Chams HoldCo targets N7.65 bn in hybrid offer to drive expansion
First Bank named Nigeria’s strongest brand in 2026 by Brand Finance
Shareholders get N158b dividends from 9 banks in 2015
FG, Diamond Bank partner to develop entrepreneurs
Fashola unveils plans on mass housing
Brexit’ll boost Nigeria’s foreign exchange policy- CBN
Why Brexit is grim news for world economy- The Economist
What you need to start your business
FG urged to invest recovered loot in housing
NSE capitalisation hits N10trn mark
Ad ethics: Milk brands flex muscle
Why tax deficit persists- SystemSpecs
NERFUND closure puts N7bn loans in jeopardy

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How to manage your business to success
The first thing you need to do is look at the systems you currently have in place. What is it that constantly frustrates you, or that you feel you are spending too much time on? Are you continually searching around looking for an email address? Or cannot tell at a glance if your project is on track? Make a list of where you feel the problems are – these are your time drains. This is where you need to make improvements in your systems so that they work for you and not against you.
Mixed feelings on Naira rate as market opens today
Mixed reactions have trailed CBN’s announcement on Wednesday of a flexible exchange rate in the foreign exchange market. While some foreign investors are keeping sealed lips, others are saying they will wait and see the level of the exchange rate depreciation before venturing into the Nigeria market. However, local investors are cautious in their reactions stating that the economy was held down by government control for too long.
SMEs in Abia get N1bn lifeline from BoI, govt
The Bank of Industry (BoI) and the Abia State Government have signed an agreement to pump N1 billion into the Small and Medium Enterprise (SME) sector of the state. The Memorandum of Understanding between the bank and the state was signed at the Government House, Umuahia.
Using Monopoly as grass root financial literacy tool
To capture financial literacy from the grass root, Monopoly has been identified as a tool due to financial mistakes of so many in the past. Monopoly is an educative game especially when it comes to financial management and investment, demonstrating that an economy which rewards wealth creation is better than one in which monopolists work under few constraints.
Elumelu canvasses for listing of public entities
Chairman Heirs Holdings, Mr. Tony Elumelu, gave this advice at a two-day stakeholders’ forum on “Realising the full potentials of the Nigerian economy through proactive capital market legislation” held in Abuja. He lamented that “presently, the Nigerian public feel excluded from the Nigerian oil and gas sector as only a small percentage of the elite have so far managed to gain access through processes that are stringent and highly capital intensive.”
Banks deposit N613bn with CBN as inter-bank lending declines
Banks deposited N613 billion idle funds with the Central Bank of Nigeria last week, indicating apathy for lending to each other in the interbank market. Vanguard investigation revealed that the amount of idle funds banks deposited with the CBN, through its Standing Deposit Facility (SDL) rose by 23 per cent last week from N498 billion the previous week to N613 billion last week.
Why adoption of digital financial services remains low in Nigeria
A preliminary research report from an ongoing study on Digital Financial Services, DFS, in Nigeria being undertaken by the Lagos Business School’s Sustainable DFS project has revealed that adoption of DFS in Nigeria remains critically low among the under-banked and the unbanked population.
How to overcome challenges, obstacles as an entrepreneur
Overcome Obstacles the day you make up your mind to start a business, that’s the day your name will be written in the ‘’book of world changers”. Being an entrepreneur isn’t as easy as some people think. If it was, we would have a high number of job opportunities. If you’re an entrepreneur or small business owner reading this content, congratulations! You’re indeed a blessing to the world. Without mincing words, here are 8 ways to overcome obstacles and limitations as an entrepreneur.
Miners reject increment in cadastral charges
Miners Association of Nigeria, MAN, has rejected the recent increment in cadastral charges effected by the Mining Cadastral Office, MCO, and called for downward review. This was stated by the National President, MAN, Sani Shehu, in Abuja, at a media briefing on mining development in Nigeria.
Banks shut doors on BDCs, politically-exposed persons
Indications emerged weekend that banks have started to close the accounts of suspect Bureaux de Change (BDCs) and some politically exposed persons to avoid Economic and Financial Crime Commission’s (EFCC) raid on them. Top bankers said that in some of the banks, both registered and unregistered Bureaux de Change are facing the risk of having their accounts closed by banks.
Nigeria needs sustainable housing policy- Fashola
In a bid to effectively tackle Nigeria’s housing problems, the country requires a consistent, measurable and sustainable housing policy that must be led by government and subsequently driven by the private sector. Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this at the recently concluded 35th Annual General Meeting and Housing Symposium of Shelter Afrique held in Abuja.
Fuel importation: Forex access remains huge challenge- Total
Total Nigeria Plc has stated that access to Foreign Exchange (forex) remains a huge challenge in its petroleum marketing business despite the removal of oil subsidy by the Federal Government. The company has also declared a N12.00 per share dividend, having paid an interim dividend of N2.00 per share, thus making it a total of N14.00 per share dividend declared for the financial year ended December 31, 2015.
NAMA, NAF to collaborate on safety of airspace
The Nigerian Airspace Management Agency, NAMA, and the Nigerian Air Force ,NAF, are collaborating to make Nigeria airspace safer. The two institutions are deliberating in the areas of security of navigational infrastructure, calibration of navigational aids, training of personnel and exchange programmes.
Heritage Bank begins implementation of CBN’s N3bn youth fund
Heritage Bank Limited will this week commence the implementation of the N3 billion Youth Innovative Entrepreneurship Development Programme (YIEDP) of the Central Bank of Nigeria (CBN). The CBN selected Heritage Bank Limited as its pilot partner bank to unveil, administer and manage YIEDP. The programme, according to CBN, was designed to provide timely and affordable credit to assist youths in implementing their business ideas, thereby providing the mechanism of stimulating growth, reducing unemployment as well as addressing youth restiveness.
Economic downturn: Opportunity to invest in Nigeria’s future- AMfB
Accion Microfinance Bank (AMfB), weekend, said that the economic downturn opens up opportunities to invest further in the future of Nigeria. Chairman, AMfB, Mr. Patrick Akinwuntan, said this at the bank’s 10th Annual General Meeting for the financial year ended December 31, 2015, stating, “We see the challenges, we face it but we are quite reassured that it is indeed an opportunity for us to demonstrate value to our customers and to invest further in the future of Nigeria.

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