Business and Economy
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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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NDDC, Ondo State Government sign MoU on road development
The Niger Delta Development Commission (NDDC) and the Ondo State Government have signed a Memorandum of Understanding for the…
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Forex: Dealers subscribe fully to CBN’s $150m wholesale offer …CBN sells $10,000 to BDCs …CBN to meet forex requests of Airlines, manufacturing, agric, petroleum sectors
Authorised foreign exchange dealers have fully subscribed to the $150 million offered by the Central Bank of Nigeria (CBN)…
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Mining: FG tasks operators on beneficiation
The Federal Government has urged mining operators in the country to focus more on beneficiation against shipment of raw…
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Bilateral Trade : Ambode seeks partnership with Israel on agric, technology
Lagos State Governor, Mr Akinwunmi Ambode on Monday expressed the readiness of the State Government to tap into the agricultural…
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CBN boosts forex supply by $240m …$150m for wholesale auction …$90m for BTA, PTA, medicals, etc. …Adjusts $10,000 BDC sale to Tuesdays only …Directs banks to pay cash to desiring customers OTC
The Central Bank of Nigeria (CBN) on Monday, April 3, 2017, released the sum of $90 million to meet requests…
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NIMASA calls for urgent removal of abandoned ships, wrecks … Warns erring owners risk sanctions.
In a bid to ensure safe and secure shipping on the Nigerian territorial waters, the Nigerian Maritime Administration and Safety…
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SPDC links LiveWIRE beneficiaries to $.8m growth fund
Twenty-eight beneficiaries of the Shell Nigeria LiveWIRE programme are now retooling to get a good share of the $800,000 growth…
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FOREX: CBN set to inject more Dollars into market
There are strong indications that the Central Bank of Nigeria (CBN) is again set to further inject more foreign exchange into…
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Itsekiri politicians stall NDDC projects, sabotage development
Major stakeholders from Itsekiri ethnic nationality have decried the attitude of some politicians from the area who hinder development of…
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‘There’s adequate Forex for PTA, BTA, tuition, medical fees,’ CBN insists; Releases phone line, email address for complaints
The Central Bank of Nigeria, CBN, has described as “totally untrue” claims that there is insufficient foreign exchange in…
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Ugwuanyi laments FG’s abandonment of Enugu Trade Fair Complex; Puts smiles on face of pure water seller
From; Madu Ezenoha, Enugu Enugu state Governor Rt. Hon. Ifeanyi Ugwuanyi at the weekend expressed displeasure over the federal…
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NSE boosts Demutualization as members endorse process
Members of the Nigerian Stock Exchange (NSE) Thursday appeared to have been finally resolved issues around demutualization as they unanimously…
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