BUSINESS

CBN Urges Banks to Expedite Recapitalization Efforts

During the MPC meeting, the CBN Governor, Olayemi Cardoso, announced an increase in the interest rate from 22.75% to 24.75%.

CBN Increases Interest Rate to 24.75 Percent

This was announced in a Tuesday communique by CBN Governor Yemi Cardoso after the second MPC meeting of his tenure in Abuja.

Otedola Assumes Chairmanship as FBN Holdings Appoints Five New Directors

The appointments of the five new directors are subject to the approval of the Central Bank of Nigeria (CBN

NNPCL Considers Gas as Catalyst for Nigeria’s Industrialization and Economic Development

NNPC aims to utilize Nigeria’s abundant gas resources to stimulate the country’s industrialization and economic development.

Adaora Umeoji Appointed as Zenith Bank’s First Female GMD/CEO

Zenith Bank has made history by appointing Adaora Umeoji as its first female Group Managing Director/Chief Executive Officer.

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