Banks to work on Saturdays for old notes collection — CBN
The Central Bank of Nigeria (CBN) on Friday said banks would be working on Saturdays to receive the old Naira notes from customers.
Mr Kama...
2024: South African billionaire, Johann Rupert edges out Dangote as Africa’s richest man
South African business mogul, Johann Rupert, has retained Africa’s richest man for the year 2024, after displacing Nigerian billionaire, Aliko Dangote.
This was revealed by...
NNPC Chief Commends NLNG N1.98 Trillions Shareholders Loan Repayment
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The Nigerian National Petroleum Corporation (NNPC), has commended the Nigeria LNG Limited (NLNG) on its successful repayment of 5.45 billion dollars (N1.98 trillion) loan...
Bayelsa Gov’t Declares N14.2bn Total Revenue From FAAC as September Allocation
Bayelsa State Government has declared a total receipt of N14.2 billion from the Federation Accounts Allocation Committee (FAAC) for the month of September, 2019.
The...
Naira under pressure, banks withholding Dollar supply
The decision of the Foreign Portfolio Investors, FPIs, to exit the country in the wake of the Coronavirus (COVID-19) pandemic as well as the...
NITDA fines Soko Loans N10 million for unsolicited messages to loan defaulters’ phone contacts
The National Information Technology Development Agency (NITDA) has imposed a N10 million fine on Soko Lending Company Limited, also known as Soko Loans, for...
Bayelsa Gov’t Rationalizes Staff of Tertiary Institutions ….. Spends N313.5 million as payment for...
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Declares N7.3 billion Balance As At May, 2018
Bayelsa State Government says, it has expended N313.5 million as payment for the disengaged staff of tertiary...
IYC urges oil companies to fly new Bayelsa route
The Ijaw Youths Council (IYC) Worldwide has appealed to oil companies operating in the Niger Delta region to patronise the new aviation route to...
CBN devalues Naira, fixes dollar sale at N392
The Central Bank of Nigeria (CBN) has devalued the Naira by N6 to Dollar.
This brings the Naira closer to the exchange rate unification policy...
Indigenous contractors vow to seize all Agip facilities over unpaid debts …Kick against Agip-Oando...
Indigenous contractors of the Nigerian Agip Oil Company (NAOC) have kicked against the ongoing acquisition of the company by Oando and threatened to occupy...