Category: Business
Naira exchanges 770.38 to US Dollar at Official Market
The naira slumped further to the dollar after closing at 770.38/$ at the end of trading on the investor & exporter forex window on Monday. ...
CBN lifts restrictions on access to domiciliary accounts
The Central Bank of Nigeria (CBN) on Sunday said owners of domiciliary accounts can now use their funds without any restrictions. The apex bank said customers...
Alaba demolition notice : Iwuanyawu expresses Ohanaeze Ndigbo’s Apprehensions
….No cause for concern says traders The Ohaneze Ndigbo has expressed concern over the lingering problems in Lagos over the planned demolition of some...
17 buildings to be demolished in Alaba market – LABSCA
The Lagos State Government through its Building Control Agency (LASBCA) has marked no fewer than 17 heavily distressed buildings for immediate demolition across Alaba...
Julius Berger pays out N4b dividend
. MD, Engr. Dr. Lars Richter lists three pillars of JBN’s strategy for greater success Leading engineering construction company, Julius Berger Nigeria Plc has made a...
Leadership and FirstBank’s successful transitioning to ‘click’ banking
In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly...
Nigeria has 220 million as phone subscribers -Danbatta
….. Woos investors at GITEX Africa on Nigeria’s Broadband Future The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof....
How bank manager committed suicide over N1m loan
A 41year-old manager of SEAP Micro-Finance Bank Saki, Sola Ogungbe, has reportedly committed suicide in his Iseyin home. Ogungbe was said to have given loan...
Life span of old naira notes may extend tilll 2024
Except there is a policy change, President Bola Ahmed Tinubu is set to extend the validity of old naira notes beyond the current December 2023 deadline. The Central Bank...
Subsidy removal: Marketers ready for CNG rollout at N100/litre
Nigeria’s transportation industry will soon begin to see relief after the federal government’s petrol subsidy removal spiked exponential rise in the price of...
