Category: Business

NNPC records petroleum product sale of ₦234.63bn in March

Press Release NNPC Records Petroleum Product Sale of ₦234.63bn in March The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream...

MTN Nigeria announces unaudited results for the half-year ended 30 June 2021, together with its participation in national impact projects

  MTN Nigeria Communications Plc (MTN Nigeria) today announces its unaudited results for the half-year ended 30 June 2021, as well as plans to celebrate its...

Unity Bank grows 34% pre-tax profit, records N23B gross earnings in H1

2021Nigeria’s retail lender, Unity Bank Plc, has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the...

Int’l feather on Fowler’s hat

…Bags Pan-African Oversight Committee board appointment   Former Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has been...

5G deployment: NCC, telecos struck deal

..Danbatta assures stakeholders on fair pricing All is now set for the deployment of the 5G technology in the country as the Nigerian Communications Commission (NCC) and...

Kyari assures AKK Gas Pipeline Project ‘ll be delivered on schedule, create prosperity

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has assured that the ongoing 614kilometres Ajaokuta-Kaduna-Kano...

CBN directs bank to open teller points for sale of FX to customers

The Central Bank of Nigeria,CBN,has directed Deposit Money Banks,DMB, in the country to set up teller pints at designated branches across the country to fulfil...

Exodus of IT staff hits GT Bank

The IT division of Guarantee Trust Bank, GTBank, has suffered a continual decrease in personnel within the last six months, a development that has caused a significant...

Again,Naira slumps to N523 against Dollar at parallel market

      The naira continued it’s free fall as it slumped further to 523/$ at the parallel market on Wednesday, a day after the Central Bank of Nigeria...

CBN stops sales of forex to BDCs

….Accuses them of turning to money laundering agents Operators of Bureau de Change in Nigeria are in for a tough time as the Central Bank of Nigeria on Tuesday...