Business & Economy

The Chartered Institute of Bankers of Nigeria, CIBN has concluded arrangement to admit into its fold, a new set of Associates Members (ACIB) of the Institute at an induction ceremony. …

The Central Bank of Nigeria (CBN) has defended the liquidity position of Skye Bank Plc, saying the lender is neither distressed nor liquidated. In a statement, its Acting Director, Corporate …

Turkey’s flag carrier Turkish Airlines has renamed eight of its planes after districts in Istanbul and Ankara that played a central role in suppressing the deadly failed coup attempt on …

Turkey has supplied 19 million cubic meters (mcm) of fresh water to Turkish Cyprus under a landmark water supply project, sources at the Forestry and Water Affairs Ministry told state-run …

A woman in the United Kingdom, was shocked to find out that Burger King has charged her nearly $1,000 for a cheeseburger, causing a huge shortfall in her bank account. …

The Naira on Wednesday depreciated further against the dollar, amid last minute perfection of documentation by Bureau De Change (BDC) operators, the News Agency of Nigeria (NAN) reports. The Nigerian …

Funding pitfalls that affected the Defined Benefit Scheme (DBS) may threaten the Contributory Pension Scheme (CPS) if the Federal Government does not pay accrued pension rights, experts have said. They …

The Central Bank of Nigeria (CBN) yesterday increased banks’ weekly Diaspora-related foreign exchange (forex) sales to Bureaux De Change (BDCs) from $30,000 to $50,000. Addressing reporters after the Bankers’ Committee …

Emmanuel Ibe Kachikwu Following the decline in oil production from the projected 2.2million barrels per day (mb/d) to an average of 1.5mb/d, the Federal Government has planned to make up …

Exporters of perishable goods /vegetables have condemned  the shutting down of the Export Unit at the Lagos international airport by officials of the Federal Operations Unit of the Nigerian Customs …