Business/Economy

NACCIMA Appoints Oil Palm Growers Head as Vice Chair of Agribusiness Group CHIGOZIE AMADI The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has appointed the President of the Oil Palm Growers Association...

•Monies not free, will be paid back as loans with interest   •States did not get uniform sum, a handful opted out, THISDAY learns CHIGOZIE AMADI The N573 billion purportedly released to Nigeria’s sub-national governments as announced by...

Coronation Merchant Bank Appoints Abiagam Acting MD/CEO CHIGOZIE AMADI Coronation Merchant Bank, an investment bank, has announced the appointment of Paul Abiagam as its Acting Managing Director/Chief Executive Officer. The appointment which became effective immediately, is part...

NACCIMA Urges FG to Treat Business Investors Well to Attract FDI   CHIGOZIE AMADI The National President of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Mr. Dele Oye, has urged the federal government...

Unity Bank Share Price Remains Flat at N1.51 after Merger Deal with Providus Bank CHIGOZIE AMADI The stock price of Unity Bank Plc, yesterday traded flat at N1.51 per share after the Central Bank of Nigeria’s...

IHS Approves Eight Years Renewal, Extension of MTN Tower Lease Agreements CHIGOZIE AMADI IHS Nigeria, a subsidiary of IHS Holding Limited, one of the largest independent owners, operators, and developers of shared communications infrastructure in the...

•Says sector incurred over N1.5tn losses in foreign related transactions •Recorded 108.7% increase in job losses in 2023 alone  •Many SMEs forced to close operations CHIGOZIE AMADI The Manufacturers Association of Nigeria (MAN) yesterday, declared that continued non-redemption...

CBN adopts Retail Dutch Option to boost liquidity CHIGOZIE AMADI The Central Bank of Nigeria (CBN) says it undertook the sale of foreign exchange (Fx) to end users through a Retail Dutch Auction System (rDAS). According to...

SEC to outline vision for capital market at CMC meeting CHIGOZIE AMADI Emomotimi Agama, Director General, Securities and Exchange Commission (SEC), says the commission is set to outline its vision for the Nigerian capital market at...

Bank consolidation: CBN approves merger of Providus Bank with Unity Bank CHIGOZIE AMADI The Central Bank of Nigeria (CBN) has approved the merger between Providus Bank Limited and Unity Bank Plc. The Banks in a joint statement...