Nigeria’s unexpected U-turn might not be enough
The Central Bank of Nigeria surprised everyone by hiking rates 100 basis points up to 12% from 11%, on Tuesday. All fourteen analysts surveyed by Bloomberg expected the rate to…
FBNQuest creates diversification and US Dollar investment opportunities local
… Launches FBN Nigeria Smart Beta Equity Fund and FBN Nigeria Eurobond (USD) Fund In a bid to proactively address the need for credible alternatives to invest local and USD…
Fuel Supply: Respite for Motorists, Commuters, Others
…As NNPC consolidates Operation `One Cargo per Day’ The Nigerian National Petroleum Corporation, NNPC over the weekend stepped up measures designed to eliminate the challenges experienced by members of the…
Uber Offers Free Rides To UBA Customers
Uber and UBA have today announced a partnership which offers UBA cardholders up to N6,000 worth of free Uber rides from now until 31 March 2016. UBA cardholders who sign…
Africa Business Conference: FirstBank Canvases Increased Younger Generation Participation
First Bank of Nigeria Limited, Nigeria foremost financial institution and the most valuable bank brand in Nigeria, is again leading in thought leadership and policy influencing discourse through its support…
Kennedy Uzoka Appointed GMD of United Bank For Africa
Kennedy Uzoka has replaced Phillips Oduoza as Group Managing Director (GMD) of United Bank For Africa. Mr. Uzoka is to be assisted by Mr. Victor Osadolor, who was appointed Deputy…
CBN Frowns At Illegal, Excessive Charges By DMB
The Central Bank of Nigeria (CBN) has frowned at excessive and illegal charges allegedly forced on individuals by some Deposit Money Banks (DMBs). The apex bank pointed out that the…
Kachikwu Forecasts Zero Fuel Subsidy in 2016
The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachickwu on Thursday stated that the price modulation mechanism currently in…
Firststars Reality TV Show:Call to Audition
Are you an upcoming Actor, Script Writer, Director, Producer or Art Director? FirstStars Reality TV Show is a great opportunity to unveil your potential! FirstBank is reinforcing its passion and…
Dangote Begins Construction of New 9m tons capacity Cement Plants in Okpella, Itori
…To raise production capacity by 9mmtpa In a deft move to consolidate on its leadership in the cement sector, Dangote Cement Plc has announced the commencement of the construction of…