Category: Business

N900 billion still in people’s hand – Emefiele

  The Central Bank of Nigeria (CBN) has said that out of about N2.8trn in circulation it has recovered N1.9trillion while N900bn is yet to be collected. CBN...

New note:CBN bows to pressure extends to February 10

  In what looks like bowing to pressure from the political class, the Central Bank of Nigeria (CBN) on Sunday announced a 10-day extension of of the deadline for...

New note:Bundle of N100,000 sold for N130,000

  In spite of scarcity of the redesigned Naira notes in circulation, some smart alecs have been seen hawking the new notes at Dadi Motor Park, Sabon Gari-Zaria,...

CBN unveils National Domestic Card scheme

  Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has formally unveiled the Nigerian National Domestic Card Scheme, known as AfriGo, in a...

Kano-Niger rail project to boost Africa free trade – FG

The Federal Government has stressed the importance of the Nigeria-Niger Republic rail line, reaffirming that the project will boost trade and other socio-economic...

Dangote’s step brother launches $450milllion lubricant plant in Lagos

  Nigerian businessman, Sayyu Dantata, the stepbrother of billionaire, Aliko Dangote, has launched a $450-million lubricant plant in Lagos through Bestaf Lubricant...

Fire guts Balogun Market

  Fire this Thursday morning gutted a building at the popular Balogun Market in Lagos Island. The fire started in one of the market buildings earlier this morning....

Lekki Deep Sea Port at a glance!

  – It is located approximately 65 kilometers to the East of Lagos city and spreading over 90 hectares of land bordered on the South by the Atlantic Ocean...

Naira redesign, part of conspiracy to scuttle 2023 polls — Tinubu

…Says they are mischief makers The presidential candidate of the All Progressives Congress,APC, for the 2023 polls in Nigeria, Asiwaju Bola Ahmed Tinubu, has...

Union Bank reiterates support for small businesses at BusinessDay Top 100 SME Conference 

  Leading financial institution, Union Bank of Nigeria, has reiterated their support for Small and Medium-sized Enterprises in the country to drive increased growth...