Atiku Appeals To CBN to Reverse New Cryptocurrency Policy
Former Vice-President, Atiku Abubakar, has appealed to the Central Bank of Nigeria to desist from closing down cryptocurrency businesses. According…
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Cryptocurrency Breed Illegal Activities- CBN
The Central Bank of Nigeria has said cryptocurrencies promote illegal activities and raise risks, among other reasons. It said this…
Firm Unveils Erica As ‘Sparkle Queen’ February
SW Nigeria has unveiled Erica Nlewedim as “Sparkle Queen.” Erica will take her place amongst SW Nigeria’s diverse and influential…
NIN: Glo Begins Registration
Globacom has fully commenced the enrollment of eligible Nigerians for National Identification Number (NIN) at most of its retail outlets…
CBN Extend Date To Phase Out Old Cheques
The Central Bank of Nigeria has extended the phase-out date for old cheque books from January 1 to March 31….
Dangote, Adenuga, Rabiu Make Africa’s Top 10 Billionaires’ List
Aliko Dangote of Nigeria is Africa’s richest person and has maintained this position for straight 10 years, according to the…
Stanbic IBTC BDC Closes
Stanbic IBTC Holdings Plc’s Bureau De Change Subsidiary, Stanbic IBTC Bureau De Change (BDC) Limited has discontinued its Bureau de…
Naira Slumps Further
The naira suffered further setback at the parallel market and Investors and Exporters forex window on Tuesday. According to figures…
First Bank Launches Payment Card
First Bank of Nigeria Limited says it has launched a virtual payment card, a naira-denominated debit card and digital representation…
Dangote Loses $900m In 24hrs
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, saw his total net worth drop by $900m on Friday as his…
FG Hikes Electricity Tariff Again
The Nigerian Electricity Regulatory Commission, NERC, has approved over 50 per cent hike in electricity tariff payable by customers of…
Border Reopening: Nigeria Fully open for business – Buhari tells Ghana, others
The President, Major General Muhammadu Buhari (retd.), in his 2021 New Year Broadcast on Friday, informed West African neighbours like…
FAAN Ramps Up Covid-19 Protocols At Airports
The Federal Airports Authority of Nigeria (FAAN) on Thursday said it has stepped up measures to ensure the safety of…
ALTON’s Update On SIM Registration And NIN Integration
The Association of Licensed Telecommunication Operators of Nigeria has announced that subscribers with National Identification Numbers can now replace their…
Consumers Will Get Refund For Meter Payment – NERC
Electricity customers who paid for meters under the Meter Asset Provider scheme will be refunded, the Nigerian Electricity Regulatory Commission…
Lagos To Complete Rice Mill By First Quarter Of 2021
Lagos State government has assured that the multi-billion naira Imota Rice Mill would be completed towards the end of the…
MTN Expands Rural Connectivity
MTN Nigeria has identified over 3,000 locations for a phased rollout over three years to connect millions of Nigerians living…
CBN Directs DMB’s To Close Naira Remittances Ledgers
THE Central Bank of Nigeria (CBN) has mandated Deposit Money Banks (DMBs) to close all ‘Naira General Ledgers’ used by…
Reps To Investigate Dangote Refinery, Lekki Port Dredging Activities
The House of Representatives has mandated the House Committee on Environment to urgently visit coastal fishing communities in Ibeju Lekki…
Equity Market Gains 7.46%, The Highest In Five Weeks
Trading activities on the equity market finished last week on the positive trajectory as the NSE All-Share Index and market…