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CBN Goes Tough on Exporters Over Forex Non-Repatriation
Emefiele By Ngozi Onyeakusi --As part of its effort to increase foreign exchange liquidity in the country, the CentralBank of Nigeria (CBN) has directed all banks in the country to…
Guinea Insurance Grows Investment Income by 50.5% in 2019
R-L: Ranti Oke, DCSL Company Secretaries Limited; Samuel Onukwe, Non Executive Director; Ademola Abidogun, Managing Director/CEO; Pius Edobor, Executive Director, Finance & Administration By Ngozi Onyeakusi --Guinea Insurance Plc. has…
BREAKING: Lagos health commissioner, Abayomi tests positive to COVID-19
Abayomi The Lagos State Commissioner for Health, Prof. Akin Abayomi, has tested positive for coronavirus. The Lagos Commissioner for Information and Strategy, Gbenga Omotoso, made this known in a Press…
NNPC Posts Crude Oil & Gas Export Receipts of $378.42m in June, records $4.60bn export sale in one Year
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $ in June 2020 as against $ it posted in May 2020, signally…
Sanusi Visits, Thanks El-Rufai For Being ‘True Friend’
Former Emir of Kano Muhammadu Sanusi II said Governor Nasir El-Rufai of Kaduna state was the first person to show up whenever he was in need of friends and that…
4 Nigerian companies barred from AfDB contract for engaging in fraudulent and deceitful practices
Four Nigerian companies have been barred from participating in Africa Development financial projects for engaging in fraudulent and collusive practices during the tender for projects. The companies that have been…
Sterling Bank Develops Energy Solution For Homes, Businesses
Suleiman Sterling Alternative Finance (SAF), the non-interest banking division of Sterling Bank Plc, has developed a clean and affordable energy solution for homes and businesses across the country. Head of…
Pension Fund Assets Soar To N11.09 trillion
By Ngozi Onyeakusi -- The National Pension Commission (PenCom) has disclosed that the fund assets has risen to trillion as June 2020. PenCom in its released summary of pension fund…
Inflation awful under Buhari as 63% Nigerians spend income on food – SBM Report
A report by SB Morgen Intelligence has revealed that no fewer than 63 per cent of Nigerians spend their income on food as inflation rises in the last five years…
Benue Government, CBN, BoI partner to encourage farming, SMEs activities
Ortom The Benue Government is working with the Central Bank of Nigeria (CBN), to commence large scale land clearing across the state to encourage farming activities. Governor Samuel Ortom, who…