BREAKING NEWS: GHL Floors FBN in Court ▪︎Directors Seek $1 Billion Each in Damages
Justice Dehinde Dipeolu of the Federal High Court in Lagos has overturned a Mareva injunction that had frozen the assets of General Hydrocarbons Ltd...
First Bank , General Hydrocarbons’ Stakeholders In Suspense of $225.8m Debt Resolutions
▪︎UGC image credit: Arise News TV
SHAREHOLDERS, Customers, investors, and other stakeholders of First Bank of Nigeria (FBN) and that of General Hydrocarbons...
CBN To Launch New Website Monday, December 2
The Central Bank of Nigeria says that its newly redesigned website (www.cbn.gov.ng) will become operational on Monday, December 2, 2024.
Hakama Sidi Ali (Mrs),...
Access Bank Processing Acquisition of More Standard Chartered Bank’s Subsidiaries
Access Bank Plc has completed the acquisitions of Standard Chartered Bank Angola S.A and Standard Chartered Bank (Sierra Leone) Limited, respectively.
The bank is...
Stop rate hikes to allow economic recovery – MAN
The Manufacturers Association of Nigeria (MAN) has enjoined the Central Bank of Nigeria to focus on promoting domestic production and economic recovery by allowing...
BOI Announces New Roles for Rotimi Akinde, Ifeoma Uz’Okpala
▪︎UGC image of Rotimi Akinde, and Ifeoma Uz’Okpala
President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as executive directors of the Bank...
Presidential Nano Grant Beneficiaries Tell Tales of Joy, Frustration
Last weekend, the Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, flew from Abuja to Calabar, Cross River State, to oversee the disbursements...
Top Five Banks Lending Rates To Manufacturers
(Industrial Times, Nigeria)
Today, the Manufacturers Association of Nigeria (MAN) says that banks lending rates to the manufacturing industry are too high to promote...
Afreximbank projects $40bn intra-African trade in 2026
▪︎Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank
African Export-Import Bank (Afreximbank) plans to double its financing of intra-African trade from US$20 billion...
Why Banks Should Support Govt’s Windfall Levy – Prof Adetunji Ogunyemi
Adetunji Ogunyemi, is a Professor of Economic History at the Obafemi Awolowo University, Ile Ife. He is also a lawyer and public finance expert....
