Business

Naira goes for N698/$1 black market, forex supply falls to $82.4m

The exchange rate between the naira and the US dollar at the cryptocurrency peer-to-peer forex traded at N697/$1 on Friday…

4 years ago

FG, states, LGs share N954.085bn federal allocation for July

The Federation Account Allocation Committee has shared N954.085 billion to the three tiers of government as federation allocation for July.…

4 years ago

Stanbic IBTC non-performing loans rise to N25bn

Non-Performing Loans of Stanbic IBTC Holding Plc have risen by N5bn in the first six months of this year to…

4 years ago

FG okays N718m contracts to secure Abuja rail tracks, stations

The Federal Executive Council on Wednesday approved N718.19 million contracts to two security outfits to protect the 45-kilometre Abuja rail…

4 years ago

MTN begins 5G pilot in Nigeria

MTN Nigeria yesterday kicked off an open fifth generation (5G) pilot in the lead-up to its anticipated commercial launch. The company,…

4 years ago

Nigerians qualify as UK launches scale-up visa for skilled workers

The United Kingdom has announced that foreign nationals can now apply for its scale-up visa effective August 22, 2022. This…

4 years ago

GAC Motors, Rotary Int’l sign MoU on vehicle purchase

Rotarians to enjoy 5% discount Choice International Group Motors has signed a memorandum of understanding with Rotary International District 9110…

4 years ago

Minister gives two conditions to restart Abuja-Kaduna train service

Minister of Transportation, Muazu Sambo, says the Federal Government cannot restart the Abuja-Kaduna train services now because it will be…

4 years ago

FG investing $2bn in power distribution, transmission through Siemens initiative – Osinbajo

The Federal Government is investing more than $2 billion under the Siemens Presidential Power Initiative to boost transmission and distribution…

4 years ago

Keyamo: FG now relies on Customs, FIRS revenue to pay salaries

Minister of State for Labour, Festus Keyamo, says the Federal Government now relies on the revenue from Customs, Federal Inland…

4 years ago