News

Guaranty Trust Bank Plc has joined a growing list of Nigerian banks to suspend international transactions of their naira-denominated Mastercard. According to the bank, this suspension will come into effect...

The Central Bank of Nigeria has said it received 2,432 complaints against financial institutions in the first six months of this year. This was contained in the CBN Financial Stability...

The House of Representatives ad hoc committee investigating the alleged loss of over $2.4bn revenue to illegal sale of 48 million barrels of crude oil export in 2015, on Thursday,...

Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced the appointment of new directors across the group after receiving all necessary regulatory approvals. The new appointments were...

Oil fell for the second day on Thursday, owing to an uncertain demand outlook and the spread of COVID-19 infections in China, the world's largest oil importer. The Chinese government...

Wema Bank Plc's board of directors has appointed Moruf Oseni as its Managing Director/Chief Executive Officer, effective April 1st, 2023. According to a statement obtained by Naijaonpoint, Oseni will succeed...

The Nigerian Safety Investigation Bureau on Thursday said it had released a total of 272 safety recommendations and 82 accident reports of air crashes and various incidents recorded in the...

The President, Major General Muhammadu Buhari (retd.), on Thursday, said his government had spent over $400m (N179bn), to liberate Ajaokuta Steel complex from the “legal traps” that have kept it...

Ogun, Kano, Kaduna, Nasarawa, and Ekiti states passed a combined N1.38tn 2023 budgets into law on Thursday. The Ogun State House of Assembly passed an appropriation bill of N472.25bn into...

About 37.3 million Nigerians get potable water from 10,053 water supply schemes and projects developed in urban centres and rural areas by the Federal Government and its partners in various...