The Nigerian National Petroleum Company (NNPC) Limited recorded a profit after tax (PAT) of N462 billion in May 2026 as crude oil and condensate production rose to its highest level…
Read More NNPC profit dropped to N462bn in May, crude oil production hit one-year highCategory: Business
CBN revokes operating licences of 46 Microfinance Banks
The Central Bank of Nigeria (CBN) on Wednesday announced the revocation of the operating licences of forty-six microfinance banks. According to a statement signed by the apex bank’s Acting Director…
Read More CBN revokes operating licences of 46 Microfinance BanksZenith Bank, Canada-Africa Chamber convene business leaders to advance trade and investment
Zenith Bank Plc reaffirmed its commitment to advancing trade, investment and economic cooperation between Canada and Africa as the Headline Conference Sponsor of the 6th Canada-Africa Business Conference, held on…
Read More Zenith Bank, Canada-Africa Chamber convene business leaders to advance trade and investmentCBN orders Banks to freeze assets of individuals, BDCs linked with terrorism financing
The Central Bank of Nigeria (CBN) has directed banks and all financial institutions to freeze transactions, accounts, and assets linked to six individuals and four Bureau De Change (BDC) operators…
Read More CBN orders Banks to freeze assets of individuals, BDCs linked with terrorism financingNASENI moves to digitize CCB’s 5m assets declaration and operations
The National Agency for Science and Engineering Infrastructure (NASENI) and the Code of Conduct Bureau (CCB) has signed a Memorandum of Understanding (MOU) framework for cooperation in institutional digital systems,…
Read More NASENI moves to digitize CCB’s 5m assets declaration and operations
