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CBN queries First Bank over replacement of MD, orders divestment of stakes in Honeywell, Airtel Nigeria

    CBN queries First Bank over replacement of MD, orders divestment of stakes in Honeywell, Airtel Nigeria

The Central Bank of Nigeria (CBN) has queried the board of First Bank of Nigeria Limited over the removal of Sola Adeduntan, the bank’s managing director/chief executive officer, without due

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Reps ask CBN to suspend recapitalisation of microfinance banks

    Reps ask CBN to suspend recapitalisation of microfinance banks

The house of representatives has asked the Central Bank of Nigeria (CBN) to suspend the planned recapitalisation of microfinance banks (MFBs) until the economy stabilises and considered safe for a

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Senate approves N7.6trn revenue target for FIRS

    Senate approves N7.6trn revenue target for FIRS

The senate on Wednesday approved an upward review of the revenue target for the Federal Inland Revenue Service (FIRS) from N5.076 trillion in 2020 to N7.61 trillion in 2021. The

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Senate passes AMCON amendment bill, approves possession of debtors’ assets

    Senate passes AMCON amendment bill, approves possession of debtors’ assets

The senate has passed the Asset Management Corporation of Nigeria (AMCON) amendment bill which seeks to strengthen the agency in the area of loan recovery. The bill was passed during

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FG approves N1.63bn for poultry farming in four states

    FG approves N1.63bn for poultry farming in four states

The federal government has approved the sum of N1.63 billion for the procurement of poultry in Borno, Plateau, Yobe and

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ASCAB writes senate, seeks reversal of ‘fraudulent’ privatisation programmes 

    ASCAB writes senate, seeks reversal of ‘fraudulent’ privatisation programmes 

The Alliance for Surviving COVID-19 and Beyond (ASCAB), a civil society coalition, has asked the senate to set up an

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Gbenga Shobo succeeds Sola Adeduntan as First Bank MD

    Gbenga Shobo succeeds Sola Adeduntan as First Bank MD

Gbenga Shobo has been appointed as the new managing director and chief executive officer of First Bank of Nigeria Limited

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AfDB debars Nigerian firm for 3 years over ‘fraudulent practices’

    AfDB debars Nigerian firm for 3 years over ‘fraudulent practices’

The African Development Bank Group (AfDB) on Wednesday announced the three- year debarment of Maxicare Nig. Ltd, a consulting organisation,

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Nigeria’s Flutterwave listed on TIME’s most influential companies in 2021

    Nigeria’s Flutterwave listed on TIME’s most influential companies in 2021

Flutterwave, a Nigerian digital payment platform, has been named a “Pioneer” on the TIME’s 2021 list of the 100 most

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Osinbajo: Value4Dairy consortium set to boost domestic milk production

    Osinbajo: Value4Dairy consortium set to boost domestic milk production

Vice-President Yemi Osinbajo says the Value4Dairy consortium, a group of five global players in the dairy industry, will increase domestic

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