Finance & Economy - Page 229

Godwin Emefiele Increases Bid For Non-interest Asset-backed Securities To N100 million

The minimum bid for non-interest asset-backed securities has been raised to N100 million by the Central Bank of Nigeria (CBN), a circular signed by the apex bank’s Director, Financial Markets Department, Angela

Fakoyejo Olalekan

June 13, 2022

Business·Oil & Gas

Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States

In two weeks, Nigerians consumed 966.58 million litres of petrol, which cost them about N156.58 billion, in May, according to the Nigerian National Petroleum Company (NNPC), with Lagosians spending the highest amongst

Fakoyejo Olalekan

June 13, 2022

Business·Finance & Economy·News

Capital Market Rules: NGX Slams N13.5m Fine On Unity Bank, Union Bank, First Bank

Unity Bank, under the leadership of Oluwatomi Somefun, has been sanctioned for failing to comply with the rules of the capital market authority, the Nigerian Exchange Limited (NGX), relating to release of

Fakoyejo Olalekan

June 12, 2022

Business·Real Estate

EFCC boss, Bawa, Accuses Real Estate Businesses Of Supporting Money Laundering

Real Estate business in Africa’s largest economy, Nigeria, has been linked to money laundering by the Chairman of anti-graft agency, Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa. According to Bawa, the

Fakoyejo Olalekan

June 10, 2022

Business·Oil & Gas

Russia-Ukraine War: Buhari’s Gov’t Spends N947.51 billion On Fuel Subsidy In 4 Months

Nigeria spent N947.51 billion on petrol subsidy within the first four months of this year, as rising crude oil price eats into the revenue generation of the country, surging by 55.7%, to

Fakoyejo Olalekan

June 9, 2022

News·Oil & Gas

NCDMB Moves To Sanction Companies For Non-Compliance With HCD Guidelines

NCDMB stressed the importance of human capacity development initiatives in the oil and gas industry and urged companies to adhere to HCD guidelines

PBA Reporter

June 9, 2022

Business·Insights·Real Estate

House Rent, Cost Of Goods To Rise, As Nigerian Banks Raise Loan Interest

Nigerian banks have began to implement the 13% interest rate to mortgage, corporate and personal loans, after the Central Bank of Nigeria (CBN) raised the percentage in May, by two percents, from

Fakoyejo Olalekan

June 9, 2022

Business·Finance & Economy·News

UBA Redeems $500 million 5-year Eurobond

The United Bank for Africa (UBA) on Wednesday, redeemed its debut $500 million 5-year Eurobond notes with the maturity date of June 8, 2022. Issued in 2017, the five-year bond was offered

Victor Ezeja

June 9, 2022

Business·News·Oil & Gas

Savannah Energy’s Chad Oil Deal In ExxonMobil, PETRONAS Faces Uncertainty

Savannah Energy Plc is, at the moment, unable to progress her publicised acquisition of ExxonMobil and PETRONAS’ assets in Chad, even though it has not disclosed this to the market. Savannah Energy

Victor Ezeja

June 9, 2022

Business·Personal Finance

Four Ways NPower Beneficiaries Can Collect Loans Without Collateral

Are you an NPower beneficiary in need of quick loan because the amount given by the Federal Government is not enough for your personal upkeep or to run your small business, but

Fakoyejo Olalekan

June 8, 2022

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Finance & Economy - Page 229

Godwin Emefiele Increases Bid For Non-interest Asset-backed Securities To N100 million

Nigerians Spent N156.5 billion In Two Weeks On Petrol, Lagos Leads States

Capital Market Rules: NGX Slams N13.5m Fine On Unity Bank, Union Bank, First Bank

EFCC boss, Bawa, Accuses Real Estate Businesses Of Supporting Money Laundering

Russia-Ukraine War: Buhari’s Gov’t Spends N947.51 billion On Fuel Subsidy In 4 Months

NCDMB Moves To Sanction Companies For Non-Compliance With HCD Guidelines

House Rent, Cost Of Goods To Rise, As Nigerian Banks Raise Loan Interest

UBA Redeems $500 million 5-year Eurobond

Savannah Energy’s Chad Oil Deal In ExxonMobil, PETRONAS Faces Uncertainty

Four Ways NPower Beneficiaries Can Collect Loans Without Collateral

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