Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 bn for the Full Year 2022. This was made known in the Bank’s unaudited statement of…
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Category: Business
CBN clarifies old Naira acceptance after deadline, says measure will be subject to certian conditions
Our reporter| The Central Bank of Nigeria (CBN) has clarified Tuesday’s position of Godwin Emefiele, the apex bank boss that the old N200, N500, and N1,000 will be accepted after…
Read More CBN clarifies old Naira acceptance after deadline, says measure will be subject to certian conditions
NNPC takes over Addax Petroleum assets
Our reporter| The Nigerian National Petroleum Company (NNPC) Limited ON Tuesday said it has taken over Addax Petroleum’s production sharing contract (PSC) assets. Addax is owned by Sinopec, a state-owned…
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UPDATED: Banks will accept old naira notes after deadline, says Emefiele
Banks will continue to accept old naira notes after the stipulated deadline, governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said. Emefiele, who made the disclosure on…
Read More UPDATED: Banks will accept old naira notes after deadline, says Emefiele
Emefiele finally appears before reps committee, defends Naira redesign policy
Our reporter| The Central Bank Governor (CBN), Godwin Emefiele, on Tuesday made the long awaited appearance before the ad-hoc committee of the House of Representatives which is investigating the scarcity…
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