CBN, others partner to close infrastructure deficit, raise $37bn
The Governor, Central Bank of Nigeria, Godwin Emefiele, has said the Infrastructure Corporation of Nigeria is signing an agreement with some public and private sector partners to raise funds to…
Four banks record 477,405 unresolved complaints in 12 months –Reports
Within a period of one year spanning January 1 to December 31, 2020, four top banks in Nigeria recorded a total of 477,405 unresolved customer complaints. The banks are Zenith,…
Ajaokuta steel: Experts fault FG’s plan to engage British firm
Experts in the steel industry have kicked against the Federal Government's alleged move to engage a British firm in reviving the Ajaokuta Steel Company. Speaking with the News Agency of…
Canada to ban Nigerians, others from buying homes
Canada is set to ban Nigerians and other foreigners from buying homes for two years as prices of real estate properties soar in the North American country. The measure will…
Nigeria has over 80,000 refugees, 3.2 million IDPs -UN
The United Nations High Commissioner for Refugees, the UN agency for refugees, on Wednesday, said over 80,000 refugees and 3.2 million internally displaced persons were in Nigeria and in dire…
Air passengers grow by 34% in Nigeria, others — IATA
The International Air Transport Association says air travel in Nigeria and other African countries grew by 34.7 per cent in February. The Geneva-based trade association representing over 230 international/global airlines…
SIM-NIN: Deactivated subscribers want three-month extension
A large number of telecommunication subscribers trying to link their National Identification Number and Subscriber Identity Module together were left frustrated on Wednesday as heavy traffic on telecom networks slowed…
No plan to reduce duty on imported vehicles – Customs
The Nigeria Customs Service has said that there are no plans for duty reduction on imported vehicles. There are speculations that the service has reviewed the tariff on imported used…
Crypto transaction: CBN fines three banks N800m
The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting in cryptocurrencies. According to a…
CBN warns of illegal firms promising outrageous returns
THE Central Bank of Nigeria has warned the public to avoid dealing with unlicensed or illegal financial operators who lure and defraud unsuspecting members of the public with promises of…
Dangote refinery’ll drive industrial revolution in Africa –FG
THE Minister of Information and Culture, Lai Mohammed, has described the Dangote Petroleum Refinery as a project that will revolutionise the petroleum industry in not only Nigeria, but the rest…
Nigeria’s total debt may hit N50tn – Report
THE Centre for the Promotion of Private Enterprise has said that Nigeria’s debt, including that of the Asset Management Corporation of Nigeria and borrowings from the Central Bank of Nigeria,…
