African Countries to Join Afreximbank’s Fund for Export Devt
Chigozie Amadi
Nigeria has acceded to the establishment agreement for the Fund for Export Development in Africa (FEDA), the development impact investment platform of the African Export-Import Bank (Afreximbank).
Nigeria joined the ranks of countries acceding...
Central Bank Clarifies Export Proceeds’ Repatriation, Utilisation By Oil Companies
•Petroleum profit tax, royalty, education tax, others eligible for settlement
Chigozie Amadi
Central Bank of Nigeria (CBN) yesterday clarified that 50 per cent balance of the repatriated export proceeds could be used to settle financial obligations...
Auto Dealers Commit to Transforming Automobile Trading in Nigeria
Auto Dealers Association of Nigeria (ADAN), has announced plans to transform automobile trading in Nigeria.
The association stated this at its inaugural awards and end of the year stock taking tagged, “The Legal Problems Inherent...
Shareholders Express Dissatisfaction as Banks’ AMCON, NDIC Expenses Hit N490.54bn
Shareholders Express Dissatisfaction as Banks’ AMCON, NDIC Expenses Hit N490.54bn
Chigozie Amadi
Shareholders of 10 leading Deposit Money Banks (DMBs) in the country have decried the massive increase in operating cost fuelled by the Asset Management...
Empower local govt to grant planning permits, stakeholders tell LASG
Empower local govt to grant planning permits, stakeholders tell LASG
Chigozie Amadi
Stakeholders in the built environment have urged the Lagos State Government to empower local government authorities to grant planning permits.
They made calls in separate...
RMAFC Bill: Coalition demands Tinubu’s assent, says body deserves better funding
The Centre for Anti-Corruption and Open Leadership (CACOL) on behalf of the Civil Society Coalition Against Corruption yesterday in Lagos called on President Bola Ahmed
Tinubu to graciously give assent to the Bill for an...
Fadama Cares empowers 200,000 Ekiti farmers
The Ekiti State Fadama Care Office has said that no fewer than 200,000 farmers in the state have benefitted from its intervention programmes in the last one and a half years.
The Project Coordinator of...
UBA Records Impressive Q1 Pretax Earnings of N156bn, Achieving 165% YoY Growth
UBA Records Impressive Q1 Pretax Earnings of N156bn, Achieving 165% YoY Growth
Chigozie Amadi
United Bank for Africa Plc (UBA), Africa’s Global Bank, has unveiled its first-quarter financial results for the period ending March 31st, 2024,...