Business and Economy
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CBN disburses $61m to foreign airlines to settle mature foreign exchange backlog
CBN Governor, Yemi Cardoso By Kadiri Abdulrahman Abuja, Jan. 7, 2024 The Central Bank of Nigeria (CBN), says it has…
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Dangote reacts to EFCC’s visit to its Headquarters …Says agency only visited, not raided head office
Management of Dangote Industries Limited has doused the concerns of stakeholders following the visit to its Head office in Lagos…
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NNPC Ltd gifts N200,000 PMS voucher to lady mocked on social media
Mummy Zee, NNPC Ltd N200,000 PMS voucher beneficiary By Emmanuella Anokam Abuja, Jan. 6, 2024 The Nigerian National Petroleum Company…
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Dangote Refinery receives fifth one million barrels of crude oil cargo; 6th cargo next week
Dangote Petroleum Refinery, on Thursday, received the fifth crude oil shipment of one million barrels of Bonny Light supplied by…
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Africa’s growth to increase in 2024, says UN report
By Cecilia Ologunagba New York, Jan. 4, 2024 Africa’s growth rate is projected to slightly increase from 3.3 per cent…
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No increase in PMS prices, NNPC Ltd. assures Nigerians
The Nigerian National Petroleum Company (NNPC) Ltd. has dismissed as unfounded rumours of an imminent increase in the cost of Premium…
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2024 appropriation bill will tackle hunger – Sen. Adeola
By Abiodun Lawal Ilaro (Ogun), Jan. 3, 2023 Sen. Solomon Adeola (APC-Ogun West), the Chairman, Senate Committee on Appropriation, has…
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Tinubu signs 2024 budget into law
By Ismail Abdulaziz Abuja, Jan. 1, 2024 President Bola Tinubu, on Monday in Abuja, signed the 2024 appropriation bill of…
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Senate passes N28.7trn 2024 Appropriation Bill
By Kingsley Okoye Abuja, Dec .30, 2023 The Senate has passed the N28.7trillion 2024 Appropriation Bill, increasing the budget from…
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Union Bank reports 461% growth in PBT in Q3, 2023
Union Bank Plc has announced a significant financial performance for the third quarter ending September 30, 2023. The bank reported…
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Fidelity Bank scores big in KPMG Customer Experience Survey
In what has been termed the crowning glory of a successful year, leading financial institution – Fidelity Bank Plc –…
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Gov. Adeleke signs 2024 Budget into law; Osun workers receive wage award alerts
OSOGBO- 29/12/2024 Governor Ademola Adeleke of Osun State has signed the budget 2024 bill into law with a promise to…
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Emir of Zazzau extols benefits of non-interest bank
Emir of Zazzau in Zaria, Kaduna State, Ambassador Ahmed Nuhu Bamali has extolled the benefits of The Alternative Bank (TAB)…
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CBN assures depositors of safety of their funds
The Central Bank of Nigeria (CBN) has dismissed reports in some media outlets about a recommendation for the Federal Government…
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TTB/Union Bank: A call for transparency by investigators
By Azubike Ugwu In the last three days, we have seen a storm of allegations regarding the ownership of Titan…
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Allegations in Obazee report are false, misleading, satanic – Emefiele; Wants investigator investigated
Former Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said that the allegations against him, contained in a…
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We won’t tolerate protest to disrupt Aiteo’s oil production – Bayelsa govt.
By Nathan Nwakamma Yenagoa, Dec. 24, 2023 The Bayelsa government, says it will not allow a protest planned for Dec.…
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U.S-based money transfer company seeks patronage from Nigerians
By Cecilia Ologunagba New York, Dec. 24, 2023 Remitly, a U.S.-based money transfer company has solicited the patronage of Nigerians…
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CBN lifts ban on cryptocurrency transactions
By Kadiri Abdulrahman Abuja, Dec. 23, 2023 The Central Bank of Nigeria (CBN) has lifted the ban it imposed two years…
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NIMASA, NSML partner to train 150 NSDP Cadets
— NSML inducts 50 cadets for CoC training, examinations. – We are committed to industry capacity development – Jamoh. The Nigerian…
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CBN cautions banks, PoS operators over availability of the Naira
…Provides Digital Feedback Box to address complaints The Central Bank of Nigeria (CBN) says it has been made aware of…
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We’ll use gas to revolutionise Nigeria’s power, industries – Kyari
By Emmanuella Anokam Abuja, Dec. 20, 2023 The Group Chief Executive Officer (GCEO), Nigerian National Petroleum Company (NNPC) Ltd., Mr.…
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NCDMB commits to capacity utilisation, patronage for Nigerian service companies
The Nigerian Content Development and Monitoring Board (NCDMB) has assured that patronage and deployment of indigenous oil and gas service…
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ACAMB mourns Abdul Imoyo, its esteemed Publicity Secretary
Lagos, Nigeria – December 18, 2023 The Association of Corporate & Marketing Communications Professionals in Banks in Nigeria (ACAMB) has…
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15,000 Lagos traders get N50,000 cash support, as Sanwo-Olu launches market palliative scheme
•Governor commissions middle-level Fresh Food Market in Mushin, expands food supply chain •’Sanwo-Olu has paid us back in goodwill’ –…
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