Police kill four kidnappers in OgunAdelabu leads delegation to Japan to strengthen bilateral energy partnershipMy only concern was my safety; I wasn’t afraid of Abacha- Ibrahim BabangidaUPDATE : Security operatives take over OSIEC headquartersFCT Man Fetes Friend At Home, Kills Him Afterwards
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Category: business news
ARCON issues Turkish company 7-day ultimatum to pay N481 million debt owed Nigerian company
The Advertising Regulatory Council of Nigeria (ARCON) has given Hayat Kimya, a Turkish company, a seven-day ultimatum to pay a N481 million debt. This was made known in a statement…
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TikTok app opens recruitment in Nigeria
Short-form video streaming app TikTok has opened recruitment portals to fill positions in Nigeria and other countries. The job listings were seen on Tiktok’s career page and the open positions…
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Nigeria has gotten help from World Bank on fuel subsidies
The President of the World Bank Group, David Malpass, has said that the bank is ready to support Nigeria in phasing out regressive fuel subsidies while increasing social assistance for…
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CBN loans to FG hit N20.6trn-IMF and World Bank raised alarm
The Federal Government has shown no signs of putting the brakes on its recourse to the Central Bank of Nigeria (CBN) as its borrowing from the apex bank more than…
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5G Network data speed Starts Operations in Nigeria
Nigerians will today, wake up to a new, revolutionary telecommunications service, known as the fifth generation, 5G network services. The network is said to have the capability to offer Nigerians…
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CBN announces a USSD code *997# for eNaira transactions.
The Central Bank of Nigeria (CBN) has unveiled a new shortcode for subscribers of its digital currency, eNaira to make financial transactions on the platform. The aim is to enhance…
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Fed Govt directs NAICOM to deepen insurance penetration
The Federal Government has directed the National Insurance Commission (NAICOM) to deepen insurance penetration by making insurance companies develop new insurance products and policies. Minister of Finance, Budget and National…
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19.64% inflation rate highest-ever in 17 years, says NBS
NIGERIA’S inflation rate rose from 18.6% to 19.64% within a month, the National Bureau of Statistics said yesterday. The Bureau attributed the 17-year all-time high 1.82% jump – the highest…
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DISCOs: BPE, CBN give banks 6 month deadline to quit
The Bureau of Public Enterprises, BPE, and the Central Bank of Nigeria, CBN, has handed down a 6- month deadline to banks which recently took over the shares of core…
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Airpeace Airline suspends flights to South Africa because of visa delays and expensive jet fuel
Nigerian carrier Air Peace has announced that flights to and from Johannesburg will be suspended from 22 August owing to visa processing delays, the rising price of jet fuel, and…
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