The Central Bank of Nigeria (CBN) has said that the Nigeria-China currency swap deal would not cover the importation of the 41 items that were earlier banned in its 2015 circular on items not valid for foreign exchange. Isaac Okorafor,...
The Managing Director of First Bank of Nigeria Limited, Dr Adesola Adeduntan has been announced as the keynote speaker for the Business in Africa conference. Dr Adesola Kazeem Adeduntan (FCA), Managing Director/CEO, First Bank of Nigeria Limited and Subsidiaries, was appointed to...
Nigerian radio personality, Tolu Oniru-Demuren, popularly known as Toolz as much as she is known for her killer curves has just launched Sablier - a premium lingerie line for fuller bust women. Sharing her joy on the success of the fashion...
Any bank which fails to publish its annual account 12 months after the financial year end will have its chief executive sacked, the Central Bank of Nigeria (CBN) has directed. This directive is contained in the CBN’s Monetary, Credit, Foreign...
The Central Bank of Nigeria (CBN) yesterday pegged maximum daily transactions through a mobile phone- Unstructured Supplementary Service Data (USSD)— at N100,000. The implementation of the policy starts June 1. Due to the absence of set rules on USSD transactions,...
Chairman, Heirs Holdings and Founder, The Tony Elumelu Foundation, Tony O. Elumelu will join Jim Yong Kim, President, World Bank Group and Jeff Weiner, LinkedIn CEO at the opening debate of the ‘Digital Economy for Africa’ Forum in Washington,...
Heritage Bank has restated its commitment to the development and growth of Nigeria’s creative industry. Mr. Ifie Sekibo, MD/ CEO of Heritage Bank stated this in a statement issued by the Divisional Head, Corporate Communications of the bank at the...
Senator Biodun Olujimi, the Deputy Minority Whip of the Senate, has announced her intention to seek the nomination of the People’s Democratic Party (PDP) for the Governorship of Ekiti State. Olujimi who has served as a deputy governor in the...
The Rwandan government has appointed Ms. Yvonne Manzi Makolo as the new Chief Executive Officer of the country’s national carrier, RwandAir.   She takes over at the helm of the airline alongside a growing number of professional women from the ‘Land...
Visionscape Sanitation Solutions, a waste management company with their West African regional office located in Lagos, has been recognized by the World Quality Alliance panel for its dedication to quality innovation and maintaining globally accepted quality standards. The award for...
Heritage Bank Plc has entered into a strategic partnership with the Choice International Group (CIG) Motors Limited to introduce a new vehicle finance scheme aimed at assisting interested and pre-qualified customers to buy brand new GAC Vehicles with ease...
Two Nigerian banks, Access Bank and Guaranty Trust Bank have been fined for violating various regulations put in place by the country's Apex bank, the Central Bank of Nigeria. The two banks reportedly paid a combined N96 million in fines...

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