Nigeria is set to receive a $1.05bn syndicated loan backed by oil from the African Export-Import Bank next month. The loan is part of a larger...
Wema Bank said it is awaiting regulators’ final verification of its N40 billion Capital raising exercise results amid the planned banking industry recapitalisation exercise recently announced...
Wema Bank Plc customers suffered a N685.6m loss to fraud and forgery activities last year. This was revealed in the bank’s Audited Financial and Annual Report...
The Association of Bureau De Change Operators of Nigeria (ABCON) has appealed to the Central Bank of Nigeria (CBN) to adjust and lower its applicable exchange...
Members of staff of the Central Bank of Nigeria, CBN, are expressing their worries over fresh moves by the apex bank management to transfer more of...
Multichoice Nigeria Limited, a company engaged in the provision of satellite television services across Africa, was defrauded of the total sum of N7.9 billion in a...
In the face of economic challenges, the consumer goods sector experienced bleak financial outcomes for the 2023 fiscal year. PZ, Cadbury, International Breweries, Dangote Sugar, Nestle,...
Investors in one of Nigeria’s many agritech crowdfunding platforms, Agrorite, have petitioned the Economic and Financial Crimes Commission (EFCC) to help them recover their more than...
Minister of Innovation, Science and Technology, Chief Uche Nnaji has decried the penchant for imported products, calling on Nigerians to patronise and support local products. He...
Director-General, Small and Medium Enterprises Development Agency of Nigeria, Charles Odii, has expressed the Federal Government’s readiness to remove obstacles hindering the growth of Small and...
