The Central Bank of Nigeria (CBN) disbursed N75.9 billion loan to farmers between last November and December, under the Anchor Borrowers’ Programme (ABP). The fund was to support the cultivation of over 383,000 hectares of maize, rice and wheat...
The Nigerian National Petroleum Company (NNPC) Limited says it has renewed oil production sharing contracts (PSCs) with its partners — after nearly three-decade. NNPC said it also resolved lingering disputes with its production sharing contracts (PSCs) contractors. PSCs are...
Jaiz Bank Plc, says in that in the 10 years of its existence, it has grown its balance sheet from N12 billion in 2011 to N300 billion in 2021. Within the same period, the bank witnessed rapid branch expansion...
President Muhammadu Buhari has directed the National Agency for Science and Engineering Infrastructure (NASENI) to produce more solar cells to boost the alternative power sources in the country. Chief Executive Officer of NASENI, Prof. Mohammed Haruna made this known...
The United Bank of Africa (UBA), has announced the appointment of it's new GMD/CEO, Oliver Alawuba. Alawuba has over 20 years experience in the banking industry. His knowledge wiĺ lead the development & execution of the long term pan-African...
Despite increase in the price of petrol, also known as Premium Motor Spirit (PMS) across the country, the Federal Government, in Abuja, yesterday, said cost of the product is still being regulated, even as it blamed marketers for the...
United Bank for Africa Plc, Africa’s global bank, has announced the appointment of Oliver Alawuba as Group Managing Director, overseeing all the Group’s banking operations across its twenty African country network and globally in the United Kingdom, the United...
Until the Dangote Refinery comes on stream, there may be no respite from aviation fuel crisis rocking both airlines and the industry at large. The Minister of Aviation, Hadi Sirika, said this in reaction to the astronomical rise of...
Non-remittance of dollars to foreign reserves by the Nigeria National Petroleum Corporation (NNPC) is responsible for naira’s free fall in the official and parallel markets, the Central Bank of Nigeria (CBN) has said.As at the close of work yesterday,...
Nigerian telecommunications consumers may need to tighten their belts in the days ahead as Federal Government has concluded plans to impose 5% Excise Duty on all telecommunications services ranging from calls, SMS and data services. This is coming as...
