Zenith Bank declares N174bn profit as assets hit N4.83trn
One of Nigeria’s leading deposit money banks, Zenith Bank Plc, has declared the sum of N174billion as gross profit-before-tax (PBT) for the year ended...
UBA Plc, Access, Lafarge join NSE’s elite Premium Board
The Nigerian Stock Exchange (NSE) said it will be migrating from Monday 16 April Access Bank Plc, Lafarge Africa Plc, Seplat Petroleum Development Company...
Heritage Bank MD, Ifiesimama Sekibo trapped in N1bn fraud scandal!
Anti-graft agency, the Economic and Financial Crimes Commission has charged the Managing Director of Heritage Bank Plc, Ifiesimama Sekibo, and five others before a...
Jim Ovia reveals role of FINTECH in future of Nigerian bank...
With the saturation of the mobile phone market in Nigeria and the advent of Financial Technology startups (FINTECH) in the financial services industry, the...
Nigeria’s foreign reserve add $1bn less than a month
Nigeria’s foreign exchange reserves have added $1 billion from the $46.2 billion recorded in March, according to figures made available by the Central Bank...
Nigerians’ billions gone in the wind as MMM announces ‘irreversible’ closure
Popular ponzi scheme, Mavrodi Mondial Movement (MMM) has announced that it is shutting down — for good.
The announcement which was made on its website said...
Med-View Airline declares N1.5 billion profit before tax
Cites high cost of fuel, Fx shortage as major operational challenges
Med-View Airlines Plc has declared N1.50 billion profit before tax for the year...
Nigeria steadily surpasses Angola in crude oil production
Nigeria has steadily overtaken Angola as the top oil and gas producer in Africa, with an increased output of 91,500 barrels per day (bpd)...
Social Media Pressure: CPC to probe Blue Band over alleged ‘heat...
AGENCY REPORT
Following a viral video that portrayed Blue Band as unsafe, the Consumer Protection Council (CPC) says it has opened an inquiry into aspects...
WikiLeaks founder Assange now out of reach
AGENCY REPORT
Ecuador has cut off WikiLeaks’ founder Julian Assange’s outside communication in its London embassy, an official has said.
Assange, 46, has been holed up...