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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

Agency Report Agency Report

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,

Agency Report Agency Report

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

Agency Report Agency Report

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

Kayode Oyero Kayode Oyero

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

Agency Report Agency Report

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

Kayode Oyero Kayode Oyero

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

Agency Report Agency Report

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

Agency Report Agency Report

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

Agency Report Agency Report

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

Agency Report Agency Report

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

Agency Report Agency Report

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,

Agency Report Agency Report
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