Adjust cash withdrawal limit, Senate urges CBN
In response to public outcry over its proposed weekly withdrawal on cashless policy, the Senate has urged the Central Bank of…
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Visa to invest $1bn in Africa
Visa Inc has disclosed plans to invest $1 billion in Africa over the next five years to capitalize on the emerging economy’s…
Ghana receives IMF’s $3bn bailout fund
Ghana has signed a $3billion bailout agreement with the International Monetary Fund following months of declining economic revenue. This is a follow-up…
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…
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…
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…
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…
CBN reduces over-the-counter withdrawal limit
The Central Bank of Nigeria has announced the reduction of over-the-counter withdrawal limit for both individuals and companies. According to Nairametrics,…
Port terminal generated N213bn in 11 months – Customs
The Nigerian Customs Service has revealed that its Port Terminal Multiservices Limited generated the sum of N213bn in the last 11…
No plan to increase price – Dangote Cement
Dangote Cement Plc, has denied any form of price increase in its products. The company made this clarification after a recent…
Dangote’s wealth rose by $1.5bn in Nov
In spite of the creeping fuel scarcity and rise in inflation index in November, Africa’s richest man and Chairman, Dangote Group, Aliko…
Scarcity: Two billion litres of petrol available – NNPC
The Nigerian National Petroleum Company Limited has disclosed that it has two billion litres of Premium Motor Spirit popularly known as petrol…