Heritage Bank: NDIC pays 86% of insured deposits
The Nigeria Deposit Insurance Corporation (NDIC) said Tuesday it has paid 86 per cent of total insured deposits for customers of the recently liquidat
Business
All the recent business news in Nigeria, economy and industry updates.
Edo refinery gets operational licence from NMDPRA
THE management of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has issued an operational licence to Edo Refinery and
NNPCL repays 60% of $1bn loan taken to buy stake in Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPCL) has successfully repaid 60% of a $1.036 billion loan that it took in September 2021 to finance
It costs N120 to produce 1KwpH of electricity – Minister
The minister of Power, Adebayo Adelabu, has stated that the cost of generating a kilowatt per hour of electricity is N120, reasoning why the federal g
Adebise, Adedibu join FCMB board as non-executive directors
First City Monument Bank (FCMB) Limited has welcomed two new members to its board of directors. They are Mr Ademola Adebise, a respected figure in the