CBN Moves to Tackle Growing Forex Demand with Retail Dutch Auction System
*Cardoso: Financial policy, cross border movement, others key to AfCFTA success In a bid to address the growing unmet foreign…
Category: Business
Our Offices Shut to Protect Workers, Facilities, Says MTN
MTN Nigeria has given reasons why it decided to close its offices nationwide.According to MTN, its offices were closed in…
CBN Sells $148m to Authorised Dealers
Central Bank of Nigeria (CBN) yesterday, disclosed that it sold a total of $148 million to Authorised Dealers Banks (ADBs)…
Sanwo-Olu to Investors: Bring Your Business to Lagos for Guaranteed Returns
Lagos State Governor, Babajide Sanwo-Olu, at a Pre-Summit Investors’ Roundtable held yesterday, pushed for an aggressive investment inflow to boost…
CBN announce increment in interest rate
The governor of Central Bank of Nigeria, Olayemi Cardoso has announced increment in interest rate to 26.75% from 26.25 per…
Dangote Fights Back… NMDPRA Letter Shows Regulator Approved Refinery’s In-house Laboratory for Products’ Testing
As Dangote Refinery fights back allegations by Nigerian Upstream and Downstream Petroleum Regulatory Authority (NMDPRA) that its refined products are…
Electricity hike-VCs appeal to Discos to withdraw Universities from Band A
Victoria Mgbanwa The Committee of Vice Chancellors of Nigerian Universities has made a passionate appeal to the Electricity Distribution Company…
Agip, Equinor Assets’ Sale Deals Completed in Major Breakthrough for Nigeria’s Oil Sector
In a major boost for Nigeria’s oil and gas sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday announced that…
Otedola Acquires Additional N17.2bn Worth of FBN Holdings’ Shares, Now Holds 11.64% Stake
The Chairman of FBN Holdings Plc, Mr. Olufemi Otedola, has purchased an estimated N17.2billion worth of shares in the holding…
Dangote Refinery: IOCs Plotting Our Failure By Declining to Sell Local Crude Despite Paying Premium
The management of the 650,000 barrels per day (bpd) Dangote Refinery at the weekend accused International Oil Companies (IOCs) operating…