The Central Bank of Nigeria, CBN, has assured Nigerians that it was tackling the forex scarcity, even as it advised against succumbing to the speculative activities of some players in the exchange market.
The Director, Corporate Communications at the CBN, Osita Nwanisobi, while speaking with journalists on Friday in Abuja,...
Telecommunications operators in the country have insisted that the voicemail service on mobile telephone lines does not require policy or regulatory intervention from the Federal Government or its agencies.
The assertion by the telcos, under the aegis of Association of Licensed Telecoms Operators of Nigeria, followed an order issued by...
Central Bank of Nigeria (CBN) Governor Yemi Cardoso has unveiled ongoing investigations into foreign exchange forwards worth approximately $2.4 billion, highlighting discrepancies and irregularities in these transactions.
Governor Cardoso disclosed this information following the Monetary Policy Committee (MPC) meeting in Abuja, shedding light on the forensic audit conducted to assess...
Nigeria’s premium soft drink brand, Fayrouz, has launched its new sleek 33cl can drink at an exclusive event which took place at the RSVP Restaurant, Victoria Island, Lagos.
Tagged ‘Find Your Difference’, the launch campaign celebrates drinkers who thirst for excitement and innovation, with the aim to be special and...
As Lagos state Nigeria enters its third week of lockdown due to the Coronavirus pendamic, family members of over 600 staff sacked by Mikano International Limited have expressed shocke over the sack of their bread winners.
According to one of the affected staff, ‘I have just returned from a trip...
Dangote Industries Ltd. plans to ensure that Nigeria becomes self-sufficient in cement, agriculture, mining and petroleum products.
The Regional Sales Director, Southeast Dangote Cement, Dr Abayomi Shittu stated this in Enugu on Thursday during Dangote Special Day at the on-going 34th Enugu International Trade Fair.
Dangote Industries Ltd. is into cement,...
The Minister of Information and Culture, Alhaji Lai Mohammed, has said BUA Cement's massive increase in production, especially since 2015, was made possible by the conducive business environment provided by the Federal Government.
The Minister, who stated this during a media tour of BUA Cement's Sokoto Plant on Wednesday, listed...
The Nigeria Deposit Insurance Corporation (NDIC) has warned financial technology (Fintech) operators against disclosing their customers’ financial details without appropriate permission.
Dr Kabir Katata, Deputy Director, Research Department of NDIC, gave the advice in Yola on Wednesday at the 2019 NDIC Workshop for Business Editors and Finance Correspondents Association of...
says 34 countries, 20 milion farmers to benefit
The African Development Bank (AFDB) says it has put in place a $1.5b Emergency Food Production Facility to support food sufficiency in Africa.
The President of the AFDB, Dr. Akinwunmi Adesina, who stated this in an interview at the Governor's Office, Oke...
The Honda Management team led by the Managing Director, Mr Takashi Nakajima, on Tuesday 30th May, 2023, presented the new Nigerian built Honda HRV to the DG NADDC, Jelani Aliyu, MFR, at the Council’s Headquarters in Abuja.
While making a demonstration of the vehicle, Mr Remi Adams, the company’s Sales...
