“Under the chairmanship of Ebi, Fidelity Bank recorded significant growth across key financial metrics with both Ebi and Adetu playing significant roles, complementing management effort in the delivery of these milestones; in service of the long term vision of the Bank,” a bank spokesperson said in a statement.
The Nigeria Employers’ Consultative Association (NECA) has said the Central Bank of Nigeria’s adjustment of naira exchange rate from N360/dollar to N380/dollar at the Secondary Market Intervention Sales (SMIS) will result in inflation.
Heritage Bank Plc said it has closed down an Experience Centre- EC (branch) at Allen Avenue; Ikeja over “unconfirmed case” of Coronavirus for deep hygiene clean up after an employee took ill last week.
Shortage of forex in the economy caused the naira to fall below the official rate of by 3.5 per cent to N380/$1 from N360/$1 according to the Central Bank of Nigeria.
South Africa’s rand opened stronger on Friday and was on course for gains of roughly 2% against the dollar this week, after the first current account surplus in 17 years and an upbeat U.S. jobs report.
The Lagos Inland Revenue Service (LIRS) says it generated a whooping N25 billion through taxation in April when there was total lockdown.
The Asian Development Bank was ranked first with the International Development Association of the World Bank and the United Nations Development Programme (UNDP) occupying the second and third positions.
The New Development Bank established by the BRICS group of emerging nations has approved a $1 billion COVID-19 emergency loan to South Africa to help reduce the socio-economic impacts of the pandemic, the National Treasury said on Saturday.
Russia‘s central bank on Friday cut its key lending rate by 1 percentage point to 4.5 percent to maintain inflation next year close to the targeted 4 percent, the bank said in a statement.
A Chief Magistrates’ Court in Gwagwalada, FCT, on Friday ordered Zenith Bank PLC to reverse 8,541 dollars illegally deducted from the account of one of its customers, Mr Ida Gabriel.
The displacement of thousands of overseas Filipino workers (OFWs) due to the COVID-19 pandemic may drag the Philippines‘ GDP growth down by 0.4 percent this year due to the reduction in remittances, the Philippine central bank said.
South African authorities have apprehended eight people suspected of illegally siphoning 2.3 billion rand ($133.87 million) from small lender VBS Mutual Bank, which collapsed in 2018 because of the corruption scandal.
Nigeria’s naira eased by 6.2% against the U.S. dollar on the official market on Wednesday after the government moved to converge its multiple exchange rate regime, traders said.
About seven cows belonging to a Fulani herder, Alhaji Abdullahi, in Elepo Village, Ifon, Osun State were in the early hours of Tuesday struck dead by thunderstorm.
South Sudan’s central bank said it cut its benchmark interest rate to 10% from 13%, as part of efforts to mitigate the effects of the coronavirus outbreak on the economy.
The United Bank for Africa Plc (UBA), a pan-African financial services group, on Tuesday announced the appointments of Mr Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors.
Super Falcons and Norwegian Toppserien forward Rasheedat Ajibade has applauded the decision of the Confederation of African Football (CAF) to introduce Women’s CAF Champions League.
The Ministry of Youth and Sports Development has denied appointing Mr. People S.Y Pepple as Director-General for the Athletics Federation of Nigeria (AFN), warning the sporting public, MDAs and law enforcement agencies not to do business with him.
The new guidelines are issued against the backdrop of the approval that flight operations recommence gradually at the nation’s airports effective July 8.
Mexican police have arrested three men over a bloody gun attack on a drug rehabilitation centre that left 27 people dead, the local prosecutor’s office said Sunday.
The Peoples Democratic Party (PDP) has described the Appeal Court judgement on the Kogi governorship election delivered on Saturday as a travesty of justice.
An NGO, Women Aid Collective (WACOL), has lauded the Police Command in Enugu for the efficient handling of the case of the 10-year-old girl allegedly abused by a couple in Enugu.
The Peoples Democratic Party has alleged plots by the All Progressives Congress to use the trio of Governors Abdullahi Ganduje of Kano State, Hope Uzodinma of Imo State, and Yahaya Bello of Kogi State to derail the September 19 Edo State Governorship Election.