eritvnews: Banking&Finance
Showing posts with label Banking&Finance. Show all posts
Showing posts with label Banking&Finance. Show all posts

Innoson Nigeria Limited, Nigeria’s indigenous vehicle production company, has instituted a move to take over Guaranteed Trust Bank, GTB, following a ruling by the Supreme Court over the bank’s N8.7 billion indebtedness to the company.


Speaking on ‘Insights on Future Exploration Hotspots: Opportunities for Africa’s Oil & Gas Industry, at the 2019 International Petroleum Week conference in London, Baru urged investors to invest in Nigeria through the opportunities.The projects are specifically in the areas of exploration and production, particularly the frontier oil basins, where the group recently flagged off drilling activity.

The Nigerian government has asked the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to proceed on leave ahead of expiration of his tenure.