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Wednesday, August 12, 2020
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Banks to seize defaulter’s funds in other banks

Guidelines on the Global Standing Instruction (GSI) issued by the Central Bank of Nigeria, has granted banks the right to seize loan...

Naira crashes to N463 at black market, as ECA drops to N72.41m

The Naira fell to N463 to a dollar on the black market Thursday from 461 the previous session after the Central Bank of...

PepsiCo Appoints Segun Agbaje as Board Member

PepsiCo, Inc. has announced that its Board of Directors has elected Segun Agbaje, Managing Director and Chief Executive Officer of Guaranty Trust...

Forex constraint devalues naira to N380 per dollar

The CBN has however retained N360 as its official exchange rate on its website as of Friday. Shortage...

Unity Bank Refutes Claims Of Secret Account Operated By NPA

The clarification has become necessary following certain online reports citing the whistleblower’s petition to President Muhammadu Buhari. The...

World Bank approves $750m for Nigeria’s power sector recovery

This is ultimately what is needed to lift 100 million Nigerians out of poverty. The World Bank has...

Unity Bank, Dynamiss partner to boost e-learning

Unity Bank Plc has forged a collaborative partnership with Dynamiss, a digital learning solutions provider, to provide low-interest credits to schools to boost...

Mass Sack: 116 Ex-Employees Drag UBA To Court, Seek Payment Of 2bn For Unjust Dismissal

About 116 staff of United Bank For Africa (UBA) who were recently sacked have dragged the apex bank before an industrial court...

GTBank named Africa’s most admired finance brand

Guaranty Trust Bank plc has been ranked Africa’s Most Admired Finance Brand in the 10th-anniversary rankings of Brand Africa 100: Africa’s Best...

CBN adjusts timelines for reversal of ATM, PoS, other errors

The Central Bank of Nigeria has adjusted timelines for reversals or resolution of refund complaints on electronic channels with effect from June...

Coronavirus: Nigeria issues fresh directives to banks, offices

The National Coordinator of the Presidential Task Force on COVID-19, Sani Aliyu, has asked banks and offices to start adjusting their structure,...

Dollar Trades N445 at Black Market Friday

At the close of the first week of the easing of lockdown on Friday, the Naira depreciated as much as N8 against...
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#BBNaija: Eric and Tochi evicted from Big Brother house

Eric and Tochi have been sent away from theBig Brother Naija reality TV show, making them the second batch of housemates to...

Lagos churches resume, comply with COVID-19 guidelines

Churches in FESTAC Town in Amuwo Odofin area of Lagos State complied with the COVID-19 protocols as they resumed worship on Sunday.

Obaseki vs Ize-Iyamu: I have no candidate – Oba of Benin tells APC delegates

The Oba of Benin, Oba Ewuare the 11, has appealed to the political parties participating in the Edo state governorship 2020 election...

COVID-19: SERAP asks World Bank to ‘tread carefully in disbursing $114.28m credit for Nigeria’

Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to the World Bank President Mr David Malpass, urging him to...