Nigerians, other expatriates remit $861bn in two years – World Bank
Nigerians and some expatriates from other countries have remitted $861.6billion in the last two years, the 2016 World Bank Factbook has revealed.
The bank said...
IMF calls for greater regulation of insurance companies
International Monetary Fund (IMF) is urging greater regulation on insurance companies, arguing that carriers pose a greater risk to the global financial system now...
Fidelity Bank share slides as EFCC detains CEO
Fidelity Bank shares on The Nigerian Stock Exchange have taken a bashing on the exchange have falling into a two-month low after the Economic...
NSE to sanction Unity Bank, 31 others over financial accounts compliance issue
As the deadline for quoted companies to submit their audited report and accounts for the year ended December 31, 2015 expired last week, there...
Nigeria remains difficult country for doing business —World Bank
The World Bank Group’s ‘Doing Business Report’ for 2016 released today has disclosed that it is difficult to do business in Nigeria now than...
Nigeria set for exploratory oil drilling in Chad Basin – Kachikwu
Nigeria will soon begin exploratory drilling in search of oil in the north eastern Chad Basin region by October, the Minister of State for...
Fidelity Bank appoints Balarabe acting MD/CEO
In the absence of its Managing Director/Chief Executive Officer, Mr. Nnamdi Okonkwo, the Board of Directors of Fidelity Bank Plc has appointed Alhaji Mohammed...
Account Maintenance Fee: Zenith, FBN Holdings, five others generate N13bn in three months
As Central Bank of Nigeria (CBN) has indirectly reintroduced Commission on Turnover (CoT) fee as Current Account Maintenance (CAM) Fee, seven Deposit Money Banks...
OPEC oil output rises
The Organization of Petroleum Exporting Countries (OPEC) increased production by 484,000 barrels to 33.217 million daily in April.
This is the highest since 1989 going...
FCMB assures stakeholders of better performance …Shareholders approve N1.98bn dividend
In enhancing performance that would add significant value to stakeholders, FCMB Group Plc, has laid emphasis on strong capital, cost efficiencies, capital optimisation and...
