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Sterling Bank dumps Keystone acquisition plan

    Sterling Bank dumps Keystone acquisition plan

Sterling Bank Plc has withdrawn its bid to buy Keystone Bank Limited over the price sought for the lender rescued bridge bank. “We felt we wouldn’t get it at the

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IMF: Economy may contract by 1. 8%

    IMF: Economy may contract by 1. 8%

Nigeria’s economy is likely to contract by 1.8 per cent this year, the International Monetary Fund (IMF) said yesterday, as the country grapples with the impact of low oil prices.

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Naira to fall further on higher dollar demand

    Naira to fall further on higher dollar demand

The naira is expected to depreciate further this week as rising dollar demand continues to put the local currency under pressure at the Central Bank of Nigeria’s interbank forex window

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N6.4bn monthly fraud uncovered on FG payroll

    N6.4bn monthly fraud uncovered on FG payroll

The Presidential Initiative on Continuous Audit found discrepancies in the payroll of the Federal Government’s Ministries, Agencies and Departments to the tune of N6.4 billion monthly, the Head of the

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Fitch rates Diamond ‘BBB’+, Bol gets AA+

    Fitch rates Diamond ‘BBB’+, Bol gets AA+

Diamond Bank’s strong fundamentals have been reaffirmed by the global credit ratings and research agency, Fitch Ratings. In the recently

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Naira tumbles to 360 as dollar supply dries up

    Naira tumbles to 360 as dollar supply dries up

The naira fell to 360 against the United States dollar at the parallel market on Wednesday as the supply of

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Kia Motors Mexico celebrates first year anniversary and announces hybrid model for local market

    Kia Motors Mexico celebrates first year anniversary and announces hybrid model for local market

• Kia Motors Mexico among the 9 best-selling automotive brands only a year after entering market • More than 30,000

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Nigeria’s economy likely to shrink this year –IMF

    Nigeria’s economy likely to shrink this year –IMF

Nigeria’s economy will most likely contract this year as energy shortages and the delayed budget weigh on output, the International

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NLNG has reduced gas flaring to 20 per cent, says MD

    NLNG has reduced gas flaring to 20 per cent, says MD

•Firm invests $12m in six universities The Nigeria Liquefied Natural Gas (NLNG), at the weekend, said it has reduced gas

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Shareholders own Skye Bank, say new Chairman

    Shareholders own Skye Bank, say new Chairman

The Chairman of Skye Bank Plc, Mr. M.K. Ahmad, has clarified that the reconstitution of the board of the bank

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