Business and Economy
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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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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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