Reps seek lower flight prices for holidays
The request by the House of Representatives to foreign airlines to reopen cheaper layers of fares for the Nigerian market while trapped funds are resolved has gone unanswered, much to…
Nigeria to lose 123.4% revenue in 2023 – World Bank
The World Bank has projected a 123.4% deficit from the country's revenue in 2023 as a result of debt servicing. The international financial institution made this assertion via its…
Nigerian Stock Exchange records 1.51% growth
The Nigerian equity market ended the week on a high note, with the All-Share Index rising by 1.51% for the week ending December 9th, 2022. This comes on the heels…
Arab-Africa trade to boost pharmaceutical sector
The Arab-Africa Trade Bridges Program on Friday concluded its business matching activity which was aimed at strengthening the pharmaceutical industry. The event which was hosted in Tunisia was done…
New naira: CBN answers customers’ FAQ
The Central Bank of Nigeria has announced that there will be no deposit limit account with banks following plans to introduce new banknotes to replace the current N200, N500 and…
Buhari signs Risk Mgt Institute bill
The President, Major General Muhammadu Buhari (Ret'd.), has signed the Chartered Risk Management Institute of Nigeria Bill, 2022, into law. Blueprint reported that the Act has given legal backing…
Suspend new cash withdrawal limit, Reps order CBN
The House of Representatives has directed the Central Bank of Nigeria, to stop the January 9, 2023, implementation of the new cash withdrawal policy. This is based on a…
Why FG must localize electricity distribution – Experts
Several energy and real estate experts in the country have called on the Federal Government to localise electricity distribution within the country to improve its supply and grow the power…
Naira loses to dollar, exchanges at 445.83
The naira on Wednesday exchanged at 445.83 to the dollar at the Investors and Exporters window, a depreciation of 0.01 per cent, compared with the 445.80 it exchanged on…
Osinbajo visits Vietnam, woos Southeast Asian investors
Vice President Yemi Osinbajo on Wednesday concluded his three-day working visit to the Socialist Republic of Vietnam. Before leaving, however, he met senior officials of the Vietnamese government including President…
UN, FG pick 13 states for agric intervention
The United Nations through its Food and Agricultural Organisation, in partnership with the Federal Government have selected 13 states in Nigeria for agricultural intervention with respect to the production of…
30 graduates benefit from FCMB internship placements
First City Monument Bank has provided 30 recent graduates, between the ages of 18 and 30, with the opportunity to acquire work experience through its yearly 'Flexxtern internship programme'. …