Press Release| The federal government and four companies led by General Electric have signed an agreement to start the interim phase of the Nigerian narrow-gauge railway concession. According to a…
Read More FG signs interim agreement for railway concessionCategory: Economy
FCMB shareholders approve N1.98bn dividend
Emeka Ejere | Shareholders of FCMB Group Plc on Friday at the Annual General Meeting approved a dividend of N1.98 billion for the financial year ended Dec. 31, 2017. They…
Read More FCMB shareholders approve N1.98bn dividendDiamond bank shuts down UK operations
Ebun Francis | Diamond Bank Plc on Wednesday announced the closure of its London operation in line with its objectives of streamlining its operations to focus its resources on the…
Read More Diamond bank shuts down UK operationsOnly 40% of Nigerian adults are banked — World Bank
Emeka Ejere| The financial inclusion target of the Central Bank of Nigeria (CBN) seems farfetched as the World Bank has put the number of unbanked Nigerians adults at about 100 million. According…
Read More Only 40% of Nigerian adults are banked — World BankCBN injects $210m into currency market
Emeka Ejere| The Central Bank of Nigeria (CBN) said on Tuesday it had injected $210 million into the interbank foreign exchange market, extending efforts to improve liquidity and alleviate dollar…
Read More CBN injects $210m into currency market
