Archives for January, 2024
Ecobank Nigeria Launches MySME Growth Series ….to Empower Over One Million SMEsÂ
By Ngozi Onyeakusi---Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African bank has launched an innovative training program targeted at empowering operators of small and medium enterprises (SMEs)…
Fidelity Bank supports Temile Development Company to boost Nigeria’s Gas Revenues
Fidelity building By Ngozi Onyeakusi--- In what has been termed a significant milestone in the advancement of Nigeria's domestic gas industry and the generation of gas revenues, Temile Development…
NIGERIA SEES STEADY INCREASE IN ACTIVE VOICE AND INTERNET SUBSCRIPTIONS, DROP IN TELEDENSITY Â
NCC EVC , Maida By Ngozi Onyeakusi--- Nigeria has witnessed a steady increase in active voice and internet subscriptions, including a drop in teledensity as contained in the latest…
CBN cautions FX dealers against market manipulation as naira slides to N1,500
Amid sustained slide of naira, which currently trades around N1,500 in exchange to a dollar, the Central Bank of Nigeria (CBN) has warned authorised dealers to ensure that transactions…
Currency Outside Banks Hit Historic High of N3.4trn, 94% of CICÂ
Naira A report by the Central Bank of Nigeria (CBN) has revealed that currency outside banks at at December 2023 reached a staggering trillion, representing a whopping 94…
Trapped funds: CBN releases fresh $64.44m to foreign airlines
By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN), on Tuesday, said it has cleared verified outstanding liabilities to foreign airlines with $ million. The money is forex backlog accumulated from…
NNPC Ltd woos South Korean investors for gas projects …felicitates Temile Devt. Company on acquisition of LPG carrier
NNPCL logo By Ngozi Onyeakusi--- The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the…
RECONSIDER CLASSIFICATION OF NAICOM AS REVENUE GENERATING AGENCY- NCRIB URGES FG
By Ngozi Onyeakusi-- The Nigerian Council of Registered Insurance Brokers has called on the federal government to reconsider its stand on the directive classifying the National Insurance Commission as…
Mali, Burkina Faso, Niger Quit ECOWAS, say Regional Bloc Under Foreign Control
In a move that has sent shock waves across the sub-region, Mali, Burkina Faso, and Niger Republic, yesterday, pulled out of the Economic Community of West African States…
Customs intercepts drugs worth N4.3bn imported from S/Africa, Canada at Tin-Can
The Nigeria Customs Service, NCS, says it has impounded of cocaine and 955kg of Colorado Indica, marijuana worth billion at Tin Can Island Port. The drugs were imported into the…