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Category: Business

Business Economy headline

41 banned items not qualified under Nigeria-China currency swap- CBN

Iheanyi Ejiofor May 20, 2018 headline

Emeka Ejere| The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items banned in its 2015 circular on items…

Read More 41 banned items not qualified under Nigeria-China currency swap- CBN
Business Economy headline

AMCON takes over Stella Oduah’s assets

Iheanyi Ejiofor May 18, 2018 headline

The Asset Management Corporation of Nigeria (AMCON) on Friday said it has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to Sen. Stella Oduah-Ogiemwonyi over an…

Read More AMCON takes over Stella Oduah’s assets
Business Economy

Supreme court rules that Akingbola has case to answer in N5bn fraud suit

Iheanyi Ejiofor May 18, 2018 headline

The Supreme Court on Friday ruled that, Erastus Akingbola, the former managing director of the now-defunct intercontinental bank plc, has a case to answer his alleged five billion Naira fraud…

Read More Supreme court rules that Akingbola has case to answer in N5bn fraud suit
Business Economy headline

CBN lifts retail SMIS with $293m

Iheanyi Ejiofor May 18, 2018 headline

The Central Bank of Nigeria (CBN) on Friday, May 18, 2018, lifted the Retail Secondary Market Intervention Sales (SMIS) of the Inter-bank Foreign Exchange Market with the sum of $293m.…

Read More CBN lifts retail SMIS with $293m
Business Economy headline

UBA innovates with another first, ‘UBA Learn’ targeted at empowering students

Iheanyi Ejiofor May 18, 2018 headline

The pan-African Financial Institution, United Bank for Africa(UBA) has introduced a unique and innovative product, called ‘UBA Learn’ targeted at helping students achieve all round academic success. The Product, an online…

Read More UBA innovates with another first, ‘UBA Learn’ targeted at empowering students

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