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Category: Economy

Business Economy headline

Nigeria’s current account balance up by $1.43bn – IMF

Iheanyi Ejiofor June 5, 2024 No Comments IMF

Nigeria’s current account balance has experienced a surplus of $1.432bn in 2024, according to a report by the International Monetary Fund (IMF). The report, ‘World Economic Outlook Database’, noted that…

Read More Nigeria’s current account balance up by $1.43bn – IMF
Business Economy headline

No plan to revoke licences of Unity Bank, Polaris Bank, Keystone – CBN

Iheanyi Ejiofor June 4, 2024 No Comments #Bank license#CBN#Key stone bank#Polaris Bank#revoke#Unity bank

Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday confirmed it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. Online reports had claimed the…

Read More No plan to revoke licences of Unity Bank, Polaris Bank, Keystone – CBN
Business Economy

Zenith recognised as most sustainable Bank in Nigeria

Iheanyi Ejiofor June 3, 2024 No Comments #Jim Ovia#Zenith Bank

Zenith Bank Plc has been named the ‘Most Sustainable Bank, Nigeria’ in the International Banker 2024 Banking Awards, retaining the title for the second consecutive year. Commenting on the award,…

Read More Zenith recognised as most sustainable Bank in Nigeria
Business Economy headline

Why CBN revoked operating licence of Heritage Bank

Iheanyi Ejiofor June 3, 2024 No Comments #CBN#Hakama Ali#Heritage bank#operating licence

Our reporter/ The Central Bank of Nigeria (CBN), on Monday revoked the banking licence of Heritage Bank Plc with immediate effect. According to a statement by the Ag. Director, Corporate Communications…

Read More Why CBN revoked operating licence of Heritage Bank
Business Economy headline

NNPC Ltd sustains march towards regulatory excellence

Iheanyi Ejiofor June 2, 2024 No Comments #NIMASA#NNPC

…As company bags NIMASA compliance certification on ship, port security The NNPC Ltd has reiterated its commitment to sustain the Company’s march towards process improvement, regulatory compliance and performance excellence.…

Read More NNPC Ltd sustains march towards regulatory excellence

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