Newscenter Media News President Bola Tinubu on Friday congratulated the retired Group Chief Executive Officer of First Bank Nigeria Limited, Dr Adesola Adeduntan, for his service at Nigeria’s oldest bank. The President’s …
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$5bn Africa Energy Bank begins operation January – FG
The Federal Government has announced that the much-anticipated $5bn Africa Energy Bank is set to commence operations on January 28, 2025, marking a significant milestone in efforts to enhance …
Read More »Low income pushes 14m Nigerians into poverty – World Bank
As inflation rises, low labour income has pushed an estimated 14 million Nigerians into poverty in 2024. This is according to the World Bank’s latest report on Macro Poverty …
Read More »Support property market, estate developers urge govt
The International Real Estate Federation, Nigeria chapter, in collaboration with the World Citizen Consulting and Centre for International Private Enterprise has urged the Federal Government to support the growth …
Read More »NGX: Equities ends week in red as investors lose N132bn
Investors in the Nigerian equities market lost N132 billion at the close of trading on Friday. This followed the dip in the share prices of stocks like ARADEL, ELLAH LAKES, …
Read More »NRC grants CCECC license to operate freight services on Lagos-Ibadan Railway
The Nigerian Railway Corporation (NRC) has awarded the China Civil Engineering Construction Corporation (CCECC) a three-year license to operate freight services on the Lagos-Ibadan standard-gauge railway line. The license will …
Read More »Nigerian govt allocates N500bn to revive over 100 abandoned TCN projects, says minister
The Federal Government is set to invest over N500 billion to complete more than 100 abandoned projects by the Transmission Company of Nigeria (TCN) nationwide. Minister of Power Adebayo Adelabu …
Read More »Nigerian govt issues nine-month ultimatum to those keeping dollars outside banking system
The Federal Government has issued a nine-month ultimatum to individuals keeping dollars outside the banking system. If brought in now, the Nigerian government assured that there will be no penalty; …
Read More »‘Pay directly to us to get fuel, Dangote Refinery fires back at IPMAN
The Dangote Petroleum Refinery has told the Independent Petroleum Marketers Association of Nigeria (IPMAN) to register directly with it and stop making payments for its petroleum products to third-party entities. …
Read More »Cedrus Trustees gets recognition
Cedrus Trustees, a subsidiary of Cedrus Group Africa, has been recognised as one of the fastest-growing corporate trustees in Nigeria at the 2024 BusinessDay Banks and Other Financial Institutions …
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