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Business and Economy
ABCON tasks CBN on forex stability in 2021
The Association of Bureaux De Change Operators of Nigeria (ABCON), on Tuesday, urged the Central Bank of Nigeria (CBN) to continue to stabilise the...
Nigeria attracted only 4% of $75bn Africa’s oil, gas investment in 4 years
Despite its huge oil reserves, Nigeria attracted only four percent of Africa’s $75 billion oil and gas investment in four years (2015-2019) because of...
CBN fixes N2b capital for mobile money operators
Mobile Money Operators (MMOs) are to maintain a minimum of N2 billion capital base, the Central Bank of Nigeria (CBN) has directed in a...
Peugeot, Fiat Merger To Be Sealed By Shareholders
The shareholders of France’s PSA and US-Italian rival Fiat Chrysler are expected to approve their merger on Monday, creating the world’s fourth-biggest automaker by...
Bitcoin Passes $30,000 For The First Time
Bitcoin, the leading virtual currency, saw its price pass $30,000 on Saturday for the first time in just its latest record high.The first decentralised...
Nigeria Fully Open For Business, Buhari Tells Neighbouring Countries
President Muhammadu Buhari on Friday expressed optimism that the reopening of Nigeria’s land borders will improve its economy, telling the country’s West African neighbours...
NNPC Records N222.3bn Gross Revenue in November
The Nigerian National Petroleum Corporation (NNPC) recorded a gross revenue of N222.3 billion, excluding statutory and obligatory deductions in November 2020, latest figures from...
CBN to charge protection fees over non-interest backed securities
The Central Bank of Nigeria (CBN) has stated that it will charge protection fees from investors in its Non-Interest Asset Backed Securities.One of the...
Gov Matawalle signs 2021 appropriation bill into law
From Abba Kabara, Gusau. Governor Bello Mohammed Matawalle of Zamfara state has in the early hours of today, signed the 2021 appropriation bill after the...
Gov. Matawalle to establish due process office
From Abba Kabara, Gusau. Governor Bello Matawalle of Zamfara state said he will soon create a very functional due process unit to ensure strict compliance...
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