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Category: Business

Business Economy headline

Buhari flags off oil drilling at Barambu in Bauchi

Iheanyi Ejiofor February 2, 2019 No Comments headline

President Muhammadu Buhari has directed the Nigerian National Petroleum Corporation (NNPC) to extend its exploration to six basins in the country. Buhari gave the directive at Barambu town in Alkaleri…

Read More Buhari flags off oil drilling at Barambu in Bauchi
Business Economy

How Leo won 1m hearts in 12 months…More than 1m Africans now bank on Leo

Iheanyi Ejiofor February 1, 2019 No Comments

With ever-increasing customer expectations of quick service and near real-time transactional support, United Bank for Africa (UBA) committed resources to Artificial Intelligence (AI) a year ago, birthing Leo, a Banking…

Read More How Leo won 1m hearts in 12 months…More than 1m Africans now bank on Leo
Business Economy headline

Coco-Cola completes acquisition of Chi ltd

Iheanyi Ejiofor January 30, 2019 headline

Ebun Francis| The Cola-Cola Company on Wednesday said it has completed the acquisition of Chi Limited. In a statement signed its president, West Africa business unit, Peter Njonjo and made…

Read More Coco-Cola completes acquisition of Chi ltd
Business Economy

CBN says that bank’s CEO’s will be punished over false reports

Iheanyi Ejiofor January 30, 2019

The central bank of Nigeria has warned that bank chiefs who breach its e-payment reporting rules, including submitting/reporting false or inaccurate reports, are to be punished for flaunting its guidelines.…

Read More CBN says that bank’s CEO’s will be punished over false reports
Business Economy headline

Forex: CBN Injects $210m into Inter-Bank Market

Iheanyi Ejiofor January 29, 2019 headline

In continuation of its periodic intervention in the foreign exchange market, the Central Bank of Nigeria (CBN) on Tuesday, January 29, 2019, injected another sum of $210 million into the…

Read More Forex: CBN Injects $210m into Inter-Bank Market

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