Nkechi Naeche
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Money
CBN Issues Open Banking Guidelines To Boost Competition
The Central Bank of Nigeria has issued the regulatory framework for Open Banking in Nigeria in its efforts to enhance…
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Energy
No Hike In Electricity Tariffs – NERC
The Nigerian Electricity Regulatory Commission, NERC has clarified that reviews do not automatically translate into an increase in electricity tariffs.…
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Money
Nigeria’s Q1 Trade Deficit Rose By 175%, Hit $764m – CBN
The value of Nigeria’s international trade deficit rose by 175.13 per cent from $152.94m in January 2022 to $420.79m in…
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Money
UBA Upgrades Chatbot Features, As Leo Launches Service On Google Business Chat, Instagram
Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced the expansion of the services of Leo, its Artificial…
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Judiciary
Court Orders CBN To Pay N2.5b Judgment Sum For 110 Disengaged ABU Staff Into Registrar’s Account
The National Industrial Court, on Tuesday ordered the Central Bank of Nigeria (CBN), to pay a judgment sum into an…
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Energy
Lagos Free Zone, Partners Sign N10bn Gas Deal
The Lagos Free Zone has signed a gas contract worth over N10bn with Falcon Corporation, ND Western, and FHN consortium.…
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Money
Inflation Hits 16.82%, Exceeds IMF’s 2022 Projection
The Consumer Price Index rose to 16.82 per cent in April from 15.92 per cent in March, latest figures from…
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Money
Dollar Hits N600 At Parallel Market, Forex Supply Shrinks
The dollar exchanged at N600 on Monday at the parallel market, heightening fears of a further devaluation of the nation’s…
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Insurance World
Sovereign Trust Insurance Lifts Profit By 25% To N489m In Q1 2022
BY NKECHI NAECHE-ESEZOBOR–Sovereign Trust Insurance Plc (the Company) has released its unaudited account for the period ended 31 March 2022…
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