Naira sells N763/$ at CBN window, trading rises The naira has appreciated by 0.68 per cent against the United States dollar on the Investor & Exporter forex window. The local currency closed at N763/$ on Tuesday, compared to N768.17/$ at the close of trading on Monday. There was no trading[Read More…]
NACCIMA urges FG to Refrain from Merging FIRS, NIMASA, NCS The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has urged the Federal Government to refrain from implementing its proposed merger of the Federal Inland Revenue Service (FIRS), Nigerian Maritime Administration and Safety Agency (NIMASA) and[Read More…]
Tinubu renames airports after Buhari, Awolowo, Okadigbo, others President Bola Tinubu has announced the renaming of several federal airports after some prominent leaders in Nigeria. The Airport renaming was announced in a memo released by the Federal Ministry of Aviation and signed by the Director of Airport Operations,[Read More…]
Sterling Bank Accelerates Nigeria’s EV Race With Qore Nigeria’s leading commercial bank and one of Africa’s fastest-growing companies, Sterling Bank, has changed the course of Nigeria’s energy and transportation sectors with the launch of Qore; its suite of renewable energy-powered transportation solutions. A statement by the bank said, Qore will[Read More…]
Hyde Energy inaugurates LPG facility An indigenous energy trading company, Hyde Energy Limited, has inaugurated a new Liquefied Petroleum Gas (LPG) facility in Makurdi, the Benue State capital. The facility, with a capacity of 40MT, is expected to create jobs and boost the economy of the state, is located[Read More…]
Tinubu signs New Global Financial Pact for investment in Paris President Bola Tinubu has signed the New Global Financial Pact in Paris, France, after visiting the European country for a summit that bares a similar name to the agreement. The New Global Financial Pact was drafted to prioritise vulnerable countries[Read More…]
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…]
