N9trn PenCom Fund: Reps threaten bench warrant against Pension Fund Administrators, others

The House of Representatives has threatened to issue a bench warrant to compel Pension Fund Administrators…

FAAC Disburses N660.37bn in February 2019

The Federation Account Allocation Committee (FAAC) disbursed the sum of N660.37bn to the three tiers of…

CBN Communiqué No. 123 of the MPC Meeting – Mar 25-26, 2019

Background  The Monetary Policy Committee (MPC) met on the 25th and 26th March, 2019; against the backdrop of…

Standard Alliance Assurance Company Sues Midwestern Oil

By Our reporter In a bid to safeguard their right, ten staffs of Standard Alliance Assurance…

Standard Bank to close 91 branches; 1200 staff to be impacted

Standard Bank will close 91 branches in South Africa, with the vast majority of these closing…

Breach of contract: Supreme Court orders Stanbic IBTC pay customer N2.5billion

The Supreme Court of Nigeria has affirmed the judgment of a Federal High Court sitting in…

Access Bank MD, three others face N2.5billion fraud charge

By Our Reporter The Special Fraud Unit (SFU) of the Nigeria Police Force, Milverton Road, Ikoyi,…

BPE inaugurates 4 committees to address challenges of privatized utilities

Pix: Mr. Alex Okoh, BPE DG BY ONYEKA AJUMOBI ONOCHIE In its determination to ensure that…

CBN bans sale of forex to textile importers

BY ONYEKA AJUMOBI ONOCHIE The Central Bank of Nigeria (CBN) has banned sales of foreign exchange…

I remain CBN governor, says Emefiele

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday dismissed claims in…

FIRS generates N12.6trn revenue in three years

The Federal Inland Revenue Service said it generated N12.62 trillion in revenue in the last three…

Dangote, The Man That Used Cement To Build His Fortune

We woke up to a report that ‘Our’ (because sucess has many friends) Aliko Dangote, President…

First Bank marks 125th anniversary, reassures commitment to Nigeria’s devt.

First Bank of Nigeria Limited on Friday said that it would remain committed to the development…

Dangote Emerges 64th Richest Man Worldwide

President of Dangote Group, Aliko Dangote, has emerged 64th richest person in the world, with an…

FAAC SHARES N610.368billion TO FG, STATES AND LGs IN FEBRUARY 2019

BY ONYEKA AJUMBI ONOCHIE The Federation Accounts Allocation Committee (FAAC) has shared to the three tiers…

Infrastructure gap: SEC to invest in green bonds

By Onyeka Ajumobi Onochie The Securities and Exchange Commission (SEC) has said that the nation’s huge…

Nine companies invested N277.417 billion in three months – NIPC

By Onyeka Ajumobi Onochie The Nigerian Investment Promotion Commission (NIPC) has said that nine Nigerian companies,…

Customer sues Zenith Bank N6.4 billion over excessive and illegal charges

By Our Reporter A federal high court sitting in Lagos has adjourned  for further hearing in…

Europe’s largest bank, HSBC, misses expectations in 2018 earnings

HSBC, headquartered in London, reported full-year earnings on Tuesday The largest bank in Europe says 2018…

TCN COMPLETES INSTALLATION OF 300MVA POWER TRANSFORMER IN ALAOJI DELIVERS BRAND NEW 150MVA POWER TRANSFORMER TO KUMBOTSO

BY ONYEKA AJUMOBI ONOCHIE The Transmission Company of Nigeria (TCN) has completed the installation and commissioning…