Business

Crisis brews over plan to unbundle Nigerian Railway Corporation

The plan by the Federal Government to unbundle the Nigerian Railway Corporation into four separate companies as part of its…

3 years ago

CBN pegs microfinance banks loan per transaction at N1m

The Central Bank of Nigeria (CBN) has pegged maximum loan limit for Microfinance Banks (MfBs) at N1 million per transaction.…

3 years ago

CBN blocks bank accounts of 18 companies

The Central Bank of Nigeria has ordered banks to place a post-no-debit on the bank accounts of 18 companies. A…

3 years ago

FG earns N1.054tn from communication industry in two years

The Federal Government has generated a total of N1.05 trillion in the last two years through its Ministry of Communications…

3 years ago

Twitter has met seven of FG’s 10 requests – Lai Mohammed

Minister of Information and Culture, Lai Mohammed, says the Federal Government is awaiting Twitter’s response on three final requests made…

3 years ago

Twitter tax, others raise FIRS 2022 revenue target to N10.1tn

The registration of Twitter and other social media as business entities in Nigeria has raised the projected revenue of the…

3 years ago

FEC approves N658m sniffer dogs for Lagos, Abuja airports

The Federal Executive Council at its weekly meeting on Wednesday presided over by President Muhammadu Buhari approved N658m for sniffer…

3 years ago

Forex deal: CBN lists ‘infractions’ of RiseVest, other fintech platforms

The federal high court sitting in Abuja on Tuesday granted the request of the Central Bank of Nigeria to freeze…

3 years ago

Buhari gives Sylva 12 months to complete PIA implementation

President Muhammadu Buhari has named Minister of State for Petroleum Resources, Chief Timipre Sylva, to head a steering committee that…

3 years ago

Petroleum Industry Act will bring lasting benefits, Buhari tells host communities

President Muhammadu Buhari says the provisions of the Petroleum Industry Act (PIA) will bring lasting benefits to the oil producing…

3 years ago