1. Home
  2. Business News

Category: Business News

BREAKING: CBN Governor, Godwin Emefiele, Announces That With The Release Of The New Naira Notes And To Ensure Nigeria Becomes A Cashless Society Like Other Developed Countries, The CBN “Will Restrain The Volume Of Cash Someone Will Withdraw Over The Counter”

BREAKING: CBN Governor, Godwin Emefiele, Announces That With The Release Of The New Naira Notes And To Ensure Nigeria Becomes A Cashless Society Like Other Developed Countries, The CBN “Will Restrain The Volume Of Cash Someone Will Withdraw Over The Counter”

The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has explained the features of the newly redesigned Naira notes, adding that, with the release, the CBN will be taking drastic steps to ensure…

Read More
PETROAN President Announces That The Ongoing Petrol Scarcity In The Country Under President Muhammadu Buhari Will Not End, “Until We Have Our Local Refining Capacity Improved, Efficient And In Consistent Production”

PETROAN President Announces That The Ongoing Petrol Scarcity In The Country Under President Muhammadu Buhari Will Not End, “Until We Have Our Local Refining Capacity Improved, Efficient And In Consistent Production”

The President of the Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, Billy Gillis-Harry, has said that the ongoing scarcity of petroleum products in the country, will continue to be an issue in Nigeria,…

Read More
NNPC GMD, Mele Kyari, Says Nobody Should Blame NNPC For The Smuggling And Round-Tripping Of Petroleum Products Under President Buhari’s Watch, Declares “You Will Continue To Have These Issues, Because It Is A Value Chain That Involves Everything And Everybody”

NNPC GMD, Mele Kyari, Says Nobody Should Blame NNPC For The Smuggling And Round-Tripping Of Petroleum Products Under President Buhari’s Watch, Declares “You Will Continue To Have These Issues, Because It Is A Value Chain That Involves Everything And Everybody”

The Group Managing Director, GMD, of the Nigerian National Petroleum Company Limited, NNPC, Mele Kyari, has stated that the Company cannot be blamed for the ongoing and incessant smuggling and round-tripping of petroleum products in…

Read More
BREAKING: NEDC Alerts Nigerians, Announces That The 2022 “Crisis Created By The Flood Has Led To Most Of The Farmlands That Will Be Cultivated In The North-East Destroyed. This Will Definitely Create A Huge Gap In Food Safety And Security”

BREAKING: NEDC Alerts Nigerians, Announces That The 2022 “Crisis Created By The Flood Has Led To Most Of The Farmlands That Will Be Cultivated In The North-East Destroyed. This Will Definitely Create A Huge Gap In Food Safety And Security”

The Managing Director of the North-East Development Commission, NEDC, Mohammed Alkali, on Tuesday, alerted Nigerians of a looming gap in food safety and food security in the country, due to the recent disastrous floods that…

Read More
BREAKING: CBN Governor Reveals That Due Process Did Not Require That He Informed The Minister Of Finance About The Urgent Plan To Re-Design The Naira Notes, Says The Management Of The CBN, In Line With Provisions Of The CBN Act 2007, Duly Sought And Obtained The Approval Of President Buhari

BREAKING: CBN Governor Reveals That Due Process Did Not Require That He Informed The Minister Of Finance About The Urgent Plan To Re-Design The Naira Notes, Says The Management Of The CBN, In Line With Provisions Of The CBN Act 2007, Duly Sought And Obtained The Approval Of President Buhari

The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has on Saturday, insisted that the Apex Bank followed the Law and due process, which did not include informing the Minister of Finance, Budget…

Read More
Prof. Kingsley Moghalu Hails CBN’s Move To Redesign Naira Notes, Says “This Is Also A Way To Withdraw Currency From Circulation, An Unorthodox Way Of Tightening The Money Supply, Since The Country Is Battling High Inflation”, Tackles The Time Window For Its Implementation, Suggests 90 Days At Least

Prof. Kingsley Moghalu Hails CBN’s Move To Redesign Naira Notes, Says “This Is Also A Way To Withdraw Currency From Circulation, An Unorthodox Way Of Tightening The Money Supply, Since The Country Is Battling High Inflation”, Tackles The Time Window For Its Implementation, Suggests 90 Days At Least

A former Deputy Governor of the Central Bank of Nigeria, CBN, Professor Kingsley Moghalu, on Friday, spoke on the pros and cons of the latest announced move by the CBN Governor, Godwin Emefiele, to release…

Read More
BREAKING: Nigerian Association Of Road Transport Owners, National Union Of Petroleum And Natural Gas Workers, And Petroleum Tanker Drivers, Immediately Suspend Planned Nationwide Strike, After NNPC’s Intervention, To Prevent The Economy From Total Collapse

BREAKING: Nigerian Association Of Road Transport Owners, National Union Of Petroleum And Natural Gas Workers, And Petroleum Tanker Drivers, Immediately Suspend Planned Nationwide Strike, After NNPC’s Intervention, To Prevent The Economy From Total Collapse

Emerging report indicates that the Nigerian Association of Road Transport Owners, NARTO, National Union of Petroleum and Natural Gas Workers, NUPENG, and the Petroleum Tanker Drivers, PTD, have suspended their planned strike, with immediate effect,…

Read More
President Buhari’s FG And Nigeria Labour Congress Exposed For Secretly And Quietly Negotiating, Approving, And Implementing An Increase In Electricity Tariff Nationwide, Amid The Fuel Crisis And Already High Cost Of Living In The Country

President Buhari’s FG And Nigeria Labour Congress Exposed For Secretly And Quietly Negotiating, Approving, And Implementing An Increase In Electricity Tariff Nationwide, Amid The Fuel Crisis And Already High Cost Of Living In The Country

The President Muhammadu Buhari Federal Government, has been exposed for working in hand with the Nigeria Labour Congress, NLC, to secretly increase electricity tariff in the country, Page 36 learnt. This was revealed by some…

Read More
Central Bank Of Nigeria Releases Important Information To Bank Customers On How To Take Action And File Complaints Against Their ‘Incompetent’ Commercial Banks, Microfinance Banks, Primary Mortgage Institutions, And Discount Houses

Central Bank Of Nigeria Releases Important Information To Bank Customers On How To Take Action And File Complaints Against Their ‘Incompetent’ Commercial Banks, Microfinance Banks, Primary Mortgage Institutions, And Discount Houses

The Central Bank of Nigeria, CBN, has on Monday, released a Guide for Bank Customers and others, on how and where they can lodge complaints against Financial Institutions in the country regulated by it, Page…

Read More
President Muhammadu Buhari’s Federal Government Announces That Very Soon Nigerians Will Be Paying A Whopping N1,000 For 1 Litre Of Petrol

President Muhammadu Buhari’s Federal Government Announces That Very Soon Nigerians Will Be Paying A Whopping N1,000 For 1 Litre Of Petrol

The Department of Petroleum Resources, DPR, has on Monday, said that the pump price of petrol may rise to N1,000 per litre very soon, when the subsidy regime comes to an end, without an alternative…

Read More