Business

  As the summer break winds down, leading financial institution, Fidelity Bank Plc, has emphasised its devotion to help schools prepare adequately for the next session and deliver quality education. Through its bespoke product known as the Fidelity Edu Loan, administrators of registered private primary, secondary and tertiary institutions in Nigeria can access loans of up to N180million. In a …

A Platts survey by S&P Global Commodity Insights has shown that crude oil production by the Organization of Petroleum Exporting Countries (OPEC) and its allies have hit a two-year low due to cuts by the Kingdom of Saudi Arabia The survey also showed that the disruptions in Kazakhstan and Nigeria also outweighs the gains in Iran and Iraq, contributing to …

The Chief Executive Officer of Sterling Bank, Abubakar Suleiman, has acquired 50 million units of the shares of Sterling Financial Holdings Company Plc in a deal worth N168m. This was disclosed in a corporate notice on directors dealing which was filed with the Nigerian Exchange Limited on Friday. Suleiman, a non-executive director of the HoldCo, had bought the shares on …

The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has flayed the past administrations of the Central Bank of Nigeria (CBN) for straying from its core mandates and dabbling into fiscal policies under the guise of developing financial activities. This is even as the apex bank’s czar disclosed that under the past administrations, there was also a lack …