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Business & Economy

FirstBank says Naira-denominated cardholders cannot initiate international transactions

Nigeria's premier financial institution, First Bank of Nigeria Limited has advised its customers that they will no longer have access to foreign exchange for...

NCC assures FG of N500bn revenue from 5G spectrum in 2023

The Nigerian Communication Commission (NCC) says it plans to generate N500 billion as revenue for the federal government from the auctioning of two 5G...

PenCom approves FBNHoldings acquisition of Access Bank’s pension business

Pension custodian subsidiary of banking group giant, FBNHoldings have received the nod of the National Pension Commission (PenCom) to acquire Access Pension Custodian Limited....

FirstBank hosts quarterly meeting of Financial Market Dealers Association (FMDA)

First Bank of Nigeria Limited has announced that it will host the Financial Markets Dealers Association’s (FMDA) quarterly meeting scheduled for 5pm on Friday,...

GTCO Plc records N103billion PBT for Q2 2022

Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has announced profit before tax of N103.2billion, representing an increase of 11.0% over ₦93.1billion recorded...

MTN Nigeria floats N23bn commercial paper to improve working capital

MTN Nigeria Communications Plc says it is in the process of issuing up to N23 billion series three commercial paper notes. The telco announced this...

HoS frowns at non-payment of death benefits of civil servants by insurance companies

Folasade Yemi-Esan, head of the civil service (HoS) has decried the non-payment of death benefits of civil servants to their relatives by insurance companies. According...

FirstBank rewards customers with car, televisions in Verve promo finale

First Bank of Nigeria has rounded off its Verve Card campaign designed to reward customers for their continued usage of the Verve debit Card,...

Emirates back on Nigeria skies, reinstates flight operations to Lagos

Emirates Airlines announced the reinstatement of its flight operations to Lagos, starting September 11, 2022. This is coming on the heels of federal...

Lagos tops list of four states with capital inflow to Nigeria

Reports by the National Bureau of Statistics (NBS) indicate that Lagos State recorded the highest capital importation of $1.05 (68.66 percent) billion in the...

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