The Nigerian Deposit Insurance Corporation (NDIC) says it is already in the process of paying depositors of Heritage Bank. Managing director of NDIC Bello Hassan provided...
The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it would mandate international oil companies to supply crude oil to Dangote oil...
The Central Bank of Nigeria has denied plans to revoke the licenses of Unity Bank, Polaris Bank, and Keystone Bank. “The content is fake and not...
The Nigeria Deposit Insurance Corporation (NDIC), yesterday announced that payment to depositors with liquidated Heritage Bank having N5 million and below will begin on Monday. Depositors...
Nigeria may increase its daily output of crude oil by 480,000 barrels as a result of a move towards a resolution between ExxonMobil and the Nigerian...
The Federal High Court sitting in Lagos has authorised Guaranty Trust Bank, to temporarily take over the funds and assets of Afex Commodities Exchange following an...
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has placed its shareholders in celebration mode, receiving commendation for a...
Wale Edun, the minister of finance, says economic instability forced 800 companies to shut down operations. Edun said this on Tuesday in Abuja during the sectoral...
The naira depreciated at the parallel section of the foreign exchange (FX) market on Monday. Currency dealers, often referred to as bureau de change (BDC) operators,...
Africa’s Global Bank, the United Bank for Africa (UBA) Plc on Friday, 23rd of May, marked this year’s Africa day on, with fanfare. The event which...