Business Editors
Central bank: Electronic fraud will hit N6.1 trillion by 2021
Mr Sunday Salam-Alada, Director, Consumer Protection Department, Central Bank of Nigeria (CBN) has said electronic fraud losses in the banking system are projected to reach N6.1 trillion by 2021.
Central bank urges media collaboration in educating depositors
The Central Bank of Nigeria (CBN) has urged media practitioners to collaborate with financial regulators in the country to educate depositors on financial literacy and inclusion. The Head, Financial Inclusion Secretariat, CBN, Mrs Temitope Akin-Fadeyi...
Bank of Industry disburses N81 billion as loan in 2017
The Executive Director of Bank of Industry (BoI), Corporate Services, Tobin Jonathan, has revealed that the bank has disbursed a total of N81 billion loans last year out of a financing gap estimated at $800 million,
Nigeria leads South Africa in foreign reserves
Nigeria is leading South Africa in net foreign reserves as that of the West African country hits $47.37 billion in March to beat South Africa which has $43.15 billion.
Non-oil exports gets N500 billion from central bank
The Central Bank of Nigeria (CBN) has finalised arrangement with Nigeria Export-Import Bank (NEXIM) to assist local manufacturers who are interested in non-oil exports, according to its governor, Mr Godwin Emefiele.
Nigeria’s foreign reserves hit $47 billion
Nigeria’s foreign reserves have continued to grow significantly with latest figures by the Central Bank of Nigeria (CBN) at about $47.37 billion as at April 5.
NDIC warns Nigerians against trading in digital currencies
The financial sector insurance regulator, the Nigerian Deposit Insurance Corporation, NDIC, has again warned Nigerians against the risk of trading with digital currencies not issued by the Central Bank of Nigeria, CBN.
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2019: Campaign on pro-people policies, not frivolities – APC tells PDP
The All Progressives Congress (APC) says it will engage the Peoples Democratic Party (PDP) on completed projects and pro-people policies it had embarked upon as a government rather than engaging in frivolities.
APC accuses PDP of colluding with traditional institutions for support in Sokoto
The All Progressive Party (APC) on Thursday alleged that the Peoples Democratic Party (PDP) is colluding with traditional institutions to canvass for support in Sokoto state.
Aisha Buhari to launch pet project in Akwa Ibom
The first lady, Aisha Buhari, is visiting Akwa Ibom state on Friday to flag off her pet project, called Future Assured.
Venezuela HIV patients rely on herbal remedy due to antiretroviral shortage
As Venezuela’s hyperinflation and chronic medicine shortages leave HIV patients with little hope of obtaining antiretroviral drugs, many are now relying on leaves of tropical tree known as guasimo.
Zamfara government set to recruit 200 paramedical health workers
Zamfara Government says it has concluded plans to recruit 200 paramedical health workers as part of effort to improve healthcare services in the state.
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Motion to impeach Somali President Farmajo declared invalid
The Somali Lower House of Parliament has declared as invalid a motion seeking the impeachment of President Mohamed Abdullahi Farmajo.
IFC identifies over 100 start-ups that could speed up innovation in Africa
International Finance Corporation, a member of the World Bank Group, in cooperation with Egypt’s Ministry of Investment and International Cooperation have selected more than 100 high-potential start-ups to participate in a new initiative designed to spur innovation and job creation across the African continent.
Corps member to repeat one-year service in Adamawa over abscondment
The management of National Youth Service Corps (NYSC) Adamawa office, on Thursday, said one corps member will repeat the one-year compulsory service for abscondment.
Juventus beat Inter Milan to go 11 points clear on Serie A table
Mario Mandzukic scored the only goal as Juventus killed off Inter Milan’s challenge to move 11 points clear in Serie A on Friday.
Labour Party promises rebirth of Benue
Governorship candidate of the Labour Party (LP) in Benue State, Dr. Paul Angya, has promised to ensure infrastructural transformation in Benue State if elected as governor in 2019.