UBA Announces Appointment Of New DMDs For Nigeria, Africa
United Bank for Africa Plc (UBA), has announced the appointments of Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors in charge of UBA's Nigeria and A
Naira To Appreciate Over Forex Unification Plans, Says Experts
As the planned unification of Nigeria's multiple foreign exchange windows by the Central Bank of Nigeria gain momentum, financial experts have predicted positiv
Nigeria’s Debt To Revenue Ratio Worsens As Public Debt Increases
Nigeria's debt to revenue ratio is set to deteriorate further as the country's total public debt rose to $79.5 billion (N28.63 trillion) as of the first quarter
FAAN Announces New Guidelines For Air Travelers
Following the approval that flight operations recommence gradually at the nation's airports effective July 8, the Federal Airports Authority of Nigeria has rele
Forex Market: Uncertainty Persists Despite Naira Gains Against Dollar
Despite the improved turnover recorded on Thursday, the volatility and uncertainty of the forex market still persist due to accumulated demand and
COVID-19 Stalls Nigerian Ship Owners Election
The Nigerian Shipowners Association (NISA) Steering Committee Has Blamed The Social Distancing Protocol Put In Place By The Federal Government To Prevent The Sp
Shipowners Stranded At Jetties As Oil Majors Insist On AICS Classification – NIS President
The President of the Nigerian Institute of Shipping (NIS), Capt. Tony Onoharigho, has expressed worry at the joblessness of several Nigerian class societies rec
International Passengers To Wait A Bit Longer – Aviation Ministry
Passengers looking to travel out of the country will have to wait a bit longer as the date for the restart of international flights into and out of the country
Zenith Extends Lead, Retains Position As Nigeria’s Number One Bank
Zenith Bank Plc climbed a whopping 29 spots from 415 in 2019 to 386 in the 2020 global ranking of banks, retaining its position as the number one Tier-1 bank…
AfDB Appoints 3-man Panel To Review Allegations Against Adesina
Boards of Governors of the African Development Bank (AfDB) has appointed a 3-person committee constitute a High-Level Panel of Independent to review the report
FG Announces New Dates For Domestic Flight Operations
The Federal Government has announced the resumption schedule for domestic flight operations in the country's airports. In the schedule that was announced by the
FG Makes More Money From Stamp Duties During COVID-19
The Federal Inland Revenue Service (FIRS) said it realized more money from stamp duties collection in the first half of 2020 than what was realized in the first
Access Bank In Panic Mode
In a quick attempt to kick start a damage control, Access Bank is launching code "901"911#. The USSD code allows customers deactivate their USSD profile once th
Investors Lose As Nigerian Bourse Reverses Gains
Investors again lost about N198. 05 billion with market capitalization declining to N12.952 trillion as trading on the floor of the Nigerian bourse closed on a
Nigerian Banks Profitability Under Threat
The profitability of Nigerian Banks in the medium term may be under threat following rising inflation and increased government borrowing that was caused by the
FG Shifts Implementation Of New Electricity Tariff Hike From July 1st
Leadership of the National Assembly after a meeting with the National Electricity Regulatory Commission and DisCo representatives have agreed to shift the imple
FG Merges CAC, Tax ID Registration For Business Owners
In its drive to promote the ease of doing business in Nigeria, business owners who register their organizations with the Corporate Affairs Commission (CAC) woul
Crude Oil Begins New Week On A Bearish Note
Crude oil prices began the week on a bearish note as COVID-19 caseloads rose in several places around the world, making some countries resume partial lockdowns
Coronavirus Vaccine: AstraZeneca Boosts Potential Supply To 2bn
Image copyright Getty Images AstraZeneca said it will be able to supply two billion doses of a potential virus vaccine following two new deals. The previous mon
Tesla's Elon Musk Calls For Breakup Of Amazon In Tweet
Telsa chief executive officer Elon Musk on Thursday (June 4) called for Amazon.com to be broken up. "Time to break up Amazon. Monopolies are wrong!" M