Author Archives: Supernews - Page 850
Fidelity Bank Unveils Loan Product For ASPMDA
Fidelity Bank Plc. has sealed a deal with the Auto Spare Parts and Machinery Dealers’ Association (ASPMDA), with a new banking product that will boost lending. Mr Nnamdi…
Over Regulation, Threat To Business, Economy — OPS
Over-regulation by regulatory agencies topped the list of concerns of stakeholders in the real sector of the economy. They insisted that in addition to poor infrastructure, over-regulation of…
Why NBC Suspends AIT, Raypower
The National Broadcasting Commission (NBC) yesterday suspended the licence of Daar Communications, the parent body of Africa Independent Television (AIT) and Ray Power for failure to abide by…
DRP Revokes Pan Ocean, 5 Others Oil License
The Department of Petroleum Resources (DPR) has revoked five Oil Mining Licences (OML) and one Oil Prospecting Licence (OPL) belonging to five companies. In a public notice…
Textile Sector Revamp: CBN Engages 100,000 Farmers
By Ngozi Onyeakusi--- The Central Bank of Nigeria (CBN) has sealed a deal with the National Cotton Association of Nigeria to engage 100,000 Cotton farmers…
Yul Edochie Survives “Terrible” Car Crash
Popular Nollywood Actor, Yul Edochie, has miraculously survived a major road accident on a recent trip to the East. He made this known through his…
Germany Invests €2m In Nigeria’s Rice Production
By Ngozi Onyeakusi -- The German Government, with support from the Bill and Mellinda Gates Foundation, has provided two million Euros for implementation of the second phase…
Oando Saga: Operators Seek FG Intervention, Laud SEC’s Audit Outcome
Capital market operators on Wednesday called for urgent intervention of the Federal Government in the conflict between the Securities and Exchange Commission (SEC) and Oando Plc. They…
CBN injects $294.7m, CNY 31.43m into Retail SMIS
The Central Bank of Nigeria (CBN) on Friday, May 31, 2019, again intervened in the retail Secondary Market Intervention Sales (SMIS) to the tune of $ Figures…













