ICPC Arrests Sterling Bank Managers Over N258m New Notes Stashed In Vault
THE Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has arrested the officials of the Abuja head office of Sterling.
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NNPC Apologises To Nigerians, Promises Fuel Scarcity Will Ease In One Week
THE Nigerian National Petroleum Company (NNPC) Limited has apologised to Nigerians for the over three months of pains caused by the nationwide fuel.
Business
Shut Down Order From Borno Not Nationwide – IPMAN Chair
THE Independent Petroleum Marketers Association of Nigeria has described as “fake” news doing the rounds that its over 30, 000 members would be.
Business
IPMAN Orders Members To Suspend Operations, Shut Stations In Borno
THE Borno chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed members to suspend all operations. In a statement signed.
Business
Oil Revenue Fell By N500bn In January – Report
NIGERIA lost a total of N500bn in revenue in January as a result of low crude oil production in January, according to findings..
Business
Abuja-Kaduna Train Services: NRC Suspends Officials Over Derailment
THE Nigerian Railway Corporation (NRC) has suspended its officials over a derailment at the Kubwa Train Station penultimate Friday. News Point Nigeria reports.
Business
Dangote Sponsors Kaduna Trade Fair
THE Dangote Industries Limited is the major sponsor of the ongoing 44th Kaduna International Trade Fair which coincides with the 50th anniversary of.
Business
‘Nigeria Loses $500m Yearly To Foreign Airlines’ ‘Exploitative Fares’
THE National Association of Nigeria Travel Agencies (NANTA) has cried out that the deliberate suffocating practices of foreign airlines operating in the country.
Business
CBN Aware Of Nigerians’ Pains, Working On Relief Measures – Emefiele
THE Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that the apex bank acknowledges the pains Nigerians are facing in.
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Zulum Slams CBN Over New Naira Scarcity
GOVERNOR Babagana Zulum of Borno State has described the Central Bank of Nigeria as inconsiderate for making it difficult for the poor and.
Business
N13bn Judgment Debt: GTBank Takes Over Stallion Nigeria’s Assets
GUARANTY Trust Bank (GTB) has taken possession of the assets of Stallion Nigeria Limited in Lagos and its sister firms, following a N13.
Business
OPEC’s Oil Production Drops In January As Saudi Arabia Cuts Output
OPEC’s crude oil production fell in January by around 60,000 barrels per day (bpd) due to cuts by top producer Saudi Arabia which.
Business
NNPCL Signs $741m Deal To Rehabilitate Kaduna Refinery
THE Nigerian National Petroleum Company Limited has struck a $741 million deal with Daewoo Engineering and Construction Company to rehabilitate an oil refinery.
Business
JUST IN: CBN Gives Fresh Directive To Banks On New Naira Notes
THE Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) to commence the payment of the redesigned naira notes over the.
Business
Dangote, Sinoma Sign Agreement To Build New 6mtpa Cement Plant
DANGOTE Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tons per annum cement plant.
Business
Jigawa Govt Decries New Naira Notes Scarcity
THE Jigawa State Government has raised concerns over the scarcity of new naira notes, saying residents of the state are sleeping at Automated.
Business
New Naira: No Nigerian Will Lose Money – Emefiele
THE Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has assured that no Nigerian will lose money under the Naira.
Business
JUST IN: Banks Will Accept Old Naira Notes After Feb 10 Deadline, Emefiele Tells Reps
BANKS will continue to accept the old naira notes even after the deadline for swapping with the newly-designed currency notes, the Central Bank.
Business
JUST IN: CBN Governor Appears Before Reps Committee Over New Naira Notes
THE Central Bank Governor, Godwin Emefiele is before the ad-hoc committee of the house of representatives which is investigating the scarcity of the.
Business
GTBank, Zenith Bank In Trouble For Allegedly Selling Customers’ Data To Third Party
The Nigeria Data Protection Bureau (NDPB) has commenced an investigation into allegations of data breach against Guarantee Trust Bank (GTBank) and Zenith Bank..