The Central Bank of Nigeria (CBN) has ordered four banks namely Citibank, Diamond Bank, Standard Chartered bank and Stanbic-IBTC, to pay a total sum of N5.87 billion for allegedly issuing irregular certificates of capital importation...
The Monetary Policy Committee of the Central Bank of Nigeria agreed to leave the Monetary Policy Rate, MPR, unchanged at 14 per cent. The decision of the committee was announced Tuesday by the CBN Governor, Mr...
Arsenal has signed a new deal with Jay-Z’s TIDAL in a partnership worth around £1 million pounds (N360 million) a year. The collaboration includes features from up and coming artistes and a pre-installed playlist...
The Nigerian Investment Promotion Commission (NIPC) has released the first Quarter 2018 report on Investment announcements in Nigeria. The Report disclosed that in the first quarter of 2018, NIPC tracked $17.88bn worth of investment...
With the saturation of the mobile phone market in Nigeria and the advent of Financial Technology startups (FINTECH) in the financial services industry, the Nigerian polity has witnessed higher financial inclusion amongst the underbanked...
Ethanol production is winding its way into the economy. It has the potential of aiding electricity generation, food and beverages production. Increasing demand for the ‘spirit’ is helping cassava growers earn greater returns, the...
The Central Bank of Nigeria (CBN) has pegged the maximum transfer from mobile phones using short codes at N100,000. According to a statement from the director, banking and payment system of CBN, Dipo Fatokun,...
The federal government, states and local governments shared N626.8 billion for the month of April. Ahmed Idris, the Accountant-General of the Federation (AGF), said this on Thursday in Abuja, while briefing Journalists on the...
The Lagos State Government on Tuesday said its internally generated revenue for the first quarter of 2018 was N103.476bn, as against N96.7bn recorded in 2017. It added that the IGR was 81 per cent...
“In weak companies the dreamers are expected to serve the planners. In great companies the planners feel inspired to serve the dreamers.” Simon Sinek In weak companies politics win. In great companies – the...
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