Fidelity Bank Plc has concluded all necessary arrangements to raise a total of up to N127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred Million Naira) by way of a Rights Issue…
Read More Fidelity Bank undertakes a N29.6bn Rights Issue and N97.5bn public offer
Our reporter/ A bill for an Act to ban open grazing and establish ranches as an antidote for the perennial violent clashes between sedentary farmers and nomadic herders in Nigeria,…
Read More Bill to ban open grazing scales second reading in Senate after heated debate
Our reporter/ The federal high court in Lagos has granted an order of interim forfeiture of properties valued at N11,140,000,000.00 linked to the embattled former Central Bank of Nigeria (CBN)…
Read More Again, Court orders forfeiture of N11.14bn choice properties linked to Emefiele
Our reporter/ The Nigerian Deposit Insurance Corporation (NDIC) on Wednesday said the payment of depositors at Heritage Bank will commence before the end of the week. The Managing Director of…
Read More NDIC to repay Heritage bank customers within one week
Nigeria’s current account balance has experienced a surplus of $1.432bn in 2024, according to a report by the International Monetary Fund (IMF). The report, ‘World Economic Outlook Database’, noted that…
Read More Nigeria’s current account balance up by $1.43bn – IMF