Tag: Nigeria Business Now

NLC President Joe Ajaero Arrested In Imo

NLC President Joe Ajaero Arrested In Imo   The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has been arrested in Owerri, Imo State. According to report, Ajaero was picked up from the NLC State Council Secretariat by heavily armed policemen in Owerri and taken to an unknown destination.[Read More…]

CBN denies plans to Redenominate Naira

CBN denies plans to Redenominate Naira  The Central Bank of Nigeria (CBN) has dismissed rumours suggesting any plans for the redenomination of the Naira, set to take effect from January 2024. The response from the CBN comes in light of an assertion implying its intention to redenominate the nation’s official[Read More…]

Access Bank empowers businesses, NGOs

Access Bank empowers businesses, NGOs Access Bank has strengthened its Development Banking Desk to drive sustainable development in Nigeria and across the African continent. Development Banking Desk is a specialised desk within Access Bank mandated to provide exclusive financial support to non-profit organisations such as international non-governmental organisations, non-governmental organisations,[Read More…]

FG to approve Seplat’s acquisition of $1.3 billion ExxonMobil assets

FG to approve Seplat’s acquisition of $1.3 billion ExxonMobil assets Seplat Energy Plc, a leading Nigerian independent energy firm registered on the Nigerian Exchange Limited and the London Stock Exchange, has said that the federal government will approve the acquisition of $1.3 billion ExxonMobil’s shallow-water assets. The FG had previously[Read More…]

Be Cyber Security Conscious, Ecobank Advises Customers

Be Cyber Security Conscious, Ecobank Advises Customers   Ecobank Nigeria has advised its customers and stakeholders to stay safe online and boost their cybersecurity initiatives against the rising activities of cyber criminals. In a message to customers via email, as part of the Cybersecurity Awareness Month, the bank enjoined customers[Read More…]

Banks, Fintechs harps on ways to tackle e-fraud

Banks, Fintechs harps on ways to tackle e-fraud   Experts and stakeholders in the financial service sector have called for the integration of multiple identity system into one to easily detect and track perpetrators of cybercrime. They made this call last week at the Cyber Awareness week. Speaking at the[Read More…]

FG to revamp steel sector, overhaul MTI – Minister

FG to revamp steel sector, overhaul MTI – Minister   The Federal Government is set to revamp Nigeria’s steel sector to enhance the economy, create employment opportunities and speed towards industrialization. Nigeria’s Minister of State for Steel, Uba Maigari Ahmadu stated this during an official visit to Anambra State.  [Read More…]