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Category: Business

Business Economy headline

NNPC denies it has $470.5 million, N8 billion hidden in banks

Iheanyi Ejiofor September 22, 2018 headline

Ebun Francis| The Nigerian National Petroleum Corporation, (NNPC) on Friday dismissed as “misleading” Thursday’s disclosure by Nigeria police that it recovered about $470.5 million and N8 billion of NNPC funds…

Read More NNPC denies it has $470.5 million, N8 billion hidden in banks
Business Economy

CBN injects N786bn into Polaris Bank, assures depositors of defunct Sky Bank

Iheanyi Ejiofor September 22, 2018 headline

Ebun Francis| Following the revocation of the operating licence of Sky Bank plc on Friday by the central bank of Nigeria (CBN) and its take over by Polaris Bank Limited,…

Read More CBN injects N786bn into Polaris Bank, assures depositors of defunct Sky Bank
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

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