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Eko Atlantic City partners Fine & Country to drive new foreign investors in UK


As infrastructure delivery and some buildings are beginning to take shape at the emerging Eko Atlantic City, Nigeria’s first smart city situated adjacent to Victoria Island, the core investors, South ...

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Some banks in trouble as FG begins audit of TSA remittances by banks

Kemi Adeosun

Indication has emerged that even though the federal government recently sought and got out of court settlement in a suit it instituted against seven banks over their alleged infractions in ...

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Nigerians pay average of six bribes in one year, one in 2 months—NBS

NBS kale

Apart from revealing that a total of N400bn was received in bribes by public officials within a period of one year, the National Bureau of Statistics (NBS), in its latest ...

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Dangote shares N850m in compensation for refinery land owners

Dangote meeting

As part of compliance for extant laws, Dangote Group has commenced the disbursement of more than N850m as compensation to land owners affected by its sugar refinery project in Tunga, ...

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How banks’ removal of $1.2Bn 9Mobile debt from books’ll shape future

9Mobile shop

Since the revelation that the 12 banks involved in the $1.2 billion 9Mobile loan are setting aside a large part of the debt from their books ahead of the December ...

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Liquidity gap tears Tier-one banks, others on profit rebounds

Banks logos

One of the major negative facts emerging from the sustained impacts of recession and the attendant economic downturn cannot be far from the widening gas of liquidity and market dominance ...

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How Ecobank recovered $2m NPL in Q1 2017— Ade Ayeyemi

Ecobank Hqs

The Group’s Chief Executive Officer of Ecobank Transnational Incorporated (ETI), Ade Ayeyemi, has opened up on the success so far recorded by his group in recovering about $2 million of ...

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Unity Verve for Value promo’ seeks to reward cardholders with goodies

Unity Bank House

Unity Bank Plc has said it will be giving out gifts to Verve cardholders in its planned ‘Unity Verve for Value promo’ campaign to grow card awareness in Nigeria. In ...

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Zenith Bank report hails DBN, silent on planned MDBs’ N26bn to lift SMEs


It was not clear if it was because the report may have been ready before the recent decision of Nigerian Bankers’ Committee to pull over N26bn in aid of growing ...

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Misappropriation, diversion of funds/revenue lead in whistle blowing tips—Minister

Whistle B2

The Minister of Finance, Mrs. Kemi Adeosun in Abuja on Tuesday, revealed that “In reviewing the information we receive, we have noticed that certain type of tips are recurring, for ...

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