JAPA Syndrome: Nigeria is losing its doctors and the population is getting ‘sick’Prince Harry and Meghan arrive in Nigeria to promote mental healthAddress Nigerians’ sufferings, Gani Adams To TinubuUBA Upgrades Mobile App, Introduces Exciting Features for CustomersNBTE to strengthen entrepreneurship curriculum in polytechnics
12
May, Sunday
0°C
Current location
Category: business news
Fed Govt directs NAICOM to deepen insurance penetration
The Federal Government has directed the National Insurance Commission (NAICOM) to deepen insurance penetration by making insurance companies develop new insurance products and policies. Minister of Finance, Budget and National…
Read More
19.64% inflation rate highest-ever in 17 years, says NBS
NIGERIA’S inflation rate rose from 18.6% to 19.64% within a month, the National Bureau of Statistics said yesterday. The Bureau attributed the 17-year all-time high 1.82% jump – the highest…
Read More
DISCOs: BPE, CBN give banks 6 month deadline to quit
The Bureau of Public Enterprises, BPE, and the Central Bank of Nigeria, CBN, has handed down a 6- month deadline to banks which recently took over the shares of core…
Read More
Airpeace Airline suspends flights to South Africa because of visa delays and expensive jet fuel
Nigerian carrier Air Peace has announced that flights to and from Johannesburg will be suspended from 22 August owing to visa processing delays, the rising price of jet fuel, and…
Read More
Naira Gains N70 Against US Dollars, Blackmarket Speculation fails
Blackmarket Speculators Loss As Naira Gains N70 Against US Dollars A few days after security personnel stormed several Bureau De Change (BDC) hubs in Abuja, Lagos and Kano, the naira…
Read More
Bank borrowing from CBN rises by 27% from N3.6tn to N4.5tn within few weeks
Amid a rising liquidity crunch, banks operating in Nigeria borrowed a whopping sum of N4.5tn from the Central Bank of Nigeria in July, an increase of 27 per cent Month-on-Month…
Read More
CBN to sell Polaris Bank for N40 billion to Auwal Gombe, IBB’s in-law
The Central Bank of Nigeria is proceeding secretly but firmly to sell Polaris Bank Ltd to an obscure businessman for roughly N40 billion, according to multiple sources familiar with the…
Read More
NNPC Ltd Lays off 500 Staff, Give Conditions, Deadline for Them to Leave
500 staff of the Nigerian National Petroleum Company Limited (NNPC) are said to have received email terminating their appointment This is coming days after the NNPC limited was officially unveiled…
Read More
Report on maize value chain will galvanize maize Production says — EU
The European Union, EU, Delegation to Nigeria, Economic Community of West African States, ECOWAS, and the Federal Government, via the Federal Ministry of Agriculture and Rural Development, announced on Friday…
Read More
8 Years Later, and the Naira Continues to Plunge Under the Watchful Eyes Of CBN Governor Emefiele
The official rate of the Naira against the US Dollar has declined from N164 to N419 since the central bank's Governor, Godwin Emefiele, took office in March 2014. (or 61…
Read More
