Business

GTB takes over Stallion assets in Lagos over N13bn debt

Guaranty Trust Bank (GTB) says it has taken over the assets of Nigeria Limited in Lagos and its sister firms…

3 years ago

Fuel Scarcity: Lingering crisis not deliberate attempt to influence, scuttle elections – NNPC

In a veiled response to the presidential candidate of the All Progressives Congress (APC), Bola Tinubu, the Nigerian National Petroleum…

3 years ago

I have sacks of new naira notes, says bandit, displays some in viral video

As many Nigerians groan over inability to access funds from banks, a bandit kingpin terrorising communities in Kaduna has released…

3 years ago

BREAKING: CBN Issues fresh directive to banks on new naira notes

The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) to commence the payment of the redesigned naira notes…

3 years ago

CBN governor, bank chiefs on a collision course over amount of new notes

The cash crunch that hit most banks in the country since Monday, January 30, 2023 continued yesterday as banks said…

3 years ago

New naira scarcity: Sokoto, Zamfara, Katsina border residents trade in CFA

Residents of border communities in states including Sokoto, Zamfara, Katsina, Adamawa and Kwara have opted for the CFA franc following…

3 years ago

Electricity generation: FG approves 11 new GenCos

The Nigerian Electricity Regulatory Commission has revealed that it has issued 11 new electricity generation licenses. This was disclosed in…

3 years ago

IMF upgrades Nigeria’s 2023 economic growth projection to 3.2%

The International Monetary Fund (IMF) has raised Nigeria’s economic growth projection to 3.2 per cent for this year. This is…

3 years ago

ICPC arrests woman selling new naira via Twitter

The Independent Corrupt Practices and other related offences Commission (ICPC) has arrested a woman for offering new naira notes for…

3 years ago

NNPC takes over operation of Production Sharing Contract (PSC) for 4 oil wells from Addax

The Nigerian National Petroleum Company Ltd (NNPC) said it has taken over the operation of the Production Sharing Contract (PSC)…

3 years ago