The Central Bank of Nigeria (CBN) in a memo sent to all Deposit Money Banks (DMB), which later circulate to the public, instructed banks to place a Post-No-Debit (PND) on…
Continue readingThere are indications that stability is returning to the foreign exchange market with the Central Bank of Nigeria (CBN) resumption of forex sales via the Bureau De Change operators on…
Continue readingIn spite of the outcry and the fact that Nigerians are still contending with the recent sudden hike in electricity tariff, the number of the nation’s power plants now out…
Continue readingThe Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation had, on Wednesday, increased the price at which Premium Motor Spirit (petrol) is sold to marketers at…
Continue readingIn its unaudited report for the half year which ended on June 30, 2020. Zenith Bank Plc declared profit after tax of N103.83bn from N88.8bn, accounting for 16.82 per cent…
Continue readingThe Nigerian National Petroleum Corporation (NNPC) has announced the opening of invites to interested local and international companies to submit bids for crude oil contracts for the year 2021. The…
Continue readingFollowing the intervention made by the Central Bank of Nigeria in the Investors and Exporters window, the Naira exchanged to the Dollar at the parallel market at N420/$ on Wednesday….
Continue readingThe Federal Government of Nigeria (FG) has given approval to State Governments and School Administrator to start making preparations for the full reopening of the schools in the country. It…
Continue readingSchneider Electric has taken a bold step to drive down the cost of power disturbances which is pegged at $29 billion annually by launching a range of smart power solutions…
Continue readingThe Federal Government of Nigeria (FG) has advised the African Development Bank (AfDB) on the need to step up its efforts in helping African countries to create jobs for the…
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