Nigeria Slides to 4th Position in Africa 10 Largest Economies
Techeconomy Nigeria, once Africa’s largest economy, is anticipated to drop to fourth place this year due to economic challenges…
Techeconomy
LFTZ Customs makes N54Bln in Q1 2024
The Nigeria Customs Service (NCS), Lagos Free Trade Zone Command (LFTZ), has celebrated a record breaking revenue of…
Recapitalisation: Banks to Leverage on SEC’s N1.5trn Infrastructure Fund
The Nigeria Securities Exchange (SEC), has approved five infrastructure fund shelf programmes totaling N1.5 trillion, in alignment with…
PFAs Invest N12.14trn in FGN Securities
The Pension Fund Administrators (PFAs) have invested N12.14 trillion from the pension fund assets into Federal Government of…
Airtel Africa Buyback 40,921 Ordinary Shares From Citigroup
Airtel Africa, a frontline telecommunication company, has disclosed it has purchased an aggregate number of 40, 921 ordinary…
Infinity Trust Mortgage Bank Appoints New Directors
Infinity Trust Mortgage Bank Plc, a Nigerian-based financial institution, has announced the appointment of new directors. The appointment…
National Education Data System to Track, Curb Number of Out-of-School Children in Nigeria
President Bola Tinubu has approved system wide policies to overhaul the education sector towards improving learning and skill…
After U.S., Tesla Cuts Prices in China, Germany
Tesla (TSLA.O) has cut prices in a number of its major markets – including in China and Germany…
First Bank Appoints Olusegun Alebiosu acting MD/CEO
First Bank of Nigeria Limited has appointed Olusegun Alebiosu as its acting managing director. Mr Alebiosu has been…
Nigeria Secures Fresh $2.25bn World Bank Loan
The Federal Government over the weekend announced that it has qualified for processing a loan, described as ‘virtually…
Student Loan: NELFUND to Link Beneficiaries with Recruitment Agencies
The Nigerian Education Loan Fund (NELFUND) has revealed plans to bring on board recruitment agencies on its platform…
CBN Counts These Eight Actions as ‘Naira Abuse’
The CBN Act of 1958, established the Central Bank of Nigeria, it commences operation July 1959. Thus, the…
First Bank: FBN Holdings Gives No Reason for Cancellation of Extra Ordinary Meeting
The Extraordinary General Meeting called by FBN Holdings to seek shareholders’ approval to raise N300bn has been cancelled,…
Why Adesola Adeduntan Resigned as First Bank MD
It is no news that Dr. Adesola Adeduntan has resigned his position as the managing director of 130-year-old…
First Bank’s MD Resigns Eight Months to End of Term
Adesola Adeduntan (Dr.), has resigned his position as the managing director (MD) of First Bank Nigeria Limited. Dr.…