427 institutions closed by NDIC in 2019
The Nigeria Deposit Insurance Corporation (NDIC), says it has liquidated 427 financial institutions as at December 2019. Mr John Abiodun, the Assistant Director, Insurance and...
Category: Business
Controversy as CBN clarifies position on operation of domiciliary accounts
The Central Bank of Nigeria (CBN) says it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks (DMBs). The CBN...
Shoprite Nigeria puts its weight behind breast cancer awareness
Early detection of Breast Cancer can save lives; one of which may be yours. Free breast cancer screenings will again be available, this time in...
Access Bank commits to treatment financing for women, partners UCH
The World Bank indicator estimates the fertility rate in Nigeria to be 5.5 as at 2017, meaning that an average Nigerian woman can have at...
NSE market indices rose by 0.54%
Nigerian equities market resumed trading for the week on Tuesday with a growth of 0.54 per cent after Monday public holiday declared by the Federal...
Microsoft wins $10bn Pentagon cloud contract
Microsoft has won the sought-after JEDI cloud computing contract with the Pentagon valued at as much as $10 billion (€9 billion) over a decade, dealing...
Nigeria owed N25.7trn debt as at June 30 — DMO
The Debt Management Office (DMO), says as at June 30, Nigeria owes N25.7 trillion in debt both domestically and externally. The DMO said this in...
World Bank ranks A/Ibom Best Performing S/South State
Akwa Ibom State has been recognised as the best performing state under South-South region during the 2019 fiscal year by the World Bank Project Implementation....
Nokia 7.2 with 48-megapixel camera launched in India
HMD Global on Thursday announced the launch of Nokia 7.2 in India. Set to go on sale on September 23, Nokia 7.2 will be available...