Business

The federal government has announced a N5 billion palliative to each state of the federation, including the federal capital territory (FCT), to cushion the impact of the removal of the petrol subsidy. Governor Babagana Zulum of Borno…
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Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion crude repayment loan to stabilise naira.Gatekeepers News reports that the funding NNPC Limited secured from the AFRIEXIM bank headquarters in Cairo, will…
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Shareholders of FBN Holdings (FBNH) have approved the appointment of Lagos businessman, Mr Femi Otedola as a non executive director of Nigeria’s oldest financial services group. At the just concluded annual General Meeting (AGM),…
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The Central Bank of Nigeria CBN said it has issued N40.67bn loans to members of its staff as of December 2022. This was according to the apex bank’s audited financial statement for 2022. It was observed that there was an increase of…
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Businessmen on the platform of Arewa Economic Forum (AEF) have sent a Save-Our-Soul message to the Federal Government to reopen some northern borders not linked to Niger Republic as over 2,000 Nigeria-bound containers have been trapped,…
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No fewer than 500,000 bakery workers may lose their jobs as bakers are planning to shut down following increase in the cost of materials. The Association of Master Bakers and Caterers of Nigeria (AMBCN) said over 500,000 workers in the…
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There is fresh anxiety at the Central Bank of Nigeria (CBN) as President Bola Tinubu orders a probe of the apex-bank and related entities. The President also has appointed Jim Osayande Obazee, a former Chief Executive Officer of the…
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By Malik Dauda Super Eagles captain, Ahmed Musa, has again demonstrated his love for humanity and won the hearts of many Nigerians by announcing a reduction in the pump price of petrol at his fuel station located in Kano. Recall that…
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By Bunmi Adeyinka An official of Eko Hotel and Suites in Lagos State, Kekwaaru Ngozi Mary, has returned misplaced $70,000 to a customer in the state. It was gathered that the hotel official recovered the money from a bag left in the…
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The Central Bank of Nigeria has released the list of Bureau de Change dealers it approved. According to the fresh list published by the apex bank, the total number of approved BDC dealers were reduced to 2,991. The document titled…
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