Business

CBN: No plan to convert domiciliary accounts into naira

The Central Bank of Nigeria (CBN) has denied a claim that it directed banks to convert all customers’ domiciliary accounts…

3 years ago

Weststar excites, introduces Benz E-Class with auto intelligence

Weststar Associates Limited, authorised distributor of Mercedes-Benz brand of vehicles in Nigeria, has announced the arrival of the new E-Class…

3 years ago

Nigeria spends N6tn to fight terrorists, loses N5.4tn to tax evasion – EFCC

Nigeria has spent over N6tn to prosecute its war against terrorism since 2008, Chairman of the Economic and Financial Crimes…

3 years ago

Kano government floats new transport authority

Kano State government on Friday announced a new Road Transport Authority to regulate and manage the entire transport system in…

3 years ago

Kia, BKG worry over Nigeria auto industry challenges, proffer solutions

Abuja auto show begins Oct 25 Challenges confronting the Nigerian auto industry and the way forward were at the centre…

3 years ago

VAT: Appeal court order not binding on Lagos, says commissioner

Lagos State Government says the Court of Appeal order granted Friday on Value Added Tax is not binding on the…

3 years ago

Bakers Threaten Strike Over High Cost Of Flour

The Association of Master Bakers and Caterers of Nigeria has threatened to withdraw its services nationwide to protest the incessant…

3 years ago

ECO Green Bus eyes Nigerian market with full range

Natural gas-powered vehicle manufacturer, Austrian Technologies Nigeria, says its full models of ECO-Green buses are set to hit the Nigerian…

3 years ago

Nigeria’s oil production drops to 1.2mbd, lowest this year

Nigeria’s economy appears to be facing challenges from different areas simultaneously as its oil production dropped to an average 1.23…

3 years ago

Updated: Concern mounts as naira falls to ₦550 per dollar

The naira has continued its free fall against the United States dollar and other major currencies as it traded between…

3 years ago