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Day: December 2, 2021

CBN Frowns At Commercial Banks Over E-Naira
BankingLocal

CBN Frowns At Commercial Banks Over E-Naira

The Central Bank of Nigeria (CBN) has frowned at the commercial banks for not doing much to educate Nigerians about…

byEkeminiDecember 2, 2021
Effective Mechanisms To Insulate E-Naira From Hackers And Fraudsters Is In Place : CBN
BankingLocalTechnology

Effective Mechanisms To Insulate E-Naira From Hackers And Fraudsters Is In Place : CBN

The Central Bank of Nigeria (CBN), has assured that it has put in place effective mechanisms to insulate the e-Naira…

byakintundeDecember 2, 2021
Central Bank Of Nigeria Sold $867.68 Million Forex To SMEs
BusinessLocal

Central Bank Of Nigeria Sold $867.68 Million Forex To SMEs

The Central Bank of Nigeria, CBN, has raised the volume of foreign exchange sales to the Small and Medium Enterprises…

byakintundeDecember 2, 2021
Transnational Corporation Of Nigeria Record N13.467 Billion Profit After Tax In Q3
BusinessLocalMarket

Transnational Corporation Of Nigeria Record N13.467 Billion Profit After Tax In Q3

Transnational Corporation of Nigeria (Transcorp Plc) has posted a N13.467 billion Profit After Tax (PAT) for third-quarter ended September 2021.…

byakintundeDecember 2, 2021
Qualcomm Introduce New Snapdragon G3x Microchip
TechnologyWorld

Qualcomm Introduce New Snapdragon G3x Microchip

Qualcomm introduced a new Snapdragon G3x microchip on Wednesday for handheld consoles in a sign of gaming’s rising importance for…

byakintundeDecember 2, 2021
Europe Gas Pipeline Group “Snam” Acquire 25% Stake In East Mediterranean Gas Company
BusinessInvestingMarketWorld

Europe Gas Pipeline Group “Snam” Acquire 25% Stake In East Mediterranean Gas Company

Europe’s biggest gas pipeline group Snam said on Thursday it had completed the acquisition of a 25% stake in East…

byakintundeDecember 2, 2021December 2, 2021
Airtel Nigeria Completes 8.22 Percent Shares Buyback
InvestingLocalTechnology

Airtel Nigeria Completes 8.22 Percent Shares Buyback

AIRTEL Nigeria, a subsidiary of Airtel Africa Plc, has completed the 8.22 percent shares buyback from its minority shareholders, amounting…

byakintundeDecember 2, 2021
CBN Automates Forex Forms For BTA, Tuition Fee
BankingLocal

CBN Automates Forex Forms For BTA, Tuition Fee

Nigerian banks have informed their customers regarding the automation of Forms A and NCX for invisible and non-commercial exports transactions.…

byakintundeDecember 2, 2021
NCC: Three Telecoms Companies Qualified For 5G Deployment
LocalTechnology

NCC: Three Telecoms Companies Qualified For 5G Deployment

The Nigerian Communications Commission has announced that three telecoms companies have qualified as approved bidders of the forthcoming 3.5 gigahertz…

byakintundeDecember 2, 2021
South Africa President Urge Nigeria Banks To Set Up Branch In South Africa
AfricaBankingLocal

South Africa President Urge Nigeria Banks To Set Up Branch In South Africa

President of South Africa, Cyril Ramaphosa has urged Nigerian banks to set up branches in South Africa as the country…

byakintundeDecember 2, 2021
Ondo State Governor To Inaugurate Cocoa Factory
LocalMarket

Ondo State Governor To Inaugurate Cocoa Factory

An agro-allied company, Johnvent Industries Nigeria Limited, has said it has invested N3bn to boost cocoa business in Ondo State…

byakintundeDecember 2, 2021
External Reserves Lost $610m A Month
Local

External Reserves Lost $610m A Month

The nation’s external reserves fell by $610m last month, figures obtained from the Central Bank of Nigeria on Thursday revealed.…

byakintundeDecember 2, 2021

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