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…
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Category: Economy
Only 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 Bank
CBN 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…
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UBA shareholders approve N22.23bn dividend for 2017
United Bank for Africa (UBA), on Monday, endorsed the payment of N22.23 billion final dividend declared by the board for the financial year ended Dec. 31, 2017. The News Agency…
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Fear grips OPEC, Russia as U.S oil floods Europe
Emeka Ejere | As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits – and flooding Europe with a record amount of crude. Russia…
Read More Fear grips OPEC, Russia as U.S oil floods Europe