Members of the tripartite committee, comprising the federal government and labour unions, have resumed talks on a new minimum wage for Nigerian workers. The committee reconvened...
According to reports, First Bank has received the full repayment of a “N456 billion loan” extended to Heritage Bank. This recovery is part of a “bailout...
The Nigeria Deposit Insurance Corporation (NDIC), says it will begin payment of an insured sum to 2.3 million depositors of Heritage Bank in-liquidation this week. The...
The Federal Airports Authority of Nigeria (FAAN) has announced plans to disconnect power at Lagos airport on June 5 due to maintenance work. According to a...
The deal made by Canal+ Group, a French TV channel, to acquire South Africa’s MultiChoice at $2.9 billion has been considered “fair and reasonable”. According to...
The naira depreciated to N1,510 per dollar at the parallel section of the foreign exchange (FX) market yesterday. The current rate represents a drop of 1.34...
The Central Bank of Nigeria (CBN) says it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. Online reports had claimed the...
Financial technology (Fintech) companies have resumed onboarding new customers. In separate statements on Monday, OPay and Kuda Microfinance Bank announced the Central Bank of Nigeria (CBN)...
Air France says a heavy thunderstorm caused the flight disruption which left Nigerian passengers stranded in Chad. On June 1, Festus Keyamo, minister of aviation and...
Zenith Bank Plc has been named the “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, retaining the title for the second consecutive year....