CBN issues new guidelines, to monitor loan defaulters
The Central Bank of Nigeria (CBN) on Monday published guidelines aimed at reducing non-performing loans in the banking sector and monitoring chronic loan defaulters.
The...
Oil, power firms owe banks N5.59tn- CBN
A sectoral analysis of banks’ credit by the Central Bank of Nigeria has revealed that energy firms in the country owe Nigerian banks a...
Chike-Obi is new Fidelity Bank Chairman
Fidelity Bank Plc has announced that two of its Board members: Mr. Ernest Ebi (MFR) who has been serving as Chairman, Board of Directors...
Total Nigeria reports N163.22 loss after tax
Total Nigeria Plc has reported a loss after tax of N163.22m for the first quarter ended March 31, 2020, as against N474.089m posted in...
Private sector criticise exclusion in Ajaokuta Steel committee
The organised private sector has criticised its exclusion by the Federal Government from the Ajaokuta Presidential Project Implementation Team.
The panel is to supervise the...
Access Bank set to open 10 ‘CLOSA’ outlets across Nigeria
Access Bank has revealed that it has concluded plans to open 10 Access ‘CLOSA’ outlets in six cities in Nigeria.
This it states, is part...
Access Bank set to open 10 'CLOSA' outlets across Nigeria
Access Bank has revealed that it has concluded plans to open 10 Access ‘CLOSA’ outlets in six cities in Nigeria.
This it states, is part...
FG slashes oil price benchmark for budget to $20
The Federal Government has revealed that it plans to cut the oil price benchmark for the current budget to $20 per barrel.
This would make...
Access Bank denies sacking 75% of staff force, closing branches
Access Bank Plc has discredited reports that it plans to sack 75 per cent of its workforce and as well close more than 300...
COVID-19: Julius Berger donates hospital beds to isolation centre
Julius Berger Nigeria Plc (Julius Berger) has donated 48 hospital beds, including mattresses and 10 partitioning framings to an isolation centre in Abuja. This...