archiveMarch 2018

As part of its retail banking strategy, Unity Bank recently rolled out its agent banking services in the North Western states of Kano and Jigawa as a vehicle to reach out to the unbanked and deepen financial inclusion. In line with Central Bank of Nigeria’s financial inclusion mandate, Unity Bank...

  The Financial Stability Report (FSR) released by the Central Bank of Nigeria (CBN) showed that commercial banks in the country contributed ₦190.89 billion to the Banking Sector Resolution Cost Trust Fund (BSRCTF) Sinking Fund from January to June 30, 2017. The sinking fund mandates commercial banks to contribute five...

  FSDH Research expects the inflation rate (year-on-year) to drop to 14.31 per cent in February 2018 from 15.13 per cent recorded in the month of January 2018. The expected decrease in the inflation rate is largely attributable to the base effect of previous year. FSDH Research notes that there...

The business educational development of Northern Nigeria took a new turn at the weekend when the renowned businessman, Aliko Dangote donated a N1.2 billion ultra-modern business school edifice to the Bayero University, Kano, (BUK), first of such in the northern part of the country. Christened Dangote Business School, the business...

The All-Share Index and Market Capitalization of the Nigerian Stock Exchange (NSE) appreciated by 0.72 per cent and 0.82 per cent to close the week at 42,876.23 and N15.403 trillion respectively. Similarly, all other indices finished higher during the week with the exception of the NSE ASeM, NSE Banking and...

  *Buhari administration is building a bright future for Nigeria’s youths *On Dapchi & other security hotspots: WE ARE WORKING ON ENSURING EFFECTIVE SECURITY   Interview Part Two   Q: Revamping Nigeria’s education system. Vice President: If you will recall about a few months ago, I think it was in...

  National Bureau of Statistics (NBS) Trade in Goods statistics for fourth quarter (Q4) 2017 has shown that the country exported N232.05 billion worth of manufactured goods during the year. “For the full year 2017, exports of manufactured goods grew 26.8 percent to N232.05 billion above the value of N182.9...

The Peoples Democratic Party (PDP) has congratulated former President Olusegun Obasanjo on the occasion of his 81st birthday. In a statement by PDP National Publicity Secretary, Kola Ologbondiyan in Abuja on Sunday, the party described Chief Obasanjo as an outstanding nationalist; a courageous and dedicated leader, who has made immeasurable...

The Nigerian National Petroleum Corporation (NNPC) has said that spends N774 million daily in keeping the official price of petrol at N145 at filling stations. The NNPC noted that the daily expenditure was triggered by a heightened petrol consumption rate of 50 million litres per day, occasioned by the proliferation...

The Joint Admissions and Matriculation Board (JAMB) has directed candidates for the 2018 UTME to start printing their examination notification slip from Tuesday, March 6. The board’s Head of Media and Information Department, Dr Fabian Benjamin, said in Lagos on Sunday that arrangements had been concluded for the successful conduct...