Titan Trust Bank to collect NESS levy — CBN By Kayode Tokede The Central Bank of Nigeria (CBN) on Wednesday said the Minister of Finance, Budget and National Planning has approved the appointment of Titan Trust Bank as one of…
Money market
FirstBank wins Global Banking and Finance’s Retail Banking CEO Award
By Kayode Tokede While the age-old saying and philosophy of virtue being its own reward (or seeing doing good as its own reward) remains a strong motivating factor in doing good persistently, it helps when virtue gets recognition from time…
FEC approves N895bn draft supplementary 2021 budget
The Federal Executive Council (FEC) has approved a draft supplementary budget of N895 billion for the year 2021. Minister of Finance, Dr Zainab Ahmed, revealed this when she briefed State House correspondents on the outcome of the Council meeting chaired…
30 NYSC members win N10m cash prizes in Unity Bank Corpreneurship Challenge
By Kayode Tokede No fewer than 30 winners have emerged in the fifth edition of Unity Bank Plc’s flagship business plan competition, Corpreneurship Challenge, which held across ten states last week. The 30 winners who won cash prizes totalling N10…
EFCC arrests 50 for alleged internet fraud in Ibadan
By Tobi Adetunji. The Ibadan Zonal Office of the Economic and Financial Crimes Commission, EFCC has arrested 50 suspected internet fraudsters. According to the EFCC spokesperson, Wilson Uwujaren, the suspect were arrested at Alaro Sango, Agbaje Ijokoro, and Apete Aladura…
Naira depreciates by 0.81% to N411.50
Naira at the Investors Exporters Foreign Exchange ( I & E FX) wisdom depreciated by 0.18 per cent to close at N411.50 against the Dollar on Thursday. While the Naira gained by 0.13per cent and 0.11 per cent against the…
On-lending: GTBank, 2 others disburse N204.93bn to state govts in 2020
By Kayode Tokede With increasing economy challenges, the likes of Guaranty Trust bank Plc (GTBank), Access Bank Plc and Zenith Bank Plc through the Central Bank of Nigeria (CBN) borrowed some state governments N204.93billion in 2020 as against N210.72 billion…
Naira at I & E FX window appreciates by 0.04% to N410.75/$
By Kayode Tokede Naira at Investors & Exporters Foreign Exchange Window ( I & E FX) window appreciated by 0.04 per cent to N410.75 against the Dollar on Monday. The local currency at the I & EFX window lost by…
Ecobank to support creation of Agric technology hubs across Nigeria
By Kayode Tokede The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank will support the establishment of agriculture technology hubs across the country, stressing that it will further generate activities in the entire value chain and also provide…
FBNQuest releases investment opportunities guide
By Kayode Tokede FBNQuest, a subsidiary of FBNQuest Merchant Bank and part of FBNHoldings Plc, is offering investors expert guidance on investing opportunities. The firm seeks to reorient investors from the short-term outlook and instant gratification approach by encouraging them…