Thursday, July 16, 2020
The relationship between the Ministry of Labour and the National Assembly worsened on Wednesday when the representative of the Minister of Labour, Chris Ngige, clashed with members of the Senate Committee on Banking, Insurance, and other Financial Institutions, at a public hearing…Read more.
MTN Nigeria Plc has commenced the trial of embedded SIM services on its network as part of its drive to lead digital transformation, and improve customer experience and quality of service…Read more.
The Nigerian National Petroleum Corporation lost N30.81bn in April 2020, representing over 200 per cent increase in its operating deficit, latest figures from the oil firm showed on Wednesday…Read more.
The Central Bank of Nigeria on Wednesday asked the National Assembly to review all financial penalties and fines upwards in order to align with current realities…Read more.
The Nigerian stock market is gradually adjusting to the reality of highly anticipated weak second-quarter (Q2) earnings of listed companies. From a fundamental perspective, July is an earnings reporting month that captures the financial performance…Read more.
Electricity consumers in the port city of Apapa in the heart of Lagos, Nigeria’s commercial capital, and its environs will suffer power supply disruption for some time to come as the 30MVA transformer…Read more.
To reward consumers and improve the livelihoods of its consumers around Nigeria, Dangote Cement plc Wednesday unveiled plans to produce an astonishing nine millionaires daily in its new Spell and Win “Bag of Goodies 2” consumer promo…Read more.
The Nigerian aviation industry on a monthly basis loses about N30 billion over the continued closure of the international airspace due to the coronavirus pandemic…Read more.
The Central Bank of Nigeria (CBN), has unveiled guidelines for non-interest Financial Institutions under its Agri-Business, Small and Medium Enterprise Investment Scheme (AGSMEIS), and Micro, Small and Medium Enterprises Development Fund (MSMEDF)…Read more.
Although the working situation seems to be improving with the easing of the lockdown, Nigerian workers and consumers still face challenges in all sectors of the economy, the second round of the COVID-19 National Longitudinal Phone survey (COVID-19 NLPS)…Read more.
The Nigerian Export-Import Bank (NEXIM) has refuted allegations that it mismanaged a N50 billion-Central Bank of Nigeria (CBN) Export Development Fund (EDF)…Read more.
Following the implementation of the EU General Data Protection Regulation (GDPR) law coupled with the Nigeria Data Protection Regulation policy put together by the National Information Technology Development Agency (NITDA)…Read more.
Nigeria’s former Minister of Finance and frontrunner for the post of Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has declared her plan to lead a global trade organisation that would bring about shared prosperity to all members…Read more.
The Central Bank of Nigeria, CBN, has requested statutory powers to freeze accounts linked to criminals in the country. The apex bank also called for the creation of a Credit Tribunal to strengthen credit recovery processes and enforcement of collateral rights…Read more.
The Organisation of Petroleum Exporting Countries, OPEC, has put the conformity level of OPEC and non-OPEC members at 107 per cent, thus raising hope for market stability…Read more.