Archives for July, 2019 - Page 5
IMF MD Resigns, Selection Process To Commence
The Executive Board International Monetary Fund IMF has said that the Managing Director of the Fund has resigned her appointment and that selection process to replace will…
U.S Offers 303 Nigerian Students $7.5m Scholarship
More than 303 Nigerian students from the 17 states of southern Nigeria have received no less than $ million in full or partial scholarships from 225 American universities…
Nigeria Has Lost N6 Trillion To Apapa Gridlock – OPS
The Organised Private Sector (OPS) on Tuesday called for urgent infrastructure development at the Lagos ports. It said Nigeria had lost about N6 trillion across the different…
Nigerian Firm, Lutoyilex Barred From Bidding For W’ Bank, AfDB Contracts
Lutoyilex Construct Limited, a construction company registered in Nigeria, has joined the list of firms debarred for fraudulent practices by the African Development Bank Group and other international…
SEC Commences Verification of Dantata Investors
By Ngozi Onyeakusi -- The Securities and Exchange Commission has started verifying claims of 4,160 unpaid investors of the illegal investment scheme organised by Dantata Success…
CBN Intervenes in Forex market with $210 Million
By Ngozi Onyeakusi -- The interbank segment of the Foreign Exchange Market has received a fresh boost of $210 million from the Central Bank of Nigeria (CBN) following…
Fidelity Bank Partners NEPC, LBS, Train 100 MSMEs In Kano
Fidelity Bank Plc has commenced training of over 100 Small and Medium Enterprises (SMEs) in Kano State. This is part of the bank's measures to provide world-class support…
Worries As External Debt Increases By $15.3bn In Four Yrs
By Ngozi Onyeakusi -- The Debt Management Office has disclosed that the nation’s external debt stock has risen by 148 per cent in almost four years…
APRA President lauds South African Government on List ofVisa Free Countries
Barely a week after the 12th African Union (AU) Heads of State extraordinary Summit on African Continental Free Trade (CFTA), South Africa has granted Ghana and…
Access Bank wins Karlsruhe Sustainable Finance Award
Access Bank, has emerged winner of the 2019Karlsruhe Sustainable Finance Awards for “Outstanding Business Sustainability Achievement” for the 4th consecutive time. The award was received in recognition of…