FOREIGN EXCHANGE: NAIRA DEPRECIATES TO N1,611 IN NAFEM
The Naira yesterday depreciated to N1,611.34 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate...
NNPCL TO HAND OVER WARRI, KADUNA REFINERIES TO PRIVATE OPERATORS
The Nigerian National Petroleum Company Limited (NNPCL) says it is seeking to engage reputable and credible operations and maintenance companies to operate and maintain the...
LAGOS TO SUPPORT COMMERCIAL, INDUSTRIAL TRADE FAIR 2024
Lagos State Government has promised to collaborate and support the “Commercial and Industrial Trade Fair 2024” which is being organised by the Lagos International Trade...
LATEST: TINUBU APPOINTS TWO DIRECTORS FOR BANK OF INDUSTRY
President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as Executive Director, Corporate Finance & Risk Management and Executive Director of, Large Enterprises Directorate...
CBN LIFTS SUSPENSION ON BANK BORROWING, PEGS LENDING RATE AT 31.75%
The Central Bank of Nigeria (CBN) has lifted its suspension on banks borrowing from its window, known as the Standing Lending Facility (SLF). The apex...
SANWO-OLU ASSURES INVESTORS OF CONDUCIVE BUSINESS ENVIRONMENT IN LAGOS
•Oyetola, Ambrose-Medebem others roll out initiatives to attract, retain investments Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday reiterated his administration's commitment to continuously create...
ATIKU KNOCKS TINUBU OVER ALLEGED RAPID APPROVAL OF NEPHEW’S OANDO IN AGIP/ENI PURCHASE
Former Vice President of Nigeria, Atiku Abubakar has asked the Federal Government to explain why Oando Plc, owned by President Bola Tinubu’s nephew, got accelerated...
BREAKING: DATA PROTECTION COMMISSION, NDPC FINES FIDELITY BANK N555.8M FOR DATA BREACH
The National Data Protection Commission (NDPC) has fined Fidelity Bank a total sum of N555.8 million for infractions relating to breaches of its customers’ data....
NAIRA SLUMPS TO N1,600/$ IN PARALLEL MARKET
From N1,590 per dollar last weekend to N1,600 per dollar on Tuesday, the Naira depreciated further in the parallel market. In contrast, the Nigerian Autonomous...
NERC GRANTS MTN, OTHERS LICENCES TO GENERATE ELECTRICITY
The Nigerian Electricity Regulatory Commission (NERC) has issued permits to Golden Penny Power Limited, MTN Communications Nigeria Limited, Havenhill Synergy, and other multinationals for mini-grid...