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Those Patronizing Cryptocurrencies Risk Their Savings — NDIC
The Managing Director, Nigeria Deposit Insurance Corporation, Umaru Ibrahim, has warned against patronizing cryptocurrencies. Ibrahim, who sounded the warning said while various forms of digital currencies currently…
Sovereign Trust Insurance Posts N10.5bn Gross Premium ….Urges Shareholders To Take Up Right
L-R: Ugochi Odemelam, Executive Director, Sovereign Trust Insurance Plc, Yetunde Martins, Company Secretary, (Citipoint Chambers), Oluseun Ajayi, Chairman, Board of Directors, Sovereign Trust Insurance Plc and Olaotan Soyinka, MD/CEO,…
Customs Destroys Poisonous “Ponmo” In Seme Border
The Seme Command of the Nigeria Customs Service (NCS) on Wednesday burnt the intercepted poisonous animal skin popularly known as “Ponmo” (cow hides) imported into Nigeria. The Customs…
Customs, NAFDAC Destroys 58 Containers Of Tramadol, Other Illicit Drugs Worth N14.7b
The Comptroller-General of Customs (CGC), Retired Col. Hammed Ali, on Wednesday said the service destroyed various pharmaceutical products including tramadol with a Duty Paid Value of billion. Ali…
Nigerian Inter-Bank Forex Market Gets $210m CBN boost
By Ngozi Onyeakusi -- The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN) following transactions concluded on…
NNPC Secures $3.15bn To Finance OML 13
Nigerian National Petroleum Corporation (NNPC) bid to increase the nation’s crude oil reserves and daily oil production to 3million barrels per day has received a major boost…
Access Bank: More Winners Emerge in DiamondXtra Draw
By Ngozi Onyeakusi -- Ten Nigerians have emerged in the monthly draw of the DiamondXtra savings scheme season eleven initiated by Access Bank. The presentation which took…
CBN To Add Milk Importation On Forex Restriction List
Central Bank of Nigeria (CBN) has resolved to place foreign exchange restrictions on milk importers into the country. CBN Governor, Godwin Emefiele, who lamented that between $…
DMO LISTS FGN SECOND N100BN SUKUK ON NSE
By Ngozi Onyeakusi -- The Debt Management Office (DMO) of Nigeria has listed on The Nigerian Stock Exchange, the second ₦100bn, 7-Year, FGN Sukuk due to mature in…
Airtel Introduces Affordable 4G Smartphones to deepen mobile Internet penetration
In its effort to accelerate mobile Internet uptake as well as enrich the data experience of telecoms consumers across the country, leading telecommunications services provider, Airtel Nigeria, has…
