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Category: Business

Business Economy

UBA appoints four new board members

Iheanyi Ejiofor August 31, 2018

The Board of Directors of the United Bank for Africa is pleased to announce the appointment of four new members to its board, subject to the approval of the Central…

Read More UBA appoints four new board members
Business Economy headline

MTN fights back, says CBN approved all its dividend payments

Iheanyi Ejiofor August 30, 2018 headline

MTN Nigeria on Thursday said the central bank of Nigeria,(CBN) approved all dividends it paid to its shareholders between 2007 and 2015 contrary to the claim by the apex bank…

Read More MTN fights back, says CBN approved all its dividend payments
Business Economy headline

No president influenced my decision as governor of CBN- Sanusi

Iheanyi Ejiofor August 30, 2018 headline

Emir of Kano and former governor of Nigeria’s central bank, Sanusi Lamido Sanusi, has said that he was not influenced by any president in taking decisions while served as boss…

Read More No president influenced my decision as governor of CBN- Sanusi
Business Economy headline

CBN slams heavy Sanctions on Diamond Bank, three others

Iheanyi Ejiofor August 30, 2018 headline

….Standard Chartered – N2.4 bn …Stanbic IBTC                   – N1.8 bn …Citibank                           – N1.2 bn …Diamond Bank        – N0.25 bn …writes MTN to refund $8 billion The Central…

Read More CBN slams heavy Sanctions on Diamond Bank, three others
Business Economy

CBN uplifts forex market with $210m

Iheanyi Ejiofor August 28, 2018 headline

The Central Bank of Nigeria (CBN), has injected another sum of $210 million into the Inter-bank Foreign Exchange Market, in its desire to ensure that forex is available for customers’…

Read More CBN uplifts forex market with $210m

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