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First Bank: We disbursed N100bn loan to over 120,000 Firstmonie agents in one year

    First Bank: We disbursed N100bn loan to over 120,000 Firstmonie agents in one year

First Bank of Nigeria (FBN) says over 120,000 of its Firstmonie agents across the country have been economically empowered with a total sum of N100 billion. The bank said the

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NRC to resume Lagos-Kano train service Aug 13

    NRC to resume Lagos-Kano train service Aug 13

The Nigerian Railway Corporation (NRC) says the Lagos-Kano mass transit train service (MTTS) will resume operations from August 13, 2021. Ismail Adebiyi, NRC northern district regional manager, said this in

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COVID-19: Air passenger revenue declined 69% to $189bn, says IATA

    COVID-19: Air passenger revenue declined 69% to $189bn, says IATA

The International Air Transport Association (IATA) says 2020 was the worst year ever in the airline industry across the world as passenger revenues fell by 69 percent to $189 billion.

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Customs to MDAs: Only items imported by president are exempted from taxes

    Customs to MDAs: Only items imported by president are exempted from taxes

The Nigeria Customs Service (NCS) says only items imported by the president are exempted from duty charges and tax payment. Timi Bomodi, NCS deputy national public relations officer, said this

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Wema Bank mulls acquisition, to raise N40bn through rights issue in September

    Wema Bank mulls acquisition, to raise N40bn through rights issue in September

Wema Bank Plc says it is considering the acquisition of a fintech firm or a merger with another commercial bank.

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TVIO Solutions files N100m suit against Sterling Bank over ‘intellectual theft’

    TVIO Solutions files N100m suit against Sterling Bank over ‘intellectual theft’

TVIO Solutions, a fintech company, has filed a N100 million lawsuit against Sterling Bank over alleged intellectual theft. In a

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FAO: Global food prices declined in July for second consecutive month

    FAO: Global food prices declined in July for second consecutive month

The Food and Agricultural Organisation (FAO) says global food prices declined further for the second month in a row in

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Senate asks BPE to refund N8.7bn into consolidated revenue fund

    Senate asks BPE to refund N8.7bn into consolidated revenue fund

The senate has directed the Bureau of Public Enterprises (BPE) to refund N8.7 billion into the consolidated revenue fund (CRF)

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Failed transactions: Banks have refunded N89bn to customers in 9 years, says CBN

    Failed transactions: Banks have refunded N89bn to customers in 9 years, says CBN

The Central Bank of Nigeria (CBN) says commercial banks have refunded N89.2 billion to customers over various financial-related complaints from

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We can’t continue as ‘Father Christmas’ on water projects, FG tells states

    We can’t continue as ‘Father Christmas’ on water projects, FG tells states

The federal government says it will no longer fund 100 percent of water projects in states, adding that the era

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