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Nigeria rolls out regulations for digital investment advisors
Amid upsurge in financial technologies (fintechs) start-ups and patronage of digital assets and digital investment platforms, Nigeria is concluding arrangements to roll out its first regulatory framework for digital investment…
N120b petrol subsidy to double as CBN adjusts exchange rate
As the Central Bank of Nigeria (CBN) signals a subtle harmonisation of exchange rates with the removal of N379/$1 official rate from its website, all is set for labour unions…
Unremitted N2tn: NNPC, NPA, others to face Senate panel this week –
The Senate Committee on Finance has sent out invitations to heads of 60 government-owned firms to start appearing before it from this week. They are to explain their failure to…
Petrol price to increase as PEF hikes transporters margin
Nigerians should expect an increase in the pump price of Premium Motor Spirt (PMS), popularly called petrol anytime soon as the Petroleum Equalisation Fund(PEF), has concluded plans to increase petroleum…
African heads of states Paris summit on Covid, economic revival kicks off tomorrow
By Ngozi Onyeakusi---- African leaders, several European leaders and a dozen heads of international organizations will be recieved on Tuesday by French President Emmanuel Macron for a summit on the…
Do not use political powers to oppress people… Goodluck
Former President Goodluck Jonathan has urged leaders not to use temporary political office to punish people. He said he never believed in using temporal political office in punishing people. Speaking…
Free Zones Reform: Investors Threatens Divestment
Leading investors in Nigerian Free Trade Zones have threatened to commence divestment from the zones and have called on the board of Nigeria Export Processing Zones Authority(NEPZA) to summon a…
CBN disburses over N83.9bn loans to drug manufacturers – Emefiele
In an effort geared towards building a robust healthcare infrastructure, the Central Bank of Nigeria (CBN) said it has so far disbursed over billion in loans to pharmaceutical companies and…
Transcorp Hotels set to rake in 67.49% revenue growth in 2021
By Ngozi Onyeakusi--- Transcorp Hotels Plc expects its 2021 revenue to jump by per cent to N17bn as it recovers from the impact of the COVID-19 pandemic on the hospitality…
Jaiz Bank’s gross revenue soars by 43 per cent to N5.99bn 2021 Q1
By Ngozi Onyeakusi--- Jaiz Bank Plc has reported a gross revenue increase of 43 per cent to in the first quarter of 2021 from in the corresponding period of 2020.…
