This week — precisely from the 29th of June — Nigeria will start exporting yams to the UK and America. The government is targeting an annual income of $8 billion from this commodity. Actually, with […]
The Central Bank of Nigeria (CBN) on Friday, allocated the total sum of $240 million to the Retail Secondary Market Intervention Sales (SMIS) for spot and forward deals. The dollars were offered for the last […]
The Nigerian Communications Commission (NCC) has assured 21 million Etisalat subscribers that the telco’s N541 billion debt and brewing takeover will not, in any way, affect them negatively. In a statement signed by Tony Ojobo, […]
Strong indications emerged on Wednesday that a consortium of 13 banks, involved in Etisalat Nigeria’s 1.2 billion dollars loan is seeking the Federal Government’s intervention to investigate the management. A management source close to the […]
A consortium of banks, led by Access Bank PLC and other Nigerian and foreign banks, has taken over the management of Etisalat Nigeria, effective June 15. The takeover followed the collapse of the effort by […]
The Nigerian National Petroleum Corporation (NNPC) says it has successfully reduced the price of Automotive Gas Oil (AGO), also known as Diesel, by 42% nationwide. NNPC made this known in a statement released on Sunday […]
Jolted back to reality by the presence of this reporter having been dozing off for what appeared the whole day, Lawal Azeez sprang to his feet to make enquiries about this reporter’s intended destination. Mr. […]
Media Concepts International Limited, an IT company and the Association of Motor Dealers of Nigeria (AMDON) have created a database that can guide prospective customers against buying stolen vehicles. The technological innovation is geared towards […]
The Nigerian Electricity Regulatory Commission (NERC) has reminded electricity consumers not provided with prepared meters by March 1 to stop paying electric bills presented by Distribution Companies (DISCOs) on the basis of estimated billing methodology. […]
Jones Onyereri, a member of the house of representatives, says Nigeria’s problem is not corruption but high interest rates. Onyereri, who is chairman of the house committee on banking and currency, said this on Friday […]
Product, service and programmes must be designed from the viewpoint of what the customer wants and internal processes need to be aligned to deliver the product or service, the way the customer wants it. In […]
Governors of south-east states have urged the Igbo residing in the northern part of Nigeria to carry out their activities without fear, in the wake of a quit notice issued by youth groups in the […]
The Federal Inland Revenue Service (FIRS) has introduced six key electronic solutions (e-Services) to enhance convenience, transparency and round the clock processing and payment of taxes. Some of the e-Services, which could now be accessed […]
Ahead of the June 8 deadline for the implementation of the Federal Government’s executive orders on the ease of doing business in the country, the Nigerian Airspace Management Agency, NAMA, says it has begun the […]
Financial technology experts have blamed corruption for the N3tn that trapped in accounts that have not been linked to the Bank Verification Numbers of their owners, and asked the Central Bank of Nigeria to urgently […]
The Acting President, Yemi Osinbajo, has signed into law two bills that will ultimately facilitate access to more affordable credit for Nigerians. The bills were earlier passed by the National Assembly and were part of […]
Nigeria stands to continue to benefit from an improved oil revenue as the Organization of Petroleum Exporting Countries (OPEC) decided on Thursday in Vienna to extend cuts in oil output by nine months to March […]
THE Central Bank of Nigeria, CBN, has expressed concern over the borrowing activities of the federal government, saying the pace of government’s borrowing has exceeded the target for the 2017 fiscal year. The CBN position […]
Before I delve into my piece this week, it is important to state that what set the tone as well as context for this discourse is the theme for this year’s AFDB meeting in India […]
Bank alerts are short notifications or messages banks send to their customers to inform them whenever there is a transaction on their bank accounts. Basically, there are two types of bank alert, namely: SMS alert […]
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