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The Asset Management Corporation of Nigeria (AMCON) N3.8 trillion six-year Notes will mature in 2023, a report by the Central Bank of Nigeria (CBN) has shown. According to the CBN’s Annual Activity Report, the AMCON Bond was issued in December 2014 at six per cent interest rate and have …...

Access Bank has introduced a financing scheme for procurement of phones for more Nigerians to get connected to more businesses online and deepen financial inclusion..... Read more via Naijabizcom – https://ift.tt/2P1VMe1 Get more: Nigeria Business News

Industry stakeholders have called for further clarification on the recent pronouncement by President Muhammadu Buhari that Nigeria has attained food security, and as such, the Central Bank of Nigeria (CBN), should not.... Read more via Naijabizcom – https://ift.tt/2z3lxjj Get more: Nigeria...

The Central Bank of Nigeria on Monday unveiled fresh plans to revive the palm oil value chain to enable the sector to generate foreign exchange and reduce the level of unemployment in the country. The CBN Governor, Mr Godwin Emefiele, unveiled the strategies while speaking during a meeting...

Importation of palm oil into the country gulped $1.4bn (about N504bn) in the past five years, investigation has shown. Global import data from the United States Department of Agriculture indicate that Nigeria imported a total of 2.04 million tonnes of palm oil between 2014 and the first few...

Olam International, a leading food and agri-business company, that previously showed interest in the acquisition of Dangote Flour Mill (DFM) has made a final offer of N120 billion. The transaction if successful will make DFM a completely owned subsidiary of Olam International. Dangote Flour...

Committed to providing B2B-focused, on-demand, and last-mile delivery service in Nigeria, Africa Delivery Technologies, which trades as Kwik, has launched in Lagos. The startup, which was founded in July 2018, is the latest on the African continent to go after solving the logistics and last...

The Chairman of the Development Bank of Nigeria (DBN), Dr. Shehu Yahaya, has said the bank has impacted over 50,000 Micro, Small and Medium scale Enterprises (MSMEs) and has given out about N70bn in loans to them since inception one and half years ago. DBN was established in 2014, … Read...

The Nigerian National Petroleum Corporation (NNPC) says it will supply 10 per cent of its crude oil export to India to help resolve a growing energy crisis in the country. India, the world’s second most populous country, needs crude oil and refined petroleum products from other countries to...

The pound was on track for its biggest monthly loss against the euro in two years on Friday, also losing ground against the dollar as currency markets were swept by rising risk aversion. U.S. President Donald Trump’s shock threat to slap new tariffs on Mexico sent investors to the … Read...

According to Ifetemi who shared the report via his social media, the man who many believed was a madman was caught at Egbeda trying to kidnap a child before he was arrested. Ifetemi wrote ; We should all be very vigilant about people we see nd think they are … Read more via NaijaBizCom.Com...

Nigeria‘s Nollywood Actress, Ebube Nwagbo in an interview with Saturday Beats has said that she won’t be rushing to marriage for now, as she’s yet to find the man that pleases her. According to the single actress she’s been having lots of pressures to get married, but she won’t. She said; …...

Davido’s Fall continues to gain recognition worldwide as more international artistes have come out to praise the singer’s musical prowess. Several celebrities like Tory Lanez, Busta Rhymes and Prayyah have been spotted listening to and Dj … via NaijaBizCom.Com – http://bit.ly/2YuTZxP Get...

Despite the surge in activities of financial technology (fintech) companies that have continued to encroach on commercial banks’ businesses, 11 banks in the country raked in a total of N24.957 trillion as customer deposits as at the end of 2018. The amount represents an increase of 16 per cent...

Oil prices rose more than 1% on Monday, lifted by growing concern over supply disruptions in the Middle East even as a standoff in the Sino-U.S. trade talks prompted investors to fret about the global economic outlook. Brent crude futures rose 83 cents to $71.45 a barrel, a 1.2 … Read more...

A Federal High Court in, Houston, Texas, in the United States of America (USA) has sentenced a Nigerian, Hammed Akinola, to 180 months (15 years) imprisonment for a $10million fraud.... Read more via NaijaBizCom.Com – http://bit.ly/2vK53uD Get More Nigeria Metro News

Teni has joined the growing list of Nigerian celebrities who have been featured on Vogue Magazine, and this came just after she released her hit single ‘Sugar Mummy’..... Read more via NaijaBizCom.Com – http://bit.ly/305UbFt Get more Nigeria Entertainment News

According to a representative for The Metropolitan Museum of Art, they were able to raise $15 million in just one night. The Met Gala is held annually as a way to help fund their yearly exhibitions, publications, acquisitions, and capital improvements... via NaijaBizCom.Com –...

RUSSIA and Nigeria have signed agreements on construction and operation of a nuclear power plant and a research centre housing a multi-purpose nuclear research reactor in Nigeria.... Read more via NaijaBizCom.Com – http://bit.ly/2J0McV6 Get More Nigeria Metro News

New updates on 2019 UTME are here and the Registrar, Joint Admissions and Matriculation Board (JAMB) , Prof. Is-haq Oloyede, on Friday said the outcome of its probe.... Read more via NaijaBizCom.Com – http://bit.ly/2Jdgp2t Get More Nigeria Metro News