NDIC Vows to Recover N700 Billion from Defunct Heritage Bank, To Begin Payment to Depositors
NDIC has announced that insured deposits will be paid to Heritage Bank customers this week, earlier than the 30-day requirement.
NDIC has announced that insured deposits will be paid to Heritage Bank customers this week, earlier than the 30-day requirement.
NDIC has announced that insured deposits will be paid to Heritage Bank customers this week, earlier than the 30-day requirement.
Nigeria, with $2.1bn active investment, holds Africa’s second-largest IFC portfolio as at April, 2024, Tinubu said.
OPEC oil production rose in May. Nigeria and Iraq increased output by 100,000 bpd, offsetting voluntary cuts by other members.
The Central Bank of Nigeria has dismissed claims that it plans to revoke the licences of three more banks.
Japanese transport ministry officials launched an on-site investigation at Toyota Motor’s headquarters on Tuesday.
South Korea pledged $10 billion aid to Africa for the next six years.
The Presidential tax committee is said to be working to alter existing VAT sharing formula between federal and state governments.
Cardoso said publishing the Debt Management Strategy shows government’s commitment to fiscal strategy, enhancing transparency and accountability in debt management.
“This refinery is going to change the game…(it) will also help in terms of reducing CO2 emissions,” says Dangote.
IATA on Monday said airline passengers can expect to pay more for their next flight.
CBN has revoked Heritage Bank’s licence, saying its failure to improve financial performance is a threat to Nigeria’s financial stability.
Nigeria’s foremost power generation solutions provider, Geregu Power Plc and Siemens Energy have signed a Memorandum of Understanding (MoU) to jointly develop solutions for capacity expansion at the Geregu 1
OPEC+ has decided to extend deep oil output cuts into 2025, with Nigeria reaffirming its commitment to Declaration of Cooperation.
Finance Minister Wale Edun says President Tinubu has achieved relative economic stability in Nigeria.
Oando has announced a profit after tax of N74.7 billion for 2023, reflecting a turnaround from the previous year’s loss.
The Senate has postponed public hearing on CBN Act changes amidst widespread criticism and calls for broader consultations
CBN has allowed for 50% balance of export proceeds to be sold to authorised dealers if unused after 90 days.
British Airways has opened a luxury lounge in MM1 Lagos, collaborating with Akoje Gallery to showcase Nigerian art.
Tengen Holdings has increased its investment in Access Holdings, acquiring approximately 59.403 million shares valued at N1.01 billion.
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