Stanchart Appoints Executive Director
The Standard Chartered Bank Ghana PLC now employs Mr. Asante as its chief financial officer. He started working at Standard…
Day: April 3, 2023
Former Arik Management and AMCON Quarrel over the Acquisition of an Airline
The Federal High Court’s Friday ruling in Lagos has sparked a dispute between Asset Management Company of Nigeria (AMCON) management…
Leadway Achieves N104.4 Billion In Total Premium, Being The First Insurance Company
Leadway has become the first insurance business in Nigeria to reach the 3-digit billion milestone.With total premiums collected of N104.4…
Kenya Lost its Position as ATI’s Primary Stockholder.
After undisclosed new cash injections into the pan-African Institution, Togo and Benin have surpassed Kenya as the leading shareholders of…
Removal of Subsidies Will Enable N7trn’
Dr. Muda Yusuf, the chief executive officer of the Center for the Promotion of Private Enterprise (CPPE), listed the advantages…
LFZ completes the N17.5 billion 20-year Series 3 Infrastructure Fixed Rate Issuance
The Lagos Free Zone Corporation (“LFZC or LFZ”) has announced the successful issue of a N17.5 billion 20-Year Series 3…
Sterling Bank stock trading is halted on NGX
The Nigerian Exchange Limited’s trading floor has halted all activity in Sterling Bank shares. The suspension, according to a notification…
Chinese Loans Increased by 209% Under Buhari, Reaching $4 billion.
Under Major General Muhammadu Buhari, the amount borrowed by the Federal Government from China has increased by 209.15 percent (retd.)…
OPEC and its Partners Start New Oil Output Curbs.
The Organization of Petroleum Exporting Countries and its partners, known as OPEC+, announced voluntary cutbacks to their crude oil output…
NEPZA: Free-trade Zones Would Generate N35.1 billion in Customs Duty.
The Free Trade Zones (FTZs) Programme, according to the Nigeria Export Processing Zones Authority (NEPZA), brought in a total of…
FIRS and NCDMB Offer a 20% Tax Refund to Encourage Investment in the Oil Business.
Oil and gas businesses seeking to lower their tax obligations and increase profitability by investing in R&D are being offered…
Banks Reimburse Consumers with Soiled, Damaged Notes, Easing the Cash Shortage.
This comes after numerous commercial banks over the weekend paid consumers with naira notes in person and through automated teller…
Firm will Introduce Merchant Financing Program.
Akshay Grover, the chief executive officer of the Pan-African fintech company Cellulant Group, which has operations in 18 countries, stated…
Oseni Becomes the Next Substantive MD of Wema Bank.
Moruf Oseni will serve as the managing director and CEO of Wema Bank Plc, with effect from April 1, 2023.…
Lack of Foreign Currency and Rising Aviation Fuel Prices are to Blame for Higher Airfares.
Airlines have faced significant challenges as a result of the high cost of aviation fuel, which accounts for a sizable…