IATA clarifies int’l airfares in Nigeria The global trade association of airlines : International Air Transport Association (IATA), yesterday offered clarifications on the effect of fluctuating exchange rate on international flight tickets sold in Nigeria. The global body said air fares are not determined by it , but[Read More…]
CBN urges tertiary institutions to embrace e-Naira The Central Bank of Nigeria (CBN) has urged students and management of tertiary institutions in the country to adopt e-Naira for payment of tuition fee, salary and other transaction. The Assistant Director, CBN Ekiti State branch, Mr. Ayodeji Adeboboye gave the[Read More…]
Paris Summit: Nigeria ready for business, says Tinubu President Bola Ahmed Tinubu, on Thursday, said Nigeria is ready for business, and assured investors that the country is ready to welcome them. President Tinubu gave the assurance on Thursday in Paris, France when he received President and Chairman of the[Read More…]
Firstbank wins Financial Institution of the year First Bank of Nigeria Limited, Nigeria’s premier banking institution and leading financial inclusion services provider, has won the Financial Institution of the Year Award at the African Export-Import Bank (Afreximbank) Pan African Business and Development Awards. The ceremony marked the 30th anniversary of[Read More…]
Ecobank Reaffirms Commitment To Empowering Youths for Agribusiness Development The Managing Director and Regional Executive, Ecobank Nigeria, Bolaji Lawal has reiterated the bank’s commitment to supporting any investment that will stimulate the growth of Nigeria’s economy and transform the opportunities in Nigeria into business and empowerment for the youth.[Read More…]
Jumia Restates Commitment to Nigeria’s e-Commerce Growth A leading pan-Africa e-commerce platform, Jumia has reaffirmed its dedication to providing an exceptional shopping experience, empowering businesses and making e-commerce accessible to all Nigerians as it celebrates its 11th anniversary. It also reaffirms meeting the shopping needs of consumers beyond the main[Read More…]
FG Approves six Companies to Import Petroleum Products The Federal Government, has granted approval to six new companies for the importation of petroleum products into Nigeria. The Managing Director of Nigeria Mainstream and Downstream Petroleum Regulatory Authority (NMDRA), Farouk Ahmed made this known on Monday, June 19, at the[Read More…]
CBN lifts cash deposit restriction on domiciliary accounts, allows $10,000 daily withdrawals The Central Bank of Nigeria has lifted it’s restrictions on domiciliary accounts while allowing account holders to make withdrawals of up to $10,000 on a daily basis. The CBN disclosed this in a press statement[Read More…]
Google for Startups announces 25 African Startups to receive $4M Black Founders Fund Google for Startups (GfS) has announced the 25 African-based startups selected for this year’s $4million Black Founders Fund. The Black Founders Fund, now in its third year, aims to help tackle systemic racial inequality in venture[Read More…]
UK adjusts trading rules for Nigeria, 65 others The United Kingdom, UK, government has significantly simplified trading rules for Nigeria, and 65 other African countries. Under the new rules the UK will remove duties on cocoa, tomatoes and other products. The move under its new post-Brexit Developing Countries[Read More…]
