Access Bank approves paternity leave for male employees
Access Bank Plc has approved paternity leave for its male employees as lenders step up efforts to offer unique perks for their staff members. “Starting January 2018, male employees of Access Bank can take advantage of an enhanced parental leave policy that extends paid benefits to all mothers and... Read more
Foreign reserves rise to $40.4 billion
Foreign reserves have hit a three-year high at $40.4 billion, data from the Central Bank of Nigeria (CBN) have shown. The figure  indicated an increase of about $1 billion between December 2017 and January 2018. The CBN said the new reserves level was as projected by Governor Godwin Emefiele... Read more
Dangote plans to invest in real estate, microfinance bank and others
The Group Staff Multipurpose Cooperative Society Limited has announced how Dangote plans to invest in real estate and microfinance bank and to make available credit facility for entrepreneurs who are its members. The President, DANCOOPS, Mr. Afolabi Kamoru, stated this at the group’s 10th Annual General Meeting in Lagos.... Read more
Some Nigerian banks stop ATM cash withdrawal abroad
A number of Deposit Money Banks in the country have barred their customers from using debit and credit cards to withdraw dollars, euros, pounds and other foreign currencies whenever they travel abroad, investigation by our correspondent has revealed. The development may put business and leisure travellers, who may need... Read more
Fuel price stays at N145, says Kachikwu
Minister of State for Petroleum, Dr Emmanuel Ibe Kachikwu, has denied news reports that the Federal Government was planning to jack up the pump price of petrol, at present fixed at N145 per litre. Idang Alibi, the Director of Press in the ministry in a statement on Thursday night,... Read more
NNPC to sell petrol directly to marketers
The Nigeria National Petroleum Corporation (NNPC) will sell petroleum products directly to marketers, it was learnt yesterday. The middlemen in the chain are to be eliminated in one of the moves to combat fuel scarcity. A meeting of the committee of stakeholders set up at the Presidential Villa reportedly... Read more
How to reclaim unfair bank charges
If you have incurred wrong or unfair bank charges, banking experts say you can try to reclaim them or come to an arrangement with your bank, especially if you’re in financial hardship. According to www.moneyadvice.org, you can start by talking directly to your bank. If that doesn’t work, you... Read more
Here are the Nigerian women of 2017
All over the world, Nigerian women have been blazing the trails in different fields of endeavour, raising the country’s flag high and challenging those behind to aspire to the stars. Here are some of the women who attracted attention for their great feats in 2017 Nigeria’s bobsleigh team For... Read more
Eko Disco CEO, Amoda, retires
The Managing Director/Chief Executive Officer, Eko Electricity Distribution Company, Dr. Oladele Amoda, has retired after over three decades in the company and the nation’s power sector. “It has been a long journey for me in the sector; I started in 1983 when I joined the then National Electric Power... Read more
Five Companies fight to buy 9mobile
From about 16 firms that initially submitted expression of interest (EoI) to Barclays Africa to acquire Nigeria’s fourth largest carrier, 9mobile, the list has been sifted, with five left to slug it out on the turf of financial and technical capabilities. LUCAS AJANAKU looks at the contenders ahead of... Read more