Ebun Francis At the end of its Monetary Policy Committee (MPC) meeting Teusday, the Central Bank of Nigeria (CBN) has called on the the Federal Government to settle its domestic…
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Category: Business
MPC Meeting Ends With Rates Unchanged
Ebun Francis In the face of worsening economic crisis, the Central Bank’s Monetary Policy Committee has decided to retain current interest rates. Godwin Emefiele, the CBN governor briefed journalists on the…
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1,500 workers risk job loss as Erisco quits Nigeria for China, Kenya
Erisco Foods, one of Africa’s top tomato paste maker, owned by Eric Umeofia, says it is quitting Nigeria for Kenya, Cameroon, Cote d’Ivoire and Ethiopia. Umeofia, who confirmed the development in…
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Fidelity Bank posts N110.3b gross earnings in Q3
Ebun Francis .Names new chairman Fidelity Bank Plc has recorded gross earnings of N110.3 billion in its unaudited financial results for nine months ended September 30. The figure was an…
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CBN warns against patronage of ‘Wonder banks’
Ebun Francis For many Nigerians who are being lured by the prospect of quick and easy money,the Central Bank of Nigeria on Monday warned them against patronising what it called…
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