CBN sets N1m limit for cash collection centres
The Central Bank of Nigeria has pegged the minimum transaction limit for corporate and individuals transacting with Bank Neutral Cash Hubs at N1m and N500,000 respectively. The banking regulator disclosed…
Lekki seaport’ll contribute $360bn to Nigeria’s GDP – FG
The Lekki Deep Seaport in Lagos Free Trade Zone is going add about $360bn to Nigeria’s Gross Domestic Product within 45 years, the Federal Government announced on Sunday. The Minister…
Bakers threaten shutdown as diesel price soars
Bakers under the aegis of Premium BreadMakers Association of Nigeria are mulling a total shutdown of operations, following steady and fast increases in the price of diesel in the past…
Negotiations with labour on fuel subsidy removal still ongoing – FG
The Federal Government is still in negotiations with the organised labour as regards the removal of subsidy on Premium Motor Spirit, popularly called petrol, it was gathered on Sunday. Officials…
FG inaugurates 35-hectare Imo farm estate
THE Federal Government has inaugurated the rehabilitated 35-hectare Achara-Ubo Emekuku Integrated Farm Estate in Imo State, engaging about 1,000 farmers in the project. It said the rehabilitated farm estate, which…
Wakanow appoints Aleshinloye head of marketing
Wakanow, a travel agency, has announced the appointment of Muyiwa Aleshinloye as its new head of Marketing. The agency disclosed this in a statement. It said, “Effective immediately, Muyiwa will…
CBN releases operating guidelines for R200 policy
The Central Bank of Nigeria has released guidelines for the operationalisation of its R200 policy. The apex bank recently initiated the R200 policy in an effort to reduce exposure to…
FG urged to complete Sokoto airport hajj terminal
A member of the House of Representatives from Dange/Shuni/Bodinga-Tureta Federal Constituency, Balarabe Shehu-Kakale, has urged the Federal Government to complete the international Hajj Terminal at the Sultan Abubakar III International…
Buhari directs youths’ appointments as board members of MDAs
The President, Major General Muhammadu Buhari (retd.), has directed relevant government officials to ensure that young people with the requisite skills and experience are included in all Boards and Committees…
Energy leader Romeo Power participates in two conferences
Romeo Power, Inc, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, has announced that senior management will participate in two conferences during the month of…
Nigeria’s gas revolution will lift West Africa’s energy –Sylva
Minister of State for Petroleum Resources, Timipre Sylva, has said that the West African sub-region can become energy self-sufficient as a result of Nigeria’s gas revolution. Sylva said the Nigerian government…
Investment commission pledges FDI support to improve Nigeria’s economy
The Nigerian Investment Promotion Commission said it would support Foreign Direct Investment as part of efforts to improve the country’s economy. Acting Executive Secretary of NIPC, Emeka Offor, said this…
