Category: Business

Senate calls on CBN to suspend ATM card maintenance charges

The Senate ALSO passed a resolution calling on the Central Bank of Nigeria to suspend the ATM card maintenance charges being deducted from customers. The Senate made...

Skye Bank: ‘Mismanaging officers’ under investigation

The events leading to capital erosion of the defunct Skye Bank Plc, and the roles played by its officers would be unearthed soon, going by assurances from the Nigerian...

MTN

MTN takes CBN, AGF to court over $10.1b cash demand

Mobile giant MTN Nigeria has urged the Federal High Court to restrain the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation (AGF) from enforcing...

ikeja

Ikeja Computer Village to be relocated

The plan to relocate the popular Computer Village in Ikeja Lagos to Katangowa area of Agbado Oke-Odo Local Council Development Area has been endorsed by stakeholders in...

Seven petrols stations seals for under dispensing of products

The Department of Weights and Measures, Federal Ministry of Industry, Trade and Investment, has sealed seven petrol stations in Warri and Asaba in Delta, for...

Cement factory to kick in Ebonyi soon

BUA Group on Wednesday said it was commencing core drilling in Ebonyi preparatory to establishing a cement plant in the state. The Group Managing Director of the...

stock market

2018: Nigerian Stock Market ranked worst performing in Africa

The series of tensed political developments in Nigeria coupled with some negative macroeconomic statistics have taken a huge toll on the competitiveness of Nigeria’s...

Ghana – Nigeria to sign free Trade Zone

Ghana has appealed to Nigeria to sign the African Free Trade Area Agreement aimed at providing single continental market for goods and services. President Nana...

Niger pilgrim returns N400,000 found in Saudi toilet

A pilgrim from Niger State, Musa Edotsu, has reportedly returned a cash sum in foreign currency equivalence of N400,000, which he found in a toilet in Saudi Arabia while...

Premium motors spirit (PMS)marketers stop operations in Anambra over demolition of filling station

Petroleum marketers in Anambra State have shut their filling stations in protest for the demolition of a member’s property by the state government. The marketers,...