Category : Search result: Paramount Bank Kenya


Kenya: Economic Crisis & Political Unrest Deepen

Kenya faces multiple crises: public debt hits 68% of GDP, 41 protest deaths, rising femicide cases, and environmental breakdown. Can President Ruto's priorities save East Africa's powerhouse?

Union Bank Rewards Top Teachers with Millions

Union Bank of Nigeria honoured exceptional educators at the 11th Maltina Teacher of the Year Awards in Lagos. Discover the winners and the bank's commitment to education.

Oborevwori hails Navy's role in national stability

Delta State Governor Sheriff Oborevwori commended the Nigerian Navy for safeguarding maritime assets and oil infrastructure. The state also plans a ₦1bn BOI loan to boost industrialization.

Naira weakens to N1,456.72/$ as economy faces pressure

Naira depreciates by 0.98% to N1,456.72/$ amid dollar demand and structural challenges. Nigeria's foreign reserves rise to $44.12 billion despite oil price decline. Learn more about the economic outlook.

Court Orders Police Out of Nestoil Premises

Federal High Court directs Lagos Police to withdraw officers from Nestoil facilities in ongoing debt dispute with FBNQuest Merchant Bank. Latest ruling shifts case dynamics.

Naira Recovers Against Dollar as FX Reserves Soar

Naira strengthens against US dollar after recent decline, closing at N1,452.13. Nigeria's foreign reserves hit $46.7 billion, highest in 7 years. Traders expect continued volatility despite positive indicators.

GrabrFi Offers US Bank Accounts to Nigerian Freelancers

Nigerian freelancers and professionals can now open US bank accounts with GrabrFi to receive USD payments without fees, avoid currency devaluation, and access global financial tools for their borderless careers.

Court Vacates Nestoil Receivership Orders

Federal High Court nullifies previous receivership orders against Nestoil and Neconde. Justice Osiagor to hear case de novo starting November 20, 2025. Read the latest developments.

Court awards N20.7bn against petroleum marketer

A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.

Nigeria aims to cut $18M lapsed loans by 61%

Federal Government plans to reduce outstanding lapsed loans from $18 million to $7 million through new financial reforms and blockchain technology for World Bank projects.

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