Category: Business

Collection of old notes: Banks to work on Saturdays – CBN,

…Advises traders on use of POS The Central Bank of Nigeria (CBN) says that banks would work on Saturdays to receive old Naira notes from customers. Mr Kama Ukpai,...

Fine awaits Commercial Banks who pay old Naira notes-CBN

  CENTRAL Bank of Nigeria (CBN), on Friday, said that any commercial bank that failed to pay the new naira notes to customers would be fined N1 million per money...

Lagos cancelled time table for fuel stations on major roads

  The Lagos State Government has said it will no longer go ahead with the timetable fixed for major and independent petroleum marketers operating on major roads....

Sterling One Foundation wins CSR award of excellence

  Sterling One Foundation has won AS+A Communications’ Award of Excellence for Corporate Social Responsibility in recognition of its positive impact across...

New Naira notes:Banks to work 24 hours January 31st

  The Central Bank of Nigeria (CBN) has allayed fears of the people, particularly traders, over meeting up with the January 31st deadline for the acceptance of the...

Adedutan: FirstBank convenes Nigeria economic outlook webinar for 2023 

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced the 2023 edition of its Nigeria Economic Outlook...

Rite Foods new slogan aimed at penetrating African markets- Seleem Adegunwa, MD

The new slogan, Proudly-African, adopted by Rite Foods, top beverage producer is the company’s strong commitment to expanding its products beyond the...

Tax credit policy:NNPC to spend N1.9trn on reconstruction of 44 roads nationwide

  The Federal Executive Council (FEC) has approved the recommendation for the Nigerian National Petroleum Corporation Limited (NNPC LTD.) to invest N1.9 trillion in...

Unapproved lottery and gaming practises: NCC renews MoU with Lottery Commission

  In it’s bid to ensure effective control of lottery and gaming in the country,the Nigerian Communications Commission, NCC, Wednesday in Abuja, signed a...

Odua shuts down Premier hotel for remodelling to 5 -star status

  The management of Odua Investment Limited,OIL, has explained that the hotel was shut down to enable it remodel it to a 5 star hotel. The company made it’s...