Business

Business

UBA Gets First Female Africa CEO

THE United Bank for Africa Plc has appointed Ghanaian national, Mrs. Abiola Bawuah, as its Africa new Chief Executive Officer. According to a.

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Business

New Naira Deadline: PoS Operators Make Brisk Business

DESPITE the February 10 extension of naira note deadline, some Point of Sale (PoS) operators are taking advantage of the rush by residents.

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Business

Abuja-Kaduna, Warri-Itakpe Railway Suspension: FG Loses N116.8m In A Few Days

THE Federal Government has lost about N116.8m since the suspension of the Abuja/Kaduna and Warri-Itakpe train services this month. Investigations showed that the.

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Business

Dangote Cement To Conduct Panel Review On Coal Mill, Ibese

IN line with its Environmental Policy and as enshrined in the EIA Act CAP E12, LFN 2004, arrangements are in top gear for.

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Business

JUST IN: CBN Extends Naira Note Deadline To February 10

THE Central Bank of Nigeria (CBN) has extended the deadline for the use of the old notes till February 10. CBN Governor, Godwin.

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Business

JUST IN: 48 Hours To Naira Note Deadline, CBN Insists On Jan 31 Date

THE Central Bank of Nigeria has again said that the January 31 deadline for the validity of the old 200, 500 and 1,000.

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Business

CBN Obligated To Redeem Old Banknotes After January 31, NBA Writes Emefiele

THE Nigerian Bar Association (NBA) says the Central Bank of Nigeria (CBN) is under statutory obligation to redeem the old N200, N500, and.

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Business

President Buhari To Commission Multi Billion Naira Dala Inland Dry Port In Kano Monday

ALL is set for the commissioning of the Dala International Inland Dry Port on Monday 31st January, 2023 by President Muhammadu Buhari at.

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Business

New Naira: Kano Govt, Clerics Urge CBN To Extend Deadline

The Kano State Government and Islamic clerics from Tijjaniyya, Qadiriyya, and Izala sects in the state have called on the Federal Government to.

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Business

JUST IN: Show Up Or You Will Be Arrested, Gbajabiamila Threatens Emefiele

THE Speaker of the House of Representatives, Femi Gbajabiamila, has declared his readiness to issue a warrant of arrest on the Governor of.

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Business

Naira Note Deadline: Governor Zulum Orders Emergency Microfinance Banks

GOVERNOR Babagana Umara Zulum of Borno has directed the state Ministry of Finance to quickly establish branches of existing micro finance banks in.

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Business

National Card Scheme: CBN Bans Dollar Charges On Domestic Transactions

THE Central Bank of Nigeria (CBN) has launched the Nigerian National Domestic Card Scheme, AfriGo, aimed at creating a more robust payment system.

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Business

UK Govt Cuts Tariffs On Nigerian Exports

THE UK government on Wednesday said it had cut tariffs and extended duty free trade in goods exported from Nigeria. Mr Ben Llewellyn-Jones,.

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Business

CBN, NIBSS Launch Domestic Card Scheme Today

THE Central Bank of Nigeria (CBN) in conjunction with the Nigeria Inter Bank Settlement Systems (NIBSS) Plc, the Bankers Committee and other financial.

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Business

Take Your Strikes, Riots Elsewhere Or Else, Aviation Minister Warns Staff

The Federal Government has disclosed that it will no longer permit strikes by aviation workers around airports, because not only does aviation offers.

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Business

FG Spent N10.3trn On Power, Fuel, Naira Subsidies In Six Months – El-Rufa’i

GOVERNOR Nasir El- Rufa’i of Kaduna State has lamented that the huge amount of money being spent by the Federal Government to subsidise.

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Business

Reps Urge NNPC To Ease Off Queues In Filling Stations

THE House of Representatives has urged the Nigerian National Petroleum Corporation (NNPC) Limited as the sole importer of petrol to urgently ease off.

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Business

NIMASA, Five Banks Meet Over Disbursement Of Cabotage Fund

THE management of the Nigerian Maritime Administration and Safety Agency (NIMASA) on Wednesday met with the representatives of Jaiz Bank, United Bank of.

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Business

‘Buhari Will Commission Dangote Refinery Before Leaving Office’

THE Dangote Group of Companies has reacted to what it called some misleading reports regarding the commissioning of Dangote Refinery during the present.

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Business

President Buhari Sets Up 14-member Committee Over Fuel Scarcity

PRESIDENT Muhammadu Buhari has approved the constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution management to ensure transparent and.

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