CBN stops dollar cash for BTA/PTA over Naira Devaluation The Central Bank of Nigeria (CBN) has announced that it will no longer allow cash for Business Travel Allowance (BTA) and Personal Travel Allowance (PTA). The Apex bank said all such allowances are to be issued in cards. [Read More…]
NSIA Announces $220, 000 Innovation Prize for Start-Ups The Nigeria Sovereign Investment Authority (NSIA) has announced the second edition of the NSIA Prize for Innovation (NPI 2.0), with a combined prize value of $220,000, for Nigerian star-ups. According to a statement by the organisation, in Abuja the prize goes[Read More…]
Expert makes cases for eCommerce to grow small businesses at Ecobank MySME Webinar series Operators of small and medium enterprises (SMEs) in the country have been advised to leverage on eCommerce to boost sales and grow their business. Nigeria Business Now gathered from a release by the bank on[Read More…]
Nigeria’s Non-oil Export Trade Rises To $4.517bn Nigeria’s non-oil export trade has increased from $2.210 billion in the year 2020 to $4.517 billion in 2023 notwithstanding the numerous challenges that affected the nation’s economy. Coordinator, Nigeria Export Promotion Council NEPC, (Cross River State Coordinating Office), Dr Osas Omorogbe[Read More…]
Access Holdings appoints Bolaji Agbede as Acting CEO Access Holdings Plc on Monday announced the appointment of Bolaji Agbede as the Acting Group Chief Executive Officer (GCEO) of the holding company. The appointment follows the death of its late Group Chief Executive Officer, Herbert Wigwe, who died in a[Read More…]
Nigeria grants Air Peace approval for international flights to New York’s JFK Airport The Ministry of Aviation and Aerospace Development has given the green light to Air Peace for international flights to and from John F. Kennedy International Airport in New York, USA. This decision comes after Air Peace[Read More…]
Labour to push for N1m as minimum wage if inflation continues The President of the Nigeria Labour Congress, Joe Ajaero, has stated that if the ongoing inflation continues unabated, organised labour might push for a new minimum wage of up to N1 Million for Nigerian workers. Ajaero said[Read More…]
Nigeria facing worsening economic crisis, says IMF The International Monetary Fund has said stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria. IMF disclosed this in a recent report titled: “IMF Executive Board Concludes Post Financing Assessment with Nigeria,” noting that Nigeria is[Read More…]
Google gives Bard a new name, Gemini Google has introduced Gemini Advanced as the new name for Bard. Bard has been the best way for people to directly experience our most capable models. “To reflect the advanced tech at its core, Bard will now simply be called Gemini.”[Read More…]
ACAMB Mourns exit of _‘the fearless one_ ’ Dr. Herbert Wigwe, CEO of Access Holdings The Association of Corporate & Marketing Communications Professionals in Nigeria Banks (ACAMB) has extended its deepest condolences to Access Holdings Group on the tragic passing of its esteemed CEO, Dr. Herbert Wigwe, CFR. The renowned[Read More…]
