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Business

Business

CBN Injects $100m Into Forex Market As Naira Depreciates

David Abakpa -
The Central Bank of Nigeria (CBN) on Thursday said it had offered 100 million dollars to authorised dealers as its intervention to stabilise the...
Business

Dangote’s New Pasta Products To Compete With Rice

David Abakpa -
In a major strategic move to grow its market equity in Africa, Dangote Flour has unveiled new improved pasta products called ‘Ecccellente’. The re-vamped Pasta,...
Business

CBN To Stop Bank Accounts Without BVN From August 1

David Abakpa -
The Central Bank of Nigeria,CBN, said all customers without Bank Verification Number, BVN, linked to their bank accounts will not be allowed to make...
Business

Aero Contractors Explains Why Its Plane Engulfed In Smoke

David Abakpa -
The management of Aero contractors has explained the incident that led to the smoke in the flight NG316 from Port Harcourt International airport to...
Business

Access Bank Gets New Group Deputy Managing Director

David Abakpa -
Access Bank Plc has announced the appointment of Mr. Roosevelt Michael Ogbonna, as Group Deputy Managing Director to replace Mr. Obinna Nwosu who recently...
Business

Manufacturers Urge CBN To Raise Special Window Allocation To SMEs To $100,000

David Abakpa -
Mr Wale Adegbite, the Chairman, Manufacturers Association of Nigeria (MAN) in  Ogun, has advised the Central Bank of Nigeria (CBN)  to increase the special...
Business

Shell Admits Dealing With Nigerian Money Launderer

David Abakpa -
Shell has admitted for the first time it dealt with a convicted money-launderer when negotiating access to a vast oil field in Nigeria. It comes...
Business

Shell Corruption Probe: New Evidence Against Former President Goodluck Jonathan Government On Oil Payments

David Abakpa -
The BBC has seen evidence that top executives at Shell knew money paid to the Nigerian government for a vast oil field would be...
Business

PHOTOS: Formal Launch Of The Economic Recovery & Growth Plan (ERGP)

David Abakpa -
Governor of Central Bank of Nigeria, Mr. Godwin Emefiele; Secretary to the Government of the Federation, Engr. David Lawal Babachir; Minister of State for...
Business

FG Spends 66% Of Revenue To Service Debt Interest – Emir Sanusi

David Abakpa -
Emir of Kano, Alhaji Muhammad Sanusi II Lamido Sanusi, Wednesday in Kaduna raised alarm that the federal government spends a whooping 66 per cent...
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