Browsing Category
Local
FMDQ Securities Exchange Limited Partners With Luxembourg Stock Exchange
FMDQ Securities Exchange Limited has partnered with Luxembourg Stock Exchange (LuxSE) to facilitate the dual…
Customs Explores E-Naira For Duty Collection
The Nigeria Customs Service (NCS) has expressed readiness to begin collection of import duty with the e-naira that…
Freight Forwarders Vowed To Resume Industrial Action
Freight forwarders have vowed to resume the suspended industrial action at the expiration of a new notice issued to…
N4tr Power Liquidity Crisis: Stakeholders Urge CBN To Review Interventions
Stakeholders in the Nigerian power sector are unsettled on the need for the Central Bank of Nigeria (CBN) to…
CBN Confiscates 67,000 Counterfeit Naira Notes In 2020
Higher banknotes’ share of value of currency in circulation is 98%
A total of 67,265 banknotes with a nominal…
CBN’s Suspension Of Foreign Exchange Supply To BDCs Boosts Banks’ Income As 6 DMBs…
With Central Bank of Nigeria (CBN) suspending Foreign Exchange (FX) supply to Bureau De Changes (BDCs), a total of…
Still On Osinbajo’s Call To Float Naira
What other options do we have to increase the supply side of forex to the Nigerian economy, or do we continue with…
Forex Scarcity: How We Help Manufacturers Get Dollars – Adebayo, Trade…
Otunba Richard Adeniyi Adebayo, Minister of Industry, Trade and Investment, giving his mid-term report, explains…
US-Based At One Ventures Leads Round For Electric Vehicle Manufacturer
Opibus, the first company in Kenya to commercially future-proof diesel and gasoline vehicles by converting them to…
Chipper Cash Raised $150 Million In Series C Extension Round
Chipper Cash, an African cross-border payments company, has raised $150 million in a Series C extension round led…
Nigerian Stock Exchange Dropped By 0.06 Percent
The Nigerian stock market lost N12.58bn last week as investors took profits in oil and gas, banking and consumer…
MDA Bank Charges And Insurance Premiums Expected To Amount To N22.6 Billion
Deposit Money Banks and insurance companies are expected to rake in the sum of N22.6bn in bank charges…
FG: New Electricity Will Connect Nigeria To Three Other Countries
The Federal Government announced on Friday that the transmission line being constructed under the West Africa Power…
Magistrates Sign Blank Warrants For Police, EFCC To Raid Homes, Freeze Accounts –…
In this interview with ENIOLA AKINKUOTU, human rights lawyer, Mr Ebun-Olu Adegboruwa (SAN), speaks about the raid…
Here’s What Citigroup to Goldman Say About Oil After OPEC+ Move
OPEC+ stuck to its guns and maintained its modest output boost for December as the alliance shunned calls from key…
Twitter Barn It’s Trend Section In Ethiopia Temporarily
Social network Twitter Inc has temporarily disabled its Trends section in Africa's conflict-hit nation of Ethiopia…
N58.6Billion Spent To Print N1.06Trillion In 2020 – Central Bank Of Nigeria
The Central Bank of Nigeria (CBN) says it spent N58.618 billion to print 2.518 billion of naira notes, valued at…
OPEC Raises Nigeria’s Oil Production Bar To 1.666mbpd
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) on Thursday raised the production quota of…
Botswana’s Second Privately-Owned Coal Mine Set To Begin Work In 2022
Work is due to begin on Botswana's second privately-owned coal mine in the first quarter of next year, the CEO of…
Unilever Nigeria Recorded N58.7 Billion Q3 Turnover
Unilever Nigeria Plc has said it recorded a turnover of N58.7bn in the third quarter of 2021, compared to N44.7bn…
Foreign Exchange Payment For Estacodes And Personal Travel Allowances Amount To…
The amount of foreign exchange used for the payment of estacodes and Personal Travel Allowances to Ministries,…
MTN Nigeria And Airtel Africa Plc Can Now Operate Payment Service Bank
MTN Nigeria and Airtel Africa Plc have received approval in principle to operate a payment service bank (PSB) in…
Telecommunications Operators Request NCC To Reduce Price Set For 3.5GHz Spectrum…
Telecommunications operators have called on the Nigerian Communications Commission (NCC) to reduce the $197.4…
Facebook Test For Creator Of Facebook Group To Earn On Exclusive Access
Facebook is testing ways for creators to make money through Facebook Groups, such as users paying fees for…
Alleged Deduction Of N1.1 billion From 2021 Culture and Tourism Budgetary…
The house of representatives committee on culture and tourism says it will investigate the alleged deduction of…
Agribusiness Company “Olam” To Produce 240,000 Metric Tonnes Of Rice
Olam Nigeria Limited, an agri-business company, has announced plans to increase its production capacity to 240,000…
FG To Safeguard Nigeria’s Digital Economy While Building Stakeholders Trust
The Federal Government has renewed its plans to safeguard Nigeria’s digital economy from cybercrimes while building…
Spectrum Auction For 5G Services To Hold On 13 December
The Nigerian Communications Commission (NCC) says the upcoming spectrum auction for 5G services will hold December…
Nigeria Customs Service Get FG Approval Of N1.5 Billion For Procurement Of 46…
The federal executive council has approved N1.5 billion for the procurement of 46 vehicles for the Nigeria Customs…
MTN Group Concluded Plans To Sell 575Million Shares To Nigerian Investors
MTN Group, the parent company of Nigeria’s telecom giant, MTN Nigeria, which controls 40 per cent market share, has…