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Cadbury Nigeria announces MD's retirement, appoints finance director as interim head

Nigeria, Dec. 1 -- Cadbury Nigeria Plc announced the retirement of its Managing Director, Oyeyimika Adeboye, effective 30 November, marking the end of her 17-year career with the company. Mrs Adeboye... Read More


NDIC calls on estate surveyors to ensure accuracy in failed bank asset valuations

Nigeria, Dec. 1 -- The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Thompson Sunday, has urged members of the Nigerian Institution of Estate Surveyors & V... Read More


CBN orders banks to withdraw non-compliant adverts, gives 30-day deadline

Nigeria, Nov. 30 -- The Central Bank of Nigeria (CBN) has ordered banks, payment service banks, and other financial institutions to immediately withdraw any advertisements or promotional materials tha... Read More


CBN holds benchmark rate at 27% as inflation continues to ease

Nigeria, Nov. 25 -- Nigeria's central bank on Tuesday kept its benchmark interest rate unchanged at 27 per cent, maintaining its policy stance as inflation continues to slow and economic conditions st... Read More


Global economy 'better than feared but worse than needed' - IMF

Nigeria, Nov. 24 -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Saturday that the global economy continued to show resilience despite multiple shocks, but remained... Read More


Fintech in Nigeria faces a reset as growth pressures mount - Banker

Nigeria, Nov. 22 -- Increasing comfort with the use of mobile and digital banking has prompted banks and fintechs to explore tools such as artificial intelligence, embedded finance, and blockchain to ... Read More


Again, FG rejects religious framing of Nigeria's security crisis as terror attacks escalate

Nigeria, Nov. 20 -- The Federal Government on Wednesday dismissed attempts to portray the country's security crisis as religiously driven, saying terrorists and criminal groups were attacking citizens... Read More


IEI announces CEO resignation, names acting head

Nigeria, Nov. 19 -- International Energy Insurance Plc (IEI) said its managing director and chief executive, Olasupo Sogelola, resigned from the company with effect from 12 November, marking another m... Read More


Policy reversals undermine Nigeria's reform agenda, experts warn

Nigeria, Nov. 18 -- Frequent policy reversals and weak coordination across government are undermining Nigeria's reform efforts and damaging public trust, experts said on Saturday at the second edition... Read More


Suspending fuel import duty endangers jobs, FX stability, energy independence - CPPE

Nigeria, Nov. 17 -- The Centre for the Promotion of Private Enterprise (CPPE) warned that Nigeria's suspension of the 15 per cent import duty on petrol and diesel could weaken domestic refining, hurt ... Read More