India’s aviation regulator, on Friday, imposed a fine of 3 million rupees ($36,496 million) on Air…
Category: Business/Economy
Angola overtakes Nigeria, emerges Africa’s top oil producer
Angola has overtaken Nigeria emerging top African crude oil producer for the month of April 2023.…
Court okays suspension of Seplat Energy MD, others
*Asks SEC to appoint interim mgt team for the oil firm A Federal High Court, Abuja,…
Naira falls by 0.17% against U.S dollar
The Naira depreciated against the dollar on Wednesday, exchanging for N463.02 at the Investors and Exporters…
Labour begins indefinite strike in Abia, shuts govt offices in Aba, Umuahia
The leadership of the Nigeria Labour Congress (NLC) in Abia State, on Wednesday, paralysed government activities,…
CBN issues regulatory guidelines for foreign banks to establish offices in Nigeria
The Central Bank of Nigeria (CBN) has issued approved guidelines for the regulation of representative offices…
Nigeria fast exceeding its borrowing limit, budget office cautions
The Director General, Budget Office of the Federation, Mr. Ben Akabueze, has expressed concern that Nigeria…
BVN issued in Nigeria has no expiry date, CBN clarifies
The Central Bank of Nigeria (CBN) has clarified that the Bank Verification Number (BVN) issued by…
Immigration C-G blames CBN for scarcity of passport booklets
The Nigeria Immigration Service (NIS) has blamed the Central Bank of Nigeria (CBN) for the scarcity…
Court bars NBC from imposing fines on broadcast stations in Nigeria
A Federal High Court Abuja, on Wednesday, gave an order of perpetual injunction restraining the National…