USSD Charges: Banks Disown MTN

The body of Nigerian Bank Chief Executive Officers, CEOs, has reacted to report that banks directed MTN Nigeria Communication Plc to start charging customers for USSD transactions. It dismissed the claim from... Read more »

Nigeria, Germany sign new deal

The Federal Government on Friday in Abuja signed a €70million financing bilateral agreement with the Republic of Germany. The agreement was on sustainable economic development, renewable energy, polio eradication, internally-displaced persons and... Read more »

How Naira fared against Dollar, Euro, British Pounds on Thursday

Naira’s good performance at the foreign exchange market on Wednesday, September 4, 2019 ran into its second consecutive day, as the currency performed strongly across the parallel, investors, and Interbank windows of... Read more »
naira againt dollar

How Naira fared against Dollar on Monday

The Naira on Monday traded at N358.6 to the dollar at the parallel market in Lagos. The pound sterling and the euro closed at N445 and N396, respectively. At the Bureau De... Read more »

How To Convince Foreigners To Do Legitimate Business With You In Nigeria

It is no doubt the increase in cyber crimes has made foreigners sceptical about doing any kind of business with anyone from Africa’s most populous nation, Nigeria. The moment you mention you... Read more »
FCMB branch Ile-Ife, Osun

FCMB opens new branch in Ile-Ife, Osun State; reiterates commitment to excellent service-delivery

On Wednesday, July 3, 2019, First City Monument Bank (FCMB) opened a new ultra-modern branch in Ile-Ife, Osun State. The new branch is located at 3, Akarabata Layout (along Lagere Road), Ile-Ife.... Read more »

Forbes Ranks Nigeria 110th For Ease Of Doing Business In 2019

Nigeria has been rated the 110th best country for business in the world in 2019, out of 161 graded countries. South Africa, according to the list released by Forbes, came first in... Read more »

Naira Weakens At Forex Market As Foreign Reserves Drop To $43bn

The local currency put up a weak performance at the foreign exchange (forex) market last week amid declining external reserves that fell further by 1.30 percent to $43.35 billion as at Thursday,... Read more »

FCMB Drives Growth, Organises ‘Business Finance Training’ For SMEs in Abuja

First City Monument Bank (FCMB) has reiterated its commitment to champion and execute initiatives that would boost the growth and performance of Small and Medium Scale Enterprises (SMEs) through increased lending, capacity... Read more »

AIICO Commences Agriculture Insurance

AIICO Insurance Plc said it has gotten approval from the National Insurance Commission (NAICOM) to underwrite agriculture insurance. The company said it is taking strategic position to be a major player in... Read more »