Forex: CBN opens December sale with $210m

In its first intervention in the foreign exchange market for the month of December, the Central Bank of Nigeria (CBN) on Tuesday, December 4, 2018 injected the sum of $210 million in the inter-bank foreign exchange market. Authorised dealers in the wholesale segment of the market, in Monday’s sales, received …

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Gov. Ahmed approves N115m for LG staff, teachers’ promotion

The Kwara State Governor, Alhaji Abdulfatah Ahmed, has approved the release of N115 million for the implementation of promotion of Local Government staff as well as teaching and non-teaching staff under the State Universal Basic Education Board. The Chairman, Association of Local Governments of Nigeria, Kwara State chapter, Joshua Omokanye, …

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Heritage Bank receives award for improving “Young Business Owners in Nigeria”

Heritage Bank Plc, Nigeria’s Most Innovative Banking Service Provider has been awarded for its Outstanding Contributions toward improving the lives of Young Business Owners in Nigeria at the 5th Anniversary Ceremony of the highly-rated Nigerian Young Professionals Forum (NYPF) Awards for 2018. The bank recently was bestowed with the “Best Bank of the Year …

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Applications for Tony Elumelu Foundation Entrepreneurship Programme 2019 Opens on TEFConnect

The Tony Elumelu Foundation will open the 5th Entrepreneurship Programme application cycle on Jan 1st , 2019 Applications will be hosted on the largest digital networking platform for African entrepreneurs, TEFConnect –www.tefconnect.com On the 1st of January 2019, at 12am, WAT, the Tony Elumelu Foundation will begin accepting applications for the fifth …

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Customer battles Ecobank over N2 billion loss

A Federal high court sitting in Lagos south west Nigeria has adjourned till 10th of December, 2018 for report of settlement or trial if amicable settlement fails, the suit instituted by a Lagos business man Rev. Chukwuemeka Ngubo and his company Elim Motors Nigeria Limited against Ecobank Nigeria limited for …

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