…Targets 5% Increase in Market Share through EPC Projects The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd), has announced a…
Read More NETCO posts 137% increase in operating profit for 2023
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/ 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
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday confirmed it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. Online reports had claimed the…
Read More No plan to revoke licences of Unity Bank, Polaris Bank, Keystone – CBN