We’ve liquidated depositors of 20 failed banks – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) says as part of fulfilling its mandate to ensure safety of bank deposits, it has successfully liquida
Business
All the recent business news in Nigeria, economy and industry updates.
BUA Foods posts N729.4bn revenue, approves N5.50k dividend
Shareholders of BUA Foods Plc have approved the proposed final dividend payment of N5.50k per share. The indigenous food manufacturing firm also poste
Wema bank announces 135m promo cash prize for customers
Wema bank has announced the Bank’s 5 for 5 Promo with a record-breaking N135 million cash prize up for grasp by customers. In a statement, the Bank sa
A new dawn for Nigeria: Unleashing transformative leadership for a prosperous future
As Nigeria approaches yet another independence anniversary, it stands at the precipice of profound transformation. Endowed with immense natural resour
How CBN raised interest rates by 850 basis points in 7 months
The Central Bank of Nigeria, under the leadership of Olayemi Cardoso, has continued to raise interest rates, otherwise known as Monetary Policy Rates