The Central Bank of Nigeria (CBN) has jacked up the maximum value for the recently introduced outbound international money transfer services from $2,000 per transaction to $5,000 per transac... Read more
Shareholders of Access Bank Plc monday unanimously approved the proposal by the bank to raise fresh capital of N68 billion through rights issue. The shareholders at the bank’s Extraord... Read more
Microsoft Founder and philanthropist Bill Gates took the top spot for the 21st year in a row on Forbes 400 richest Americans list with a net worth of $81 billion. Warren Buffett, Chairman an... Read more
‘Report on missing NNPC $10.8b ready soon’ Just as the alleged $10.8 billion fraudulent dealings in the Nigerian National Petroleum Corporation (NNPC) is receding in memory, the Minster of F... Read more
Nedbank Group said on Thursday it will acquire a 20 percent stake in pan-African lender Ecobank for $493 million, ending months of speculation the South African bank would walk away from... Read more
The Executive Vice Chairman and Chief Executive Officer of Industrial and General Insurance Plc, Remi Olowude, has died. According to reports, the insurance guru, who through suave business... Read more
The Central Bank of Nigeria (CBN) has pegged maximum allowable cash withdrawals for inbound money transfer at $500. The bank in a document titled: ‘Guidelines on International Money Transfer... Read more
The World Bank has extended $500m credit line to Nigeria to increase access to finance for Small and Medium Enterprises in the country. The bank disclosed in a statement that its Board of Ex... Read more
The Nigeria Deposit Insurance corporation, NDIC, has warned the Nigerian public against falling for the bait of illegal deposit-taking institutions which offer mouth-watering interest rates... Read more
Your medical record is worth more to hackers than your credit card Reuters A man types on a computer keyboard in this illustration picture taken in Warsaw February 28, 2013. REUTERS/Kacper P... Read more
