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Category: Economy

Economy headline

Access Bank staff lay-off continues despite CBN directive

Iheanyi Ejiofor May 13, 2020 No Comments Access Bank staff lay-off continues despite CBN directive

By our reporter| More than one week after the Central Bank of Nigeria (CBN) halted lay-offs by banks, there are strong indications that Access Bank Plc. has not retracted from its planned reduction…

Read More Access Bank staff lay-off continues despite CBN directive
Business Economy headline

CBN to fund research for a Nigerian COVID-19 vaccine – Emefiele

Iheanyi Ejiofor May 12, 2020 No Comments #CBN to fund research for a Nigerian COVID-19 vaccine – Emefiele

By our reporter| Central bank of Nigeria governor, Godwin Emefiele, on Tuesday said the apex bank “is developing a framework” through which it can provide financial support to achieve a…

Read More CBN to fund research for a Nigerian COVID-19 vaccine – Emefiele
Business Economy

FOREX REPATRIATION: Emefiele assures investors

Iheanyi Ejiofor May 10, 2020 No Comments #FOREX REPATRIATION: Emefiele Assures Investors

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has assured investors of the security of their investments in the country despite dwindling revenue from the sale of crude…

Read More FOREX REPATRIATION: Emefiele assures investors
Business Economy headline

Fresh $319m Abacha loot in UK and France, says US

Iheanyi Ejiofor May 7, 2020 No Comments #Fresh $319m Abacha loot in UK and Francesays US

By our reporter| The US embassy in Nigeria on Thursday said another $319m (N121bn) looted by Sani Abacha, former military dictator, is in the United Kingdom and France. In a…

Read More Fresh $319m Abacha loot in UK and France, says US
Banks | Financial Institutions Business Economy

UBA rewards 100 customers with N100,000 amid COVID 19 meltdown

Iheanyi Ejiofor May 7, 2020 No Comments #UBA rewards 100 customers with N100000 amid COVID 19 meltdown

Pan African Financial institution, United Bank for Africa (UBA) Plc has again given its loyal customers reason to cheer  as it rewarded 100 loyal customers with N100,000 each in the…

Read More UBA rewards 100 customers with N100,000 amid COVID 19 meltdown

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