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Sunday, January 26, 2020

Finance

Central bank injects $323.5 million, CNY 17.9 million into forex market

Premium Times The Central Bank of Nigeria (CBN) has injected 323.5million dollars into the Retail Secondary Market Intervention Sales (SMIS) for its last intervention for November. The CBN Director, Corporate Communications Department, Mr Isaac Okorafor, made this known in a...

FEC observe a minute silence for Tam David West

Vice President Yemi Osinbajo is currently presiding over the Federal Executive Council at the Presidential Villa, Abuja. A minute silence was observed in honour of Professor Tamunoemi Sokari David-West, who passed at the age of 83 on Monday, November...

Aggrieved note counters threaten to shut down activities at Fidelity Bank

File Photo The Concerned Note Counters Association of Fidelity Bank (CNCAFB) has threatened to disrupt activities at all Fidelity Bank branches should the management of the bank fail to pay them their entitlements. Speaking with reporters in Abuja, the Association...

Central bank clarifies cashless policy transaction charges

File Photo The Central Bank of Nigeria says the transaction charges on deposit and withdrawal in furtherance of implementation of its cashless policy is on the amount in excess of the set limits. The Director, Corporate Communication Department, Isaac Okorafor,...

Ecobank engages new set of graduates in training

File Photo In keeping with its talent development strategy, a new set of Graduate Trainees commence their entry-level development programme today Wednesday, August 14 at the state of the art Ecobank Nigeria Academy in Lagos. The training programme which was...

2023: Ex-INEC chief Attahiru Jega joins PRP, poise to reposition party

File Photo Former National Chairman of Independent National Electoral Commission (INEC), Professor Muhammad Attahiru Jega and other prominent Nigerians have joined forces to reposition the masses-oriented People’s Redemption Party (PRP) for more nationalistic outlook ahead of 2023 general elections. In...

Alphabet overtakes Apple to become most cash-rich company

Google’s parent company Alphabet has overtaken Apple to become the most cash-rich company in the world. The Financial Times reports that as of the second quarter of this year, Alphabet holds $117 billion in liquid reserves, compared to...

Central bank, service chiefs collaborate to enforce executive order

Premium Times The Central Bank of Nigeria (CBN), the Service Chiefs and heads of paramilitary agencies are closing ranks to tackle smuggling and dumping of textiles in Nigeria, currently robbing the country of billions of naira in revenue. The collaboration...

GTBank named Best Bank in Africa at Euromoney awards

Foremost African financial institution Guaranty Trust Bank plc has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence, which held in London on Wednesday, July 10, 2019 at the London Hilton...

Bank union pickets Ecobank over alleged non-payment of severance allowance for sacked 900 staff

Members of the National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) on Thursday morning picketed the headquarters of Ecobank PLC on Ahmadu Bello way, Victoria Island in Lagos over alleged non-payment of severance allowance to over...
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Latest News

Transfer: Barcelona forward leaves Camp Nou as club sign Brazilian midfielder

Barcelona have confirmed that forward, Alejandro Marqués has left the club to join Juventus for 8.2 million euros....
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Buhari, Osinbajo, governors dragged to court, asked to make their assets public

The Socio-Economic Rights and Accountability Project, SERAP, has asked an Abuja Federal High Court to order President Muhammadu Buhari, Vice President Yemi Osinbajo...

2023: Doyin Okupe reveals why PDP can’t win election, kicks off fresh campaign

Doyin Okupe, a former aide to ex-President Goodluck Jonathan has started a campaign on social media calling for the change of name for...

INEC declares APC candidate winner of Kagarko Kaduna rerun election

The Independent National Electoral Commission (INEC), has declared the candidate of All Progressive Congress (APC) for Kagarko constituency of Kaduna State, Hon. Nuhu...

LaLiga: Setien speaks after Barcelona’s 2-0 defeat to Valencia

Barcelona manager, Quique Setien has reacted to his side’s La Liga 2-0 defeat to Valencia on Saturday. Valencia defeated Barcelona, thanks to Maxi...