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Category: Business

Business Economy

13 Fidelity Bank customers win N15m cash prizes

Iheanyi Ejiofor November 16, 2017

Thirteen customers of Fidelity Bank Plc on Thursday won N15 million in its “Get Alert in Million’’ Promo Reloaded. The News Agency of Nigeria (NAN) reports that 11 lucky bank…

Read More 13 Fidelity Bank customers win N15m cash prizes
Business Economy

Securities, term loans lift UBA performance in Q3

Iheanyi Ejiofor November 16, 2017 headline

Alabingo Finance Report || The United Bank for Africa (UBA) took advantage income from foreign exchange trading and term loans to corporate organizations to post a double digit profit-after-tax (PAT)…

Read More Securities, term loans lift UBA performance in Q3
Business Economy

Eurobonds account for a fifth of Nigeria’s $66.6 bn in foreign debt

Iheanyi Ejiofor November 15, 2017 headline

Eurobonds made up more than a fifth of Nigeria’s $66.63 billion foreign debt portfolio as of September and more than half of interest paid in the third quarter, the Debt…

Read More Eurobonds account for a fifth of Nigeria’s $66.6 bn in foreign debt
Business Economy

Naira Remains Strong as CBN Pumps in $195m

Iheanyi Ejiofor November 13, 2017 headline

The Central Bank of Nigeria has continued its sustenance of FOREX liquidity by injecting another $195 million into the Inter-bank Foreign Exchange Market, even as the Naira maintains its strength.…

Read More Naira Remains Strong as CBN Pumps in $195m
Business Economy

We Invested N700m on IT Infrastructure, Human Capital and Civil Works, Not Website

Iheanyi Ejiofor November 12, 2017 headline

Ebun Francis || The ministry of mines and power on Sunday denied claims that it spent N700m to build a website. Abbas Mohammed, the permanent secretary of the ministry who…

Read More We Invested N700m on IT Infrastructure, Human Capital and Civil Works, Not Website

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