Food Crisis: Cost of healthy diet rises further — NBS Report
By Elizabeth Adegbesan Despite the moderation in inflation rate reported by the National Bureau of Statistics, NBS, the financial burden of feeding on Nigerian households may have intensified as the national average Cost of a Healthy Diet (CoHD) climbed to N1,541 per adult per in March 2026, about 4.4 per cent up from N1,477 in March […]
Bank customers defraud their banks —FITC
Financial Institution Training Centre, FITC has said that customers have also been found to be defrauding their banks.
Ecobank, Citibank, others support UK exporters with £3bn
United Kingdom Export Finance (UKEF), an arm of the UK Government that works as an export credit agency, has named Ecobank Nigeria as one of its partnering financial institutions to help deliver £3 billion Direct Lending Facility (DLF) support to UK exporters. Under the DLF, UKEF will provide loans to overseas buyers in order to finance the purchase of goods and services from UK exporters.
PZ Cussons Q1 profit drops by 31%
PZ Cussons Nigeria (PZ) has released its first quarter, Q1 2015 results, which showed that while sales of N15.0 billion was flattish , Year on Year, y/y, both Profit Before Tax, PBT and Profit After Tax , PAT declined markedly, both by 31 per cent y/y to N872 million and N555million respectively.
Heritage Bank to sponsor customer service awards
Heritage Bank has said it will play a leading role at the upcoming Nigeria Customer Service Awards (NCSA) in order to reaffirm its commitment to customer satisfaction and excellence in quality service delivery.
Skye Bank pays 20% deposit for purchase of Mainstreet Bank
Skye Bank Plc has paid 20 per cent for the purchaseof Mainstreet Bank after signing the agreement for the 100 per cent shares of Mainstreet Bank from the Asset Management Corporation of Nigeria (AMCON). The Agreement was signed at the Lagos office of AMCON last week.
