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Day: February 13, 2020

Diaspora remittance: Reps, NIDCOM reject CBN’s currency conversion policy
Banking

Diaspora remittance: Reps, NIDCOM reject CBN’s currency conversion policy

The House of Representatives and the Nigerians in the Diaspora Commission have criticised the Central Bank of Nigeria policy that…

byEkeminiFebruary 13, 2020
Tin Can Command targets N540 billion revenue for FG in 2020
Local

Tin Can Command targets N540 billion revenue for FG in 2020

The Tin Can Island Command (TCIC) of the Nigerian Customs Service has disclosed plans to achieve its N540 billion revenue target this…

byEkeminiFebruary 13, 2020
CBN’s N154.38 billion T-bills auction over subscribed by 46% as rates fall marginally
BankingLocal

CBN’s N154.38 billion T-bills auction over subscribed by 46% as rates fall marginally

The Central Bank of Nigeria’s (CBN) second Treasury Bills Auction of the year worth N154.38  was oversubscribed by 46% yesterday, with marginal fall…

byEkeminiFebruary 13, 2020
NLNG signs supply agreement with Galp Trading SA
Local

NLNG signs supply agreement with Galp Trading SA

Nigeria Liquefied Natural Gas (NLNG) has signed an agreement with Galp Trading SA to supply one million tonnes of LNG per year.…

byEkeminiFebruary 13, 2020
Uber, Bolt riders lament over high charges, as Okada ban persists in Lagos
BusinessTechnology

Uber, Bolt riders lament over high charges, as Okada ban persists in Lagos

The effect of the ban of commercial motorcycles in some key areas in Lagos is gradually creating holes in the…

byEkeminiFebruary 13, 2020
Customs seizes bags of contraband rice disguised as beans
Local

Customs seizes bags of contraband rice disguised as beans

Adamawa/Taraba State Customs Command of the Nigeria Customs Service, NCS, has impounded trailer load of 330 kilogrammes of Pangolin scales,…

byEkeminiFebruary 13, 2020
NSE to complete demutualisation process, April 24
Local

NSE to complete demutualisation process, April 24

All is now set for the final conversion of the Nigerian Stock Exchange, NSE, to a public liability company as…

byEkeminiFebruary 13, 2020
FG discovers crude oil in north, says there’s more
Local

FG discovers crude oil in north, says there’s more

About one billion barrels of crude oil has been discovered in the North-Eastern part of Nigeria, the Minister of State…

byakintundeFebruary 13, 2020
Harmattan grounds foreign, domestic flights in Nigeria
BusinessLocal

Harmattan grounds foreign, domestic flights in Nigeria

Harmattan hays have caused flight cancellation and delay in the Nigerian Aviation sector grounding foreign airlines throughout the week. The harmattan has led…

byEkeminiFebruary 13, 2020
Access Bank N15bn Green Bond sets for cross listing
Local

Access Bank N15bn Green Bond sets for cross listing

The Access Bank’s proposed listing of its N15 billion Green Bond on the Luxembourg Stock Exchange (LuxSE) has created some…

byEkeminiFebruary 13, 2020
BPE to raise N267bn from privatization of 20 coys
BusinessLocal

BPE to raise N267bn from privatization of 20 coys

The Director-General of the Bureau of Public Enterprises, BPE, Mr Alex Okoh, has advised against re-nationalisation of the nation’s electricity…

byEkeminiFebruary 13, 2020
Stocks gain as data shows lower new coronavirus cases
World

Stocks gain as data shows lower new coronavirus cases

Stock markets around the world scaled fresh records after China reported the lowest number of new coronavirus cases since late…

byEkeminiFebruary 13, 2020
Production, employment’s growth slow in January – CBN
BankingLocal

Production, employment’s growth slow in January – CBN

Production level, new orders, supplier delivery time, employment level and raw materials inventories grew at a slower rate in January…

byEkeminiFebruary 13, 2020

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