The Central Bank of Nigeria (CBN) has said it had reviewed downward the fee payable on oil and gas export under the Nigerian Export Supervision Scheme (NESS) from 0.2 per cent of the free on board (FOB) value to 0.12 per cent. The banking sector regulator, which disclosed this in […]

A combined team of bank examiners from the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) Monday commenced the maiden examination on the operations of Keystone Bank Limited, Enterprise Bank Limited and Mainstreet Bank Limited, THISDAY gathered. The three banks were created on August 14, last year […]

Tiger Brands, a major South African food company, has announced that it is holding talks with the Dangote Group on investment matters. Specifically, the company explained that it had been holding discussions with Dangote Industries over its stake in Dangote Flour Mills Plc. The talks, according to Reuters on Monday, […]