Category: Business

Apex bank sactions five banks, fine N312m

The Central Bank of Nigeria (CBN) has sanctioned five convensional banks for contravening the Banks and Other Financial Institutions Act (BOFIA) in 2014. The sanction has therefore, dippened the shareholders funds of the commercial banks by…

It’s Not Been Nice Doing Business with You

Ibrahim Ola Balogun It’s Not Been Nice Doing Business with You Ibrahim Ola Balogun A fundamental premise of doing business requires economic activities to stipulate sound rules and favorable environment. Businesses operate better in an…

FG approves N185b for petroleum marketers

By Our Correspondent The Fuel scarcity plaguing Nigerians may ease off before the week runs out as the Federal Government has acceded to the demands of petroleum marketers. Dr. Ngozi Okonjo-Iweala, the Coordinating Minister of…