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How Ikpeazu pumped N1bn to grow Aba industrial cluster infrastructure in 2017


More details have emerged on why massive industrial activities are peaking in Aba local industry space. This is coming from the steady upgrade of business and manufacturing enabling infrastructure in ...

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Zenith, Union Banks’ announce new board members after CBN approval

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Two leading commercial banks, Zenith Bank Plc., and Union Bank of Nigeria Plc have announced changes to the membership of their Board of Directors. Whereas in Union Bank, the changes ...

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Why CBN can’t freeze BVN deficient accounts for long


Considering the height of financial illiteracy in the country and ongoing drive by stakeholders to deepen financial inclusion amongst the rural dwellers, the Central Bank of Nigeria (CBN) will continue ...

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Like Nigeria, Ghana mulls tax amnesty for eight months in 2018


It was not yet clear if Ghana is drawing inspirations from the success rate so far achieved by the Nigeria’s Ministry of Finance via the current tax amnesty scheme that ...

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ATMs frustrating withdrawals to control cash in circulation—BH Intelligence

CBn Emefiele

Business Hilights Intelligence Unit (BHIU) has bumped on a confidential directive (source with held) to financial institutions to work towards strategic control of all cash access models from banks especially ...

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Did FG deceive Nigerians on N500bn SWS palliative for N145 fuel hike?


More than one year after, Nigerians seem to have forgotten the child-calming pill used to buy their healthy conscience in agreeing with the federal government to hike fuel price from ...

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Tweeter: Confusion as many Nigerians see all FG’s agro initiatives pro-North

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Reactions have continued to trail a tweet by the Ministry of Agriculture and Rural Development about a recent nationwide youth agric project which commenced in Katsina State last week. Otherwise, ...

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ITFC, Afreximbank push African Trade with $100m, €50m Murabaha deals

Au logo

The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, and the African Export-Import Bank (Afreximbank), a multilateral financial institution established by African governments and ...

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Access Bank pulls $250m to drive MSMEs in agric sub-sector


In a show of keying in to the federal government agro-driven diversification, Access Bank Plc has said it will provide funding for the Micro, Small and Medium Enterprises (MSMEs), at ...

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2018: Weak investment inflow awaits Nigeria as general election closes in

Buhari lagos

In Africa or mainly developing economies, election year is always trailed by weak inflow of Foreign Direct Investment (FDI) based on uncertainties that may follow announcement of election results. Otherwise, ...

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