The Federal Mortgage Bank of Nigeria (FMBN), has inaugurated seven specialised loan recovery task teams to fast track the recovery of its loans tied across the country. The managing director of the Bank, Shehu Osidi, who inaugurated the teams in&n ...

The Development Bank of Nigeria (DBN) in partnership with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) has launched an innovative MSME Equipment Leasing Initiative aimed at strengthening financing options for Micro, Small, and Medium ...

The African Export-Import Bank ,Afreximbank, on Monday unveiled its second African Quality Assurance Centres, AQAC, in Imo state.  The unveiling ceremony took place at Umuowa in Ngor Okpala Council Area of the state.  According to sta ...

Former President, Olusegun Obasanjo has said innovation in agriculture is key to human survival and development.  Obasanjo, who disclosed this at the AgriConnect Summit in Lagos recently, said when strategically harnessed, innovation and coll ...

OPay, a leading financial technology company, has reaffirmed its strict prohibition of cryptocurrency and virtual asset trading on its platform.  As a compliant organisation committed to upholding legal, constitutional, and regulatory duties, ...

OPEC also extended Nigeria’s 1.5 million barrels daily crude production quota to 2025. The cartel announced the extension during its 37th OPEC and non-OPEC ministerial meeting. The agreement reached in Riyadh on Sunday exceeds market expectations ...

…Be calm, we'll ensure safety of depositors funds – Reps Following the revocation of the banking licence of Heritage Bank Plc by the Central Bank of Nigeria (CBN) the Nigeria Deposit Insurance Corporation (NDIC) said it has commenced the ...

The Niger Delta Development Commission, (NDDC) has appealed to International Oil Companies (IOCs) operating in the region to honour their financial obligations to the commission as new projects aimed at developing the region are capital intensive and ...

The NNPC Ltd has reiterated its commitment to sustain the Company’s march towards process improvement, regulatory compliance and performance excellence. NNPC’s executive vice president, Business Services, Inuwa Danladi, disclosed this while speaki ...

As the current government under the leadership of President Bola Ahmed Tinubu clocked one year on May 29, 2024, the pledge of N200 billion Intervention Fund for Small and Medium Enterprises (SMEs) made at the inauguration of this government is yet to ...