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Category: Business

Business headline

Abia Govt. to establish microfinance bank to assist SMEs – Commissioner

Iheanyi Ejiofor September 21, 2018 headline

Mr Gabriel Igboko, Abia Commissioner for Small and Medium Enterprises (SMEs), says the State Government has concluded plans to establish SME microfinance bank in October to assist small scale entrepreneurs…

Read More Abia Govt. to establish microfinance bank to assist SMEs – Commissioner
Business

AON commends FG for suspension of Nigeria Air

Iheanyi Ejiofor September 21, 2018

The Airline Operators of Nigeria (AON) has commended the Federal Government for suspending the proposed new National Carrier, Nigeria Air. In a statement on Friday it said, “The Airline Operators…

Read More AON commends FG for suspension of Nigeria Air
Business Economy headline

Why we revoked Sky Bank’s license- CBN

Iheanyi Ejiofor September 21, 2018 headline

Ebun Francis| The central bank of Nigeria (CBN) on Friday withdrew the operating licence of Sky Bank Plc. Godwin Emefiele, the apex bank governor told Journalists at a press conference…

Read More Why we revoked Sky Bank’s license- CBN
Business Economy

Forex: CBN injects $317.52m, CNY 58.40m into Retail SMIS

Iheanyi Ejiofor September 21, 2018 headline

The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total of $317.52million in that segment of the market…

Read More Forex: CBN injects $317.52m, CNY 58.40m into Retail SMIS
Business Economy headline

Italian court jails Nigerian involved in malabu (OPL245) oil deal

Iheanyi Ejiofor September 20, 2018 headline

A court in Milan, Italy has sentenced a Nigerian, Emeka Obi and Gianluca Di Nardo, an Italian, to a four-year jail term for their complicity in a bribery scandal linked…

Read More Italian court jails Nigerian involved in malabu (OPL245) oil deal

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