The Association of Mobile Money and Bank Agents in Nigeria has taken legal action against the Corporate Affairs Commission over its directive requiring Point of Sale operators to register …
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N132bn allocated to gender issues in six years —EFInA
The Enhancing Financial Innovation and Access platform has revealed that the Federal Government allocated about N132.28bn to gender-related issues in six years out of the N46.65tn approved budget between …
Read More »BoI raises record €1.43bn in global loan syndication drive
The Bank of Industry has raised approximately €1.43bn, the largest amount in the history of the bank, during the senior phase of its global loan syndication. In a statement …
Read More »Barge operators slam NPA over N50m operating licence
Barge Operators Association of Nigeria has said that the major challenge confronting its members is the N50m bank bond slammed on them by the management of the Nigerian Ports …
Read More »FG begins sale of 30,000MT subsidised milled rice
The Federal Government has commenced the sale of 30,000 metric tonnes of subsidised milled rice to Nigerians at the rate of N40,000 per bag. It started the subsidised rice …
Read More »Unity Bank restores service, begins duty collection
Unity Bank Plc has announced the restoration of services on its system and the readiness to collect duty for cargoes from licensed customs agents and freight forwarders. This is …
Read More »NGX: Equities market extends bearish trend as investors lose N188bn
The Nigerian equities market extended its bearish trend on Thursday as investors lost N188 billion at the close of trading. This followed the dip in the share prices of stocks …
Read More »NNPC hints at further increase, claims new petrol price didn’t reflect market realities
There are indications that the Nigerian National Petroleum Company (NNPC) Limited may still increase the pump price of Premium Motor Spirit (PMS) popularly known as petrol beyond the current N855/litre …
Read More »Dangote says NNPC yet to lift its petrol, denies N897/liter price
Dangote Group has debunked reports making the rounds that the Nigeria National Petroleum Company Limited (NNPCL) is currently lifting petrol from its refinery at a price of N897 per litre. …
Read More »Ikeja Disco gets more Band A feeders
The Ikeja Electricity Distribution Company has added 23 more Band A feeders, raising the total to 179. This was as the Nigerian Electricity Regulatory Commission approved the Multi-Year Tariff …
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