NIBSS directs banks to delist switches, PSSPs from transfer list
Banks have been directed to remove non-deposit taking financial institutions from their transfer lists. The Nigeria Inter-Bank Settlement System (NIBS
Business
All the recent business news in Nigeria, economy and industry updates.
N16.8bn liquidation dividends unassessed – NDIC
The Nigeria Deposit Insurance Corporation (NDIC) has declared that liquidation dividends amounting to N16.18 Billion for depositors of 20 closed banks
Again, naira recovers at official window
The naira appreciated significantly against the United States dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s officia
‘One airline being owed $281m out of $850m trapped funds’
President of Sabre Network Africa, Dr. Gabriel Olowo has said there was no reason why Nigeria should block airline funds, saying with over $850m of fo
LCCI expresses worries over P&G’s exit
The Lagos Chamber of Commerce and Industry, LCCI, Thursday, described as worrisome the exit of Procter & Gamble and some multinationals from Niger