Category: Business
CBN in downward review of bank charges
The Central Bank of Nigeria (CBN) seems to have listened to the yearnings and complains of Nigerians by reducing outrageous charges levied on customers by banks...
Suspension of subsidy removal : Nigerians should be ready to pay a price– Presidency.
Nigeria’s borrowing spree may have to continue as the only viable alternative to suspension of subsidy removal. The Presidency made this stand known on...
GENCOs receive N42b for electricity supply in Nov 2021-Report
GENCOs got an average minimum settlement of 85% of generation invoices in 2021 * Eko DISCO emerges top performing DISCO for Nov 2021 at 93% MRO * Abuja and Kaduna...
Buhari formally inaugurates 5G technology
President Muhammadu Buhari has inaugurated National Policy on 5G for Nigeria’s Digital Economy, directing all the security institutions to immediately leverage...
Counterpart funding: Ogun kicks over funding template, canvasses review
Ogun State Government has express misgivings over the condition of spending huge sums of money on hiring foreign consultants for project through foreign agencies...
Lekki Seaport: Amaechi pleads for early completion
Minister of Transportation, Chibuike Rotimi Amaechi, has urged contractors of the Lekki Deep Seaport Project to speed up work on the completion of the...
Fuel subsidy removal will lead to stable economy- Onafowokan
The Managing Director of Coleman Wires and Cables, Mr. George Onafowokan has said that the best way to improve business environment in Nigeria is to remove fuel...
How Dangote’s Petrochemicals Fertiliser Plant will accelerate Africa’s economic growth, Says AfDB
President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to...
Rice revolution:BUA group confirms take off of 200m metric tons mill
BUA Plc,a major player in the cement industry has confirmed plans to begin operations at 200,000 metric tonnes rice milling plant as part of its diversification...
FAAC: FG, states, LGAs share N699.8b for Dec 2021
The Federal Government of Nigeria, States and Local Government Councils (LGCs), on Friday, shared N699.824 billion as federation allocation for Dec. 2021. A statement...
