Business

FirstBank gets $150m from Afreximbank

African Export Import Bank (Afreximbank) has disbursed $150 million to First Bank of Nigeria Ltd., under its Pandemic Trade Impact…

4 years ago

UBA redeems $500m 5-year Eurobond

The United Bank for Africa (UBA) on Wednesday redeemed its debut $500 million 5-year Eurobond notes with the maturity date…

4 years ago

N18bn fraud: Court orders ex-bank MD to refund N10bn

The Court of Appeal, Lagos Division, on Wednesday affirmed the conviction of a former Managing Director of the defunct FinBank…

4 years ago

Lafarge rewards, Global Synco, Ubotex

Lafarge Africa has rewarded the Managing Director, Global Synco West Africa Ltd, Sunny Nwodo, a brand new 2022 Lexus LX570,…

4 years ago

NCAA presents Air Transport License to Nigeria Air

The Nigerian Civil Aviation Authority (NCAA) has presented the Air Transport License (ATL) to the interim management of Nigeria Air.…

4 years ago

KEDCO apologises as power supply worsens in Kano

Kano Electricity Distribution Company (KEDCO) has apologised to Kano residents and other areas of operations for poor supply of electricity.…

4 years ago

Titan Trust completes acquisition of Union Bank as CEO, directors resign

Union Bank Plc has announced the completion of core investors’ sale of a majority shareholding to Titan Trust Bank. The…

4 years ago

Analysts to FG: Act fast to avert collapse of wheat value chain

Local industry analysts have called on the Federal Government to deliberate swiftly on action to cushion the effects of the…

4 years ago

IMF: Nigeria’s fuel subsidy may hit N6trn in 2022

The International Monetary Fund (IMF) has warned that Nigeria’s total expenditure on fuel subsidy could hit a record N6 trillion…

4 years ago

482 Lagos retirees get N1.5bn pension in May

The Lagos State Government has paid N1.5 billion accrued pensions rights to 482 retirees for the month of May. The…

4 years ago

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