CBN Added 10 More Companies to Money Transfer Operators
The Central Bank of Nigeria (CBN) disclosed on Monday in a report titled ‘Updated List of International Money Transfer Operators in Nigeria as at April 01, 2021’ that it has…
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Credibility of Nigeria’s Power Sector Depends on Visible Results – W’Bank
The World Bank’s Practice Manager, West and Central Africa Energy, Ashish Khanna has said that the faith of Nigerians in the power sector can only be boosted when there is…
Continue readingStanbic IBTC Pension Managers disburses over N800 billion to 62,000 retires in 17 years
Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings Plc, disclosed that it has disbursed over N800 billion to 62,000 retirees since its inception in 2004. This was disclosed…
Continue readingFoubiri Demands N5bn, Retraction and Apology from EFCC
A businessman, Dr Andrew Warri Foubiri has demanded the sum of N5 billion, retraction and apology from the Economic and Financial Crimes Commission for alleged defamation. Fuobiri who is the…
Continue readingEnvironmental Protection: Coca-Cola Recycles 1.5bn Bottles
In commemoration of World Earth Day, Coca-Cola Nigeria says through its recycling initiatives, it is committed to the support of environmental protection and sustainability in Nigeria. The Director, Public Affairs,…
Continue readingBeing Idle for 19 Months, NNPC Refineries Lost N117.21bn
The latest data from the Nigerian National Petroleum Corporation have shown that the government-owned refineries in Nigeria recorded total loss of N177.21bn due to inability to process any barrel of…
Continue readingSON seizes sub-standard tyres worth N600 million
The Standards Organisation of Nigeria (SON) has announced the seizing of substandard tyres worth over N600 million Naira during an enforcement exercise along the Lagos Ibadan expressway. Commenting on the…
Continue readingNALDA set to establish Integrated farm estate of 1,200 hectares in Ekiti state
The National Agricultural Land Development Authority (NALDA) has concluded plans to establish an integrated farm estate on its 1,200 hectares of land in Ekiti State. This disclosure was made by…
Continue readingFAAC: FG, States, LGs Shared N680bn
An official of the Federal Ministry of Finance, Budget and National Planning who disclosed that the Federation Accounts Allocation Committee (FAAC), shared the sum od N680 billion among the three…
Continue readingFCMB declares dividend pay-out of N2.97 billion to shareholders
First City Monument Bank Plc (FCMB) has approved the sum of N2.97 billion as a dividend to be paid to its qualified shareholders for the period ended 31st of December,…
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