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N5,000 note won’t trigger inflation – ANAN

The Association of National Accountants of Nigeria has said that the planned introduction of N5,000 note by the Central Bank of Nigeria will not increase the level of inflation in the country. The President of the body, Hajia Maryam Ladi-Ibrahim said this in a statement on Tuesday. She said, “Looking […]

Breaking News! Power Minister, Barth Nnaji Resigns

The crisis rocking the power sector in the country today recorded a high profile casualty as the Minister of power, Prof Barth Nnaji who has been locked in a long drawn battle with workers unions in the sector tendered his resignation which was promptly accepted by President Goodluck Jonathan. Details […]

First Bank seeks shareholders approval for HoldCo

First Bank of Nigeria Plc has announced its intention to seek the approval of its shareholders towards its emergence as a holding company. The bank in a statement on Monday, noted that it would hold a court-ordered Extraordinary General Meeting next month where shareholders of the bank would be expected […]