Recent Posts

21 Chibok Girls Abducted by Boko Haram Released…Govt confirms Report

21 Chibok Girls Abducted by Boko Haram Released Twenty-one girls of Government Secondary School, Chibok, Borno State, who were abducted in the dead of the night two years ago by the Boko Haram sect have reportedly been found. A report by Sahara Reporters on Thursday said the girls were handed over to the Federal Government after they were picked up by a military helicopter …

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CBN assures that Nigerian Banks are Liquid … to Sanction Customers Withdrawing Above $50,000 Annually

CBN assures that Nigerian Banks are Liquid … to Sanction Customers Withdrawing Above $50,000 Annually From FRIDAY EKEOBA Piqued by some international financial reports, that seven banks in the domestic economy are undercapitalised, the Central Bank of Nigeria (CBN) has assured both local and international investors that all banks in the country are solvent to carry out banking operations. The …

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UBA, European Investment Bank Seal €60m Investment Deal

UBA, European Investment Bank Seal €60 million Investment Deal The European Investment Bank and United Bank for Africa (UBA) have agreed a new EUR 60 million lending programme to support private sector investment across Nigeria. This represents the EIB’s largest ever loan to UBA and will allow UBA to provide longer term loans than currently available to private companies in …

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