Category: Business
CBN raises commercial banks’ capital base
The Central Bank of Nigeria, CBN, has announced the increment of the capital base for commercial banks with international authorisation to N500 billio [...]
FAAN shuts down KFC outlet in MMIA, instructed to tender apology for discriminating against Gbenga Daniel’s physically challenged son
Following a social media report by Adebola Daniel, a son to Gbenga Daniel, former governor of Ogun State, alleging discriminatory treatment he receive [...]
MoneyMaster named payment partner for ‘Ounje Eko’
Nigeria's leading payment service bank, MoneyMaster Payment Service Bank Limited (MMPSB), has been appointed a collection and payment partner by the L [...]
Binance speaks on detained executive escaping from custody in Nigeria
Crypto exchange platform, Binance has disclosed that it was informed that one of its executive, Nadeem Anjarwallawho was detained in Nigeria for tax e [...]
‘Show evidence of forex payment backlog,’ Foreign airlines tell FG
President of the Association of Foreign Airlines and Representatives in Nigeria, AFARN, Kingsley Nwokeoma, has asked the federal government to show ev [...]
Panic in banking circles as CBN governor sends special examiners to look into ‘cooked books’ of banks over N20trn owner related loans
Some major Nigerian banks are in a state of panic as Olayemi Cardoso, the governor of Central Bank of Nigeria, CBN governor Olayemi Cardoso has began [...]
Abia secures $125m loan from Islamic Development Bank to implement 2024 budget
Abia State Governor, Alex Otti, says the state government plans to secure loans to implement the 2024 budget, adding that already, the Islamic Develop [...]
Adaora Umeoji replaces Ebenezer Onyeagwu as Zenith Bank GMD/CEO
Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji OON as its new Group Managing Director/Chief Executive Officer (GMD/CEO) wit [...]
MoneyMaster PSB celebrates Global Money Week
Nigeria’s leading payment service bank, MoneyMaster Payment Service Bank Limited (MMPSB), has joined corporate entities and multinational companies ac [...]
Group petitions IGP, security agencies, seek prosecution of Onajite Okoloko for corruption, criminal breach of trust
A coalition of civil society groups and non-governmental organizations has called on the Inspector General of Police, Kayode Egbetokun and other [...]