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Fines: CBN deducts N5.61bn from accounts of three banks

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ABUJA, SEPTEMBER 7, 2018 – The Central Bank of Nigeria has debited the accounts of three banks to the tune of N5.61bn, being the...

BUA Group CEO Announces Plan to Set up Cement Factory in...

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EBONYI, SEPTEMBER 7, 2018 – Chief Executive Officer (CEO) of BUA Group, Mr Kabiru Rabiu during a visit with his team to the Government...

Air passenger numbers exceeded 4 billion for the first time-IATA

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FRI, SEPT 07 2018-theG&BJournal-The International Air Transport Association (IATA) announced industry performance statistics for 2017. Worldwide annual air passenger numbers exceeded 4 billion for...

Nigeria confirms 8.9% contraction in Q2 external trade

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FRI, SEPT 07 2018-theG&BJournal-Nigeria’s foreign trade contracted 8.9% in Q2-18 to stand N6,569.98 billion in Q2, the National Bureau of Statistics (NBS) reported on...

35 year old Dylan Washington Taylor leads struggle for democracy in...

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FRI, SEPT 07 2018-theG&BJournal-Botswana is well known internationally as the most democratic country in Africa. However Dylan Washington Taylor a 35 year old young...

Vantage Capital exits New GX Capital

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…This exit achieves returns for Vantage’s Fund III investors of more than 35% FRI, SEPT 07 2018-theG&BJournal-Vantage Capital (VantageCapital.co.za), Africa’s largest mezzanine debt fund manager,...

Glo records 66% of all new data users in July

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FRI, SEPT 07 2018-theG&BJournal-Regulator of Nigeria’s telecommunications sector, Nigerian Communications Commission (NCC), has indicated that Globacom had the highest new internet subscriber acquisition record...

Renaissance Capital strengthens its capital markets team

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…Appoints Samuel Sule as director to boost the Firm’s expertise in African capital markets FRI, SEPT 07 2018-theG&BJournal-Renaissance Capital, a leading emerging and frontier markets...

Application open for 2018 TEF Entrepreneurship Forum

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FRI, SEPT 07 2018-theG&BJournal-The Tony Elumelu Foundation, Africa’s leading entrepreneurship-focused philanthropy, has announced a call for entries for the 2018 TEF Entrepreneurship Forum Travel...

CBN debits Standard Chartered $7.9 million after moving MTN funds -sources

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ABUJA, SEPTEMBER 6, 2018 - THE central bank of Nigeria has debited Standard Chartered 2.4 billion naira ($7.86 million) after it fined the lender...