CBN orders Banks to comply with SWIFT payment
The Central Bank of Nigeria (CBN) has ordered banks to comply with the SWIFT universal payment confirmation.
It stated this in a circular titled ‘Compliance...
CBN orders banks to update Anti-Money Laundering protocols
The Central Bank of Nigeria (CBN) has advised all banks to update alert protocols in their Anti-Money Laundering/Combating the Financing of Terrorism monitoring tools,...
Chike-Obi is new Fidelity Bank Chairman
Fidelity Bank Plc has announced that two of its Board members: Mr. Ernest Ebi (MFR) who has been serving as Chairman, Board of Directors...
Nigeria Crude oil receives boost in Europe
The narrowing spread between Northwest European diesel and petrol cracks has helped support some Nigerian crude grades which have struggled with a lack of...
Telecoms operators condemn multiple environmental taxes
The Association of Licensed Telecommunications Operators of Nigeria, a union for telecoms operators are lamenting the huge tax burden from states and federal ministries...
Nigeria's stock market witness decline in investors participation
The nation's stock market saw a decline in the involvement of investors last week.
The market, which garnered N36bn last week, compared to the N325bn...
AMCON seeks speedy Assets disposal Strategies
Photo Caption:
L-R: Mr. Aliyu Abubakar Kalgo, Head, Asset Sales, Asset Management Corporation of Nigeria (AMCON); Executive Directors of AMCON, Dr. Eberechukwu Uneze and Mr....
Removal of petrol subsidy was important- World Bank
The World Bank has revealed that the removal of petrol subsidy in Nigeria was an important step amid the COVID-19 crisis.
The bank, in its...
Nigeria Set To Debut First 100% Electric Taxi Fleet
The transport sector in Nigeria represents about 24% of in-scope carbon emissions every year. And 72% of these emissions come from passenger vehicles.
In a...
UBA group commences full banking operations in UK
The new UBA franchise, UBA UK, has been formally inaugurated in the United Kingdom at a high-level gathering of business and public sector leaders...
