Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira gained N46.19 ..read more

Lagos-Calabar coastal project is a very important project with unparalleled economic value. This is a road that connects Nigeria's biggest economic zone, Lekki Free Trade Zone housing the Dangote refinery, Lekki Deep sea port, and many existing and potential industries to the rest of the south and the north via a 10-lane dual carriageway ..read more

According to the bank, this impressive performance across all business segments directly results from FCMB Group's strategic initiatives, which align perfectly with its purpose of fostering inclusive and sustainable growth in the communities it serves ..read more

“The separation of responsibilities between entities allows for a concentrated focus, with transmission services management predominantly revolving around technological aspects, while system operations are entrenched in energy economics ..read more

The Nigerian currency gained N2.27, representing a 0.16 percent increase when compared to Thursday’s exchange rate of N1,402.67. However, the total daily turnover reduced to 201.88 million dollars on Friday, down from 232.84 million dollars recorded on Thursday ..read more

Speaking at the launching, which took place at the Dr Obi Wali International Conference Centre in Port Harcourt on Friday, Fubara noted that the lack of access to credit had continued to aggravate financial exclusion and choked the prospects for individuals to realise their economic aspirations for a better life. He noted that with the scheme, which is a partnership between Rivers State Government and BOI, now launched, a surest path has been secured to achieve entrepreneurial success and economic prosperity in the State ..read more

The commissioner added that the Total Capital expenditure recorded a performance of 54%, which is N178.728 billion, disclosing that the Total Expenditure (Budget Size) recorded a performance of 65%, which is N368.352 billion ..read more

The purchasers say they have fully paid for the properties but Haven homes was asking them for an inflated service charge of N10 million before being given possession of their properties ..read more

Hassan said: “By increasing deposit insurance coverage, we are ensuring that depositors are better protected in the unlikely event of a bank failure ..read more

For the year ended December 31, 2023, FCMB Group Plc grew deposits, loans, assets under management, revenue and earnings and improved its environmental, social, and corporate governance scorecard ..read more