Business

11,500 mass transit buses coming as Tinubu okays CNG-vehicle initiative

11,500 mass transit buses coming as Tinubu okays CNG-vehicle initiative President Bola Tinubu has approved the establishment of the Presidential Compressed…

1 year ago

BREAKING: CBN to resume sale of dollars to BDCs

BREAKING: CBN to resume sale of dollars to BDCs The Central Bank of Nigeria has announced measures to reintroduce Bureau…

1 year ago

CBN introduces FX price verification portal for importers

CBN introduces FX price verification portal for importers The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX)…

1 year ago

Naira gains at official market, trades 740.67/$

Naira gains at official market, trades 740.67/$ The naira strengthened to the dollar on Thursday after closing at 740.67/$ on…

1 year ago

Tony Elumelu’s Transcorp takes over Abuja DisCo management

Tony Elumelu’s Transcorp takes over Abuja DisCo management  Transnational Corporation (Transcorp Plc) has acquired a 60 per cent interest in Abuja…

1 year ago

First Bank Holdings appoints Otedola non-executive director

First Bank Holdings appoints Otedola non-executive director First Bank of Nigeria (FBN) Holdings has named billionaire businessman, Mr Femi Otedola,…

1 year ago

Forex: NNPCL secures $3bn emergency oil repayment loan

Forex: NNPCL secures $3bn emergency oil repayment loan  The Nigerian National Petroleum Corporation Limited says it has secured a $3…

1 year ago

Naira gains after CBN announced intervention plan

Naira gains after CBN announced intervention plan The naira appreciated against the dollar at the parallel market on Tuesday, exchanging…

1 year ago

Air travel faces threat as aviation workers begin strike today

Air travel faces threat as aviation workers begin strike today The National Union of Air Transport Employees (NUATE) has directed…

1 year ago

Nigeria’s inflation rises for seventh consecutive month, hits 24.08%

Nigeria's inflation rises for seventh consecutive month, hits 24.08% Nigeria's inflation has risen for the seven consecutive time to 24.08…

1 year ago