Latest Nigeria Business News
The Central Bank of Nigeria has explained that its decision to restrain importers of milk from the interbank foreign exchange market will encourage investment in local milk production, create jobs and grow the economy. The Director, Corporate Communications, CBN, Isaac Okorafor, who said this on Friday, added that the policy did not mean importation of […]
MTN Nigeria Communications Plc on Friday said it had obtained a super-agent licence from the Central Bank of Nigeria through its subsidiary, Y’ello Digital Financial Services Limited. The licence issued on Thursday, July 25, 2019, according to the company, will enable it to join the league of financial technology companies that are accelerating financial inclusion […]
Wema Bank Plc, the pioneer of digital bank ALAT, has urged the Super Agents for Bet9ja to embrace ALAT, a menu-driven digital banking solution that allowed customers to conduct financial transactions with ease on their mobile phones. The bank also said that as part of efforts to break new frontiers in the sport betting business […]
One of the 14 ministerial nominees screened on Thursday by the Senate, Sunday Dare, urged the Central Bank of Nigeria (CBN) to grant media organisations a “flexible” foreign exchange window. Dare, a journalist and nominee from Oyo State, told senators that the step remained the only way to keep the sector in business. Answering questions […]
The inauguration of Justice John Tsoho as the Acting Chief Judge of the Federal High Court has been rescheduled to take place at 2.30pm on Friday, the Supreme Court’s information department has confirmed The PUNCH on Friday. Guests at the Supreme Court where the Chief Justice of Nigeria, Justice Tanko Muhammad, was scheduled to preside over the […]
The West African Examinations Council (WAEC) is set to release the 2019 West African Senior School Certificate Examination (WASSCE) result on Friday. This is contained in a statement signed by Demianus G. Ojijeogu, WAEC Nigeria’s Head of Piblic Affairs and made available via the council’s official twitter page on Thursday. It said: “Candidates who are […]
The Director General of the National Youth Service Corps (NYSC), Brig.-Gen. Shuaibu Ibrahim, has said beginning from this year’s “Batch C”, only academic certificates and transcripts of foreign students authenticated by Nigerian consulates in foreign countries of study will be accepted for national service. The NYSC chief alleged that some African institutions sell degree and […]
Dr. Osagie Ehanire from Edo State was called for screening on Thursday. Senate President, Ahmad Lawan, reported that Ehanire was absent. The third day of the exercise, started with the immediate past Attorney General and Minister of Justice, Abubakar Malami. 26 nominees have so far been screened. The Senate has adjourned temporarily to reconvened by […]
Former Education Minister and Vice-President of the World Bank’s Africa division, Oby Ezekwesili and other Nigerians expressed concerns about the addition of milk to planned to list of items banned from accessing the official foreign exchange market. It would be recalled that the Central Bank of Nigeria (CBN) had disclosed its plan to add milk […]
THE Asset Management Corporation of Nigeria (AMCON) has said its debt to the Central Bank of Nigeria (CBN) has risen to N5.5 trillion. Its Managing Director, Mr. Ahmed Kuru said out of 12, 000 accounts, the Corporation has structured more than 3, 000 and has been able to get over 1, 000 obligors out of […]