Browsing Category
Business
NNPC pledges commitment to prompt remittance to federation account
The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to the prompt payment of proceeds from its…
CBN issues operational licenses to three new banks
The Central Bank of Nigeria (CBN) has confirmed the issuance of banking licences to three new players, bringing the number of…
Gbajabiamila seeks legislation for cryptocurrency
The Speaker of the House of Representatives Rt. Hon. Femi Gbajabiamila has said that there is a need to come up with a…
JUST IN: CBN retains Monetary Policy Rate at 13.5 per cent
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has retained the Monetary Policy Rate (MPR) at 13.5 per…
JUST IN: Air Peace makes emergency landing at Lagos airport
Tragedy was averted on Tuesday as Air Peace airline crash-landed at the local wing of the Murtala Muhammed Airport, Lagos.
The…
Naira appreciates at Interbank, gain against Euro, Pounds
Monday at the parallel segment of the foreign exchange (forex) market closed with no changes to the Naira as it traded at a fixed…
Buhari tasks Siemens, TCN, Discos on 11,000 megawatts by 2023
President Muhammadu Buhari on Monday challenged Siemens, distribution and transmission companies and the electricity distribution…
2nd MSMEs Award: MSME of the year to win cars, cash – Presidency
The Federal Government has announced more prizes for winners at the 2nd National Micro, Small and Medium Enterprises (MSMEs),…
TCN suspends Kano DisCo from electricity market
The management of Transmission Company of Nigeria (TCN), says it has issued suspension and disconnection orders to Kano…
Nigeria’s Eurobonds debt rises to $10.9bn from $1.5bn in 2015
Nigeria’s external debt stock rose by 148 percent in almost four years of the President Muhammadu Buhari administration, data…