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Category: Economy

Business Economy

Sanwo-Olu commissions UBA business office at new ultra-modern Afriland towers

Iheanyi Ejiofor March 2, 2020 No Comments

The United Bank for Africa (UBA) last Friday, officially added a new touch point to its network. UBA operates in 20 African countries and in the United Kingdom, the USA,…

Read More Sanwo-Olu commissions UBA business office at new ultra-modern Afriland towers
Business Economy

CBN warns banks against misleading customers on domiciliary account

Iheanyi Ejiofor February 25, 2020 No Comments #CBN warns banks against misleading customers on domiciliary account

The Central Bank of Nigeria on Monday cautioned Banks in the country against misleading their customers on transactions carried out through domiciliary accounts. In a letter dated February 24, 2020,…

Read More CBN warns banks against misleading customers on domiciliary account
Economy

MPC calls for review of capital requirement of banks

Iheanyi Ejiofor February 21, 2020 No Comments MPC calls for review of capital requirement of banks

The Central Bank of Nigeria CBN-led Monetary Policy Committee, MPC, has advocated for a review of capital requirement of banks in the country. Folashodun Shonubi, deputy governor, operations directorate, CBN…

Read More MPC calls for review of capital requirement of banks
Economy headline

FG, States, LGs share N647.35bn for January

Iheanyi Ejiofor February 20, 2020 No Comments FGLGs share N647.35bn for JanuaryStates

The Federal, States and Local Governments on Wednesday shared a total of N647.35 billion for the month of January as the Federation Account Allocation Committee (FAAC) meeting ended in Lagos.…

Read More FG, States, LGs share N647.35bn for January
Business Economy headline

Show capacity or step aside for other investors, FG warns DisCos

Iheanyi Ejiofor February 20, 2020 No Comments #Show capacity or step aside for other investorsFG warns DisCos

Ebun Francis| The federal government on Wednesday asked electricity distribution companies (DisCos) in the country to either show they have capacity or step aside for other investors as government cannot…

Read More Show capacity or step aside for other investors, FG warns DisCos

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