CBN, First Bank Court Chinese Counterparts On Healthy Trade Relations
BY EDMOND ODOK – In their bold moves to deepen trade relations between both countries and the African continent, the Central Bank of Nigeria (CBN) and First Bank Nigeria Limited…
ECONOMY
Financial Inclusion: DBN Wins Leadership Award, Pledges More Support For MSMEs
For its unwavering commitment to ensure Micro, Small and Medium Enterprises (MSMEs) in Nigeria, enjoy access to financing options, Development Bank of Nigeria Plc (DBN) has emerged winner of the…
No Succour Yet As CBN Hikes Interest Rate To 27.50%
BY EDMOND ODOK – As predicted by some financial experts, the Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR) to 27.50 percent from the existing…
Zenith Bank Holds Fourth Edition Of Annual Tech Fair In Lagos
The Fourth Edition of the Zenith Bank Tech Fair, tagged “Future Forward 4.0: Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI”, is set to hold on Thursday,…
NDIC Flags Off Defunct Heritage Bank Properties’ Sale
BY COBHAM NSA – Focused on ensuring the timely declaration of liquidation dividends to uninsured depositors of the failed Heritage Bank (In-Liquidation), the Nigeria Deposit Insurance Corporation (NDIC) has commenced…
Dangote Vs. IPMAN: A Serial Monopolist Finally Meets His Match
“Nigeria should have access to a range of supply options, such as local refineries or imports, in order to determine the most competitive and sustainable prices. Regulating a free market…
Cardoso Eyes $1bn Foreign Remittances, Unveils One Year Scorecard
Admits Nigeria lost N6.2trn revenue on exchange rate crisis in 2022 BY COBHAM NSA – Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says increasing foreign remittances…
Tax Reforms: Presidency Assures Northern Govs Of Equity
Says North is not the target, all zones will benefit BY EDMOND ODOK – President Bola Ahmed Tinubu has assured the 19 Northern Governors that contrary to insinuations in the…
Implications Of Dangote Refinery’s Case Against NNPC, Others On Nigeria’s Energy Sector
“the outcome of Dangote’s lawsuit could significantly impact Nigeria’s energy sector. A win for Dangote would encourage local refining, reduce dependence on imports, and potentially lower fuel prices. However, it…
TAJBank Sets Industry Record, Grows Shareholders’ Fund By 960%
Pays 2nd dividend in four years In keeping with its status as Nigeria’s fastest growing non-interest bank, TAJBank Limited has set a new record in the nation’s banking sector history…