Business

Naira redesign: No charge on cash deposits, says CBN

As the Central Bank of Nigeria now allows banks to accept cash deposits above the previously set limit of N500,000,…

3 years ago

Naira records major gain against dollar, sells for N680/$

The naira on Saturday recorded a major gain against the dollar, closing at N680/$ at the parallel market in a…

3 years ago

UNILAG-Nord auto plant partnership excites FG, Mamora offers support

Minister of Science, Technology and Innovation, Senator Olorunnimbe Mamora, has expressed excitement over the establishment of an auto assembly plant…

3 years ago

Relief as FAAN reopens Lagos airport runway after four months

The Federal Airport Authority Authority of Nigeria (FAAN) says it has reopened the domestic runway (18L/36R) of the Murtala Muhammed…

3 years ago

UNILAG-Nord auto plant set to make drones, inaugurates assembly factory

University of Lagos is set to manufacture drones in addition to assembling of vehicles, providing its engineering lecturers and students…

3 years ago

Naira stages a comeback as dollar crashes at parallel market to N730

The naira, which has been falling against major currencies in the past two weeks, has staged a comeback, recording gains…

3 years ago

Without fuel subsidy, a litre of petrol will cost over N400 — NNPC

The Group Chief Executive Officer of NNPC Limited, Mele Kyari says the only reason Nigerians still buy Premium Motor Spirit…

3 years ago

New Toyota Prado coming next year with hybrid tech

Toyota Motor Corporation is planning something unique for its new Land Cruiser Prado, a hybrid technology. The latest reports from…

3 years ago

N4.5tr debt: Senate to block AMCON debtors seeking elective offices

Though time awaits politicians indebted to the Asset Management Corporation of Nigeria (AMCON). The Senate plans to use the instrumentality…

3 years ago

Scarcity: Fuel Can’t Sell Below N200 Per Litre – Marketers

The National Operations Controller of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mike Osatuyi, says the only realistic pump…

3 years ago