Fidelity Wins 2014 Green Era Award

FIDELITY Bank has won the Green Era Award in recognition of its green initiatives. Announcing the award at a gala night during the 2014 Green Economy Forum in Germany, Association of Other Ways Management and Consulting, organisers of the event, said Fidelity Bank was adjudged the …

Nigeria to Export Urea By 2017

NIGERIA will be the largest exporter of urea in Africa, by 2017. Aliko Dangote, president, Dangote Group, at an interactive session between members of the organised private sector and Godwin Emefiele, governor, Central Bank of Nigeria, CBN, on recent developments in the global oil prices and its effect …

CBN to Review Bank’s Forex Transactions

THE Central Bank of Nigeria is to review the amount banks can hold in dollars for transactions in the foreign exchange market. CBN had in December stopped banks from holding any amount of their shareholders’ funds in dollars to curb speculative forex dealings. Godwin Emefiele, governor of CBN, …