archiveMay 13, 2016

The overnight interbank rate climbed sharply on Friday to an average of 8.5 percent, 4.5 percentage points higher than last week's close on payment for bond purchases and on Assets Management Company of Nigeria (AMCON) contributions. According to Reuters’ report monitored by Business247, Nigeria's commercial lenders in 2010 agreed to...

The city of Egbeda and Sango-Otta came alive yesterday as thousands of upcoming Fuji artistes trooped to Havannah Hotels, Egbeda and Maridom Palace Hotel, Sango-Otta the venues for the auditions of the annual Fuji music talent hunt, Goldberg Fuji t’o Bam, to battle for the Wura 1 crown of Fuji...

The Central Bank of Nigeria (CBN) has cautioned bank customers over activities of unscrupulous individuals who demand banks details under the pretext of being Customer Care representatives of the regulator. CBN in its circular noted that bank customers are falling prey to the activities of unscrupulous individuals who demand for...

By ABDUL OLALEKAN With over N5.3 trillion pension fund waiting to be used for investment, the Director General of the National Pension Commission (PenCom), Mrs. Chinelo Anohu-Amazu, is set to explain how the fund could be utilized for economic growth and diversification of the nation’s economy at the National Lecture...