Business and Economy
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Banks’ Dollar demand slumps over looming Dollar crash
The efforts of the Central Bank of Nigeria (CBN) aimed at ensuring stability in the foreign exchange market may have…
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Lagos true role model for growing businesses in Nigeria – FG …Friendly business environment key to improved GDP, says Ambode
The Federal Government on Thursday described Lagos State as a true model of the vision of improving on the ease…
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Hosting African Maritime Administrations wil boost Nigeria’s maritime hub status – Peterside …Conference to create opportunities to grow economy.
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the hosting…
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Banks’ dollar demand slumps…over fear of dollar crash
There are strong indications that the demand for foreign exchange by authorized dealers has slumped, as the dealers were…
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Aliko Dangote: The African Icon at 60! By Kashim Ibrahim-Imam
Forbes described him as “the face of new Nigeria”. In reality, this doesn’t even begin to sum up the essence…
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NDDC pays over N30b to Contractors
The Niger Delta Development Commission, NDDC, has paid over N30 billion to its contractors since the new board and…
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NLNG MD appointed onto NESG Board
Nigeria LNG Limited Managing Director and Chief Executive, Mr Tony Attah, has been appointed to the Board of the…
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Nigerdock boosts local content with delivery of EGINA FPSO fabricated structures
Leading indigenous energy services company, Nigerdock, has given a further boost to local content drive in Nigeria having successfully…
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Cross River, South Africa to establish international hotel college in Calabar
Cross River State and North West Province of South Africa, last week consolidated their twin cities’ partnership between Mafikeng and…
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CBN sells $100m to SMEs … makes $100m spot wholesale … May open window for dividend remittances
Small and Medium Enterprises (SMEs) in the country involved in the importation of critical and eligible finished and semi-finished…
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NCS promotes 3,487 Customs Officers
Following Presidential approval, the Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) has released the promotion of 3,487 Senior Officers…
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EFCC uncovers another huge stack of foreign currencies in Lagos
A tip from a whistle blower Monday led operatives of the Economic and Financial Crimes Commission, EFCC, to intercept huge…
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Forex: CBN opens special window for SMEs …begins massive sale with $141m …sells $10,000 each to BDCs
The Central Bank of Nigeria (CBN) has opened a special Forex window for Small and Medium Enterprises (SMEs) to enable…
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Heritage Bank partners Workforce Group to promote impactful leadership
Heritage Bank Plc, Nigeria’s most innovative banking service provider, has partnered Workforce Group in a bid to enhance impactful…
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CBN to sustain intervention in FOREX market
In its avowed determination to ensure ample supply of foreign exchange liquidity in the market, the Central Bank of Nigeria…
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Nigerdock drives to deepen Nigeria – UK relations; attract more investments
The new British Deputy High Commissioner for Lagos, Laure Beaufils, visited Snake Island Integrated Free Zone (SIIFZ) to see…
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“Vacate Enugu state now,” Assembly orders Electricity Distribution Company; Protesters storm Assembly against EEDC
From: Madu Ezenoha , Enugu Enugu state House of Assembly has passed a motion ordering Enugu Electricity Distributon Company (EEDC)…
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FG sets up inter-ministerial committee on pension liability
President Muhammadu Buhari has approved the constitution of an inter-ministerial committee on pension liability to reconcile outstanding pension…
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Union Bank tutors over 3000 students on financial literacy
Executives of Union Bank, one of Nigeria’s most-respected financial institutions celebrated Financial Literacy Day on March 30, 2017 by…
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Baryte miners, processors urged to scale up process …..as Minister urges oil companies to patronize local market
The Minister of Mines and Steel Development, Dr. Kayode Fayemi, has called on miners and processors of baryte in the…
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No more political patronage in contract awards – Nsima Ekere
The new Niger Delta Development Commission, NDDC, will adhere strictly to due process and not consider political patronage as a…
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LASG terminates Badagry 48-room hotel project contract
The Lagos State Government has terminated the contract for the construction of a 48-bedroom hotel project at the VIP chalets…
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FOREX: CBN offers $100m for wholesale
The Central Bank of Nigeria (CBN) on Thursday, April 6, 2017, offered the sum of $100 million to authorized…
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CBN boosts BDCs…Makes $10,000 special midweek intervention
The Central Bank of Nigeria (CBN) in its bid to sustain supply of liquidity to the foreign exchange market, has…
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