Finance & Economy - Page 207

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Abdullahi Succeeds Babalola In FBN HoldCo Chairmanship

The Central Bank of Nigeria (CBN) has approved appointment of Alhaji Ahmad Abdullahi as non-executive director of First Bank Holdings Plc and Chairman of the company to replace Mr. Remi Balalola. The

Chimara Bygold

3 years ago

Oil & Gas

Oil Price Drops To $73 On Omicron Concerns

Emerging reports have claimed that the price of crude oil dropped amid surging cases of Omicron coronavirus variant. The reports read that that Brent Crude futures plunged by 1.61 percent to $73.41

PBA Reporter

3 years ago

Finance & Economy

Access Bank Restructures Into Holding Company, Prepares For Future Challenges

In line with global best practices, Access Bank Group is restructuring into a non-operating financial holding company. The holding company, to be known as Access Holding Company, would serve as the parent

Etim Etim

3 years ago

Finance & Economy·Latest News

U.S. Announces Two Opportunities for Nigerian Agribusinesses

AS part of efforts to support the food industry and agribusiness value chain in Nigeria, the Foreign Agricultural Service of the U.S. Mission in Nigeria is highlighting two opportunities for Nigerian agribusiness

Editor

3 years ago

Finance & Economy

Wema Bank Increases Loan Offering For Women In Small Businesses

To support women entrepreneurs, Wema Bank is taking measures that will revamp its 9% Loan Offering for Female owners of small and medium-scale enterprises (SMEs). The revamped offer includes a longer tenor,

Admin

3 years ago

Finance & Economy

Bankers Seek Stronger Economy In 2022

The Bankers Committee in it’s two-day meeting that ended Wednesday afternoon shared ideas on new ways to contribute to the growth of the Nigerian economy while making it more resilient to withstand

Chimara Bygold

3 years ago

Finance & Economy·Latest News

Headline Inflation Decreases To 15.40% In November – NBS

Statistician-General of the Federation, Mr Simon Harry has said that the National Bureau of Statistics (NBS) report for November, revealed that Inflation decreased by 0.59 per cent to 15.40 per cent.

Victor Ezeja

3 years ago

Oil & Gas

Nigeria’s Oil Production Increases By 2.55 Million Barrels – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) on Tuesday said crude oil production in Nigeria increased by about 2.55 million barrels in the month of November 2021. OPEC noted that the country’s

PBA Reporter

3 years ago

GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1 2023

Finance & Economy

Banks Record N1.3tn Non-Performing Loans – CBN

Commercial Banks in Nigeria, according to the Central Bank of Nigeria, recorded non-performing loans of N1.3tn as of November which is still currently above the industry benchmark. Figures obtained from the CBN

PBA Reporter

3 years ago

Oil & Gas

NNPC To Stop Rising Cooking Gas Price, Increase Supply

The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, disclosed that the NNPC was making efforts to increase the supply of Liquefied Petroleum Gas, popularly called cooking gas,

PBA Reporter

3 years ago

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Finance & Economy - Page 207

Abdullahi Succeeds Babalola In FBN HoldCo Chairmanship

Oil Price Drops To $73 On Omicron Concerns

Access Bank Restructures Into Holding Company, Prepares For Future Challenges

U.S. Announces Two Opportunities for Nigerian Agribusinesses

Wema Bank Increases Loan Offering For Women In Small Businesses

Bankers Seek Stronger Economy In 2022

Headline Inflation Decreases To 15.40% In November – NBS

Nigeria’s Oil Production Increases By 2.55 Million Barrels – OPEC

Banks Record N1.3tn Non-Performing Loans – CBN

NNPC To Stop Rising Cooking Gas Price, Increase Supply

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