CBN unveils electronic system to enhance transparency in forex market
October 4, 2024
Dangote Refinery Receives 1 Million Barrels Of Crude Oil The Dangote oil refinery in Lagos, Nigeria, has received its first shipment of 1 million barrels of crude oil, marking a major milestone for the facility and bringing it closer to full operation. This initial cargo, sourced from Shell International[Read More…]
AFCON 2023 Promo: Ecobank Rewards 50 Customers In first Monthly Draws Ecobank Nigeria has rewarded 50 of its customers in the first draw of its “Save and Score” promo. The promo which was initiated by the Bank in November and expected to run till January 6, 2024, was inspired[Read More…]
United Nigeria Airlines opens more domestic routes Despites turbulence in the aviation sector, United Nigeria Airlines (UNA) has opened three additional domestic routes. Last week UNA opened two in the North and one in the South. This according to them is to further link more cities and create choices[Read More…]
Shell Nigeria Gas Empowers 150 Youths On Enterprise Development Shell Nigeria Gas Limited has trained and empowered 150 youths in Ogun State on enterprise development and skill acquisition in boosting job creation. The beneficiaries completed a five-day enterprise development training program (EDP) organised by Shell Nigeria Gas for host[Read More…]
CBN to Tackle Inflation, Exchange Rate Problems Next Year The Central Bank of Nigeria (CBN), has said that it will tackle the rising inflation and exchange rates issues by next year. It also projected less revenue from oil exports in the fiscal year , just as it declared[Read More…]
CIBN wants compliance with ESG standards for Success The Chartered Institute of Bankers of Nigeria (CIBN) has stressed the need for businesses to comply with environmental, social and governance (ESG) standards to succeed. The bankers’ body said that businesses that wished to succeed in the long run must do[Read More…]
IMF seeks stronger crypto regulation The Managing Director, International Monetary Fund, Kristalina Georgieva has stressed the need for comprehensive regulation in the cryptocurrency space to safeguard global financial stability. Speaking at a digital currency conference in Seoul, on Thursday, Georgieva highlighted the potential threat posed by widespread crypto adoption, citing[Read More…]
UBA Says More Millionaires to Emerge in Super Savers Draw United Bank for Africa (UBA) Plc has announced its upcoming Super Savers Draw, which promises to bring even more excitement and opportunities to its valued customers. In line with its commitment to rewarding loyalty and promoting a culture of[Read More…]
The Alternative Bank Revolutionizes Agriculture to Tackle Hunger in Ogoniland The Alternative Bank Limited, a forward-thinking financial institution, is taking proactive steps to combat hunger and environmental distress in Ogoniland. Teaming up with over 800 local farmers, the bank has launched the Agricultural Community Support Programme (ACSP) in[Read More…]
Nigeria Signs Historic Solar Plant Deal Nigerian government has signed a crucial agreement to establish a 1GW solar PV manufacturing plant within the country’s borders. This historic MoU, reached during the ongoing COP28 summit, signifies a major step towards a sustainable and self-reliant future for Nigeria. The agreement represents[Read More…]