Business & Economy
Sanwo-Olu Signs 2024 Budget With N21.74bn Increase
Governor Babajide Sanwo-Olu of Lagos State on Monday signed the 2024 Appropriation Bill into law, with an addition of N21.74 billion on the ...
Business & Economy
FG take measures to eliminate single-use plastics
The Federal Ministry of Environment has initiated measures to eliminate single-use plastics in the country. The move involves ceasing the single-use of plastics ...
Business & Economy
Nigeria Customs Service releases bullion van, N24.4m impounded in 2022
The Nigeria Customs Service (NCS), Ogun Area Command II, released a rice-loaded bullion van impounded in April 2022 on the order of Comptroller-General ...
Business & Economy
NNPCL Allocates Four Crude Oil Cargoes To $20bn Dangote Refinery
The $20 billion Dangote refinery is expected to receive four crude oil cargoes, or four million barrels, from Nigerian National Petroleum Corporation Limited ...
Business & Economy
JUST IN: New CEOs, EDs Appointed For Union, Keystone, Polaris Banks By CBN
The Central Bank of Nigeria, CBN, has appointed new executives to oversee the affairs of Union, Keystone, and Polaris banks – few hours ...
Business & Economy
Zenith Bank Dismisses Report On GMD’s Arrest, Says Onyeagwu On Duty
Zenith Bank PLC, one of Nigeria’s leading financial institutions, has dismissed as entirely untrue reports on the purported arrest of its Group Managing ...
Business & Economy
Tony Elumelu’s Companies Record N278.8bn Capital Gains In 2 Days
The market value of Tony Elumelu’s conglomerate’s listed firms on the Nigerian Stock Exchange (NGX) increased by a staggering N278.8 billion in the ...
Business & Economy
NCC Gives MTN Approval to Disconnect Globacom Over Debt
Due to Globacom’s failure to pay its interconnect debt, MTN has been granted permission to partially disconnect Globacom by the Nigerian Communications Commission ...
Business & Economy
CBN Settles Almost $2bn Outstanding Forward Liability In 3 Months
The Central Bank of Nigeria (CBN) reported that over the previous three months, it has settled forward liabilities totalling about $2 billion. This ...
Business & Economy
Foreign airline operators receive $61.6 million from CBN
The payment of $61.64 million to international airlines via different Deposit Money Banks (DMBs) has been announced by the Central Bank of Nigeria ...