….Standard Chartered – N2.4 bn …Stanbic IBTC – N1.8 bn …Citibank – N1.2 bn …Diamond Bank – N0.25 bn …writes MTN to refund $8 billion The Central…
Read More CBN slams heavy Sanctions on Diamond Bank, three others
Category: Economy
AfDB, FAO to raise $100m for agriculture in Nigeria, others
By Emeka Ejere The African Development Bank (AfDB) and the Food and Agricultural Organisation (FAO) have agreed to commit $100 million to fight hunger in Africa. The joint…
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Peter Obi: Nigeria’s poverty level on the rise
By Emeka Ejere Less than 24 hours after British Prime Minister, Theresa May described Nigeria as the country with the highest number of poor people in the world, former…
Read More Peter Obi: Nigeria’s poverty level on the rise
Oil price rises on Iran sanctions
Oil markets were stable on Wednesday, buoyed by falling supplies from Iran ahead of U.S. sanctions but held in check by rising production outside the Organization of the Petroleum Exporting…
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CBN uplifts forex market with $210m
The Central Bank of Nigeria (CBN), has injected another sum of $210 million into the Inter-bank Foreign Exchange Market, in its desire to ensure that forex is available for customers’…
Read More CBN uplifts forex market with $210m