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Business
Duty hike: Used vehicle imports fall by 40%
The Ports & Terminal Multipurpose Limited Command of the Nigeria Customs Service has said that the introduction of Vehicles Identification Number for clearing of imported vehicles led to a 40 per…
Avoid bank queues, visit PoS agents – CBN advises
Ahead of the January 31, 2023 dateline for the circulation of old N200, N500 and N1,000 notes, the Central Bank of Nigeria, has urged bank customers not to panic. CBN’s Director of Internal Audit…
DMO auctions 4 FGN bonds valued at N360bn
The Debt Management Office (DMO) has put four Federal Government of Nigeria (FGN) bonds worth N360 billion up for auction at N1,000 per unit. According to a DMO circular, the bonds on offer are the reopening…
Buhari will commission our Refinery before May – Dangote
The Dangote Group of Companies has reacted to what it called some misleading reports regarding the commissioning of Dangote Refinery during the present working visit of President Muhammadu…
Mafab rolls out 5G network services
One of the three companies that won the bid for the 5G 3.5GHz Spectrum licenses, Mafab Communications, has begun rolling out its services for Nigerians. The company, which unveiled the 5G…
Stamp duty collection stands at N370.686bn, not N89tr –CBN
Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Tuesday, revealed that the amount collected as stamp duty between 2016 and 2022 stands at N370.686 billion and not N89 trillion as…
Nobody Allowed To Build Bank Vaults At Home – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said that no Nigerian is licensed to build bank vaults at home. The CBN governor, who spoke after the apex bank’s Monetary Policy Committee…
Airtel Nigeria introduces eSIM to subscribers
Airtel Nigeria, a telecommunications company, on Tuesday, announced the launch of an eSIM (embedded SIM), a digital SIM that enables customers to access the same functionality as using a physical SIM. The eSIM…
BREAKING: We Won’t Shift Jan 31st Deadline Of Old Naira Notes – Emefiele
Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the CBN will not extend the January 31st deadline for the old naira notes. There have been calls from different quarters for the extension of…
BREAKING: CBN raises interest rate to 17.5%
The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy…
CBN May Withdraw, Re-Issue 6yrs Audited Accounts
Nigeria’s Central Bank may…
Naira: BVN Report Reveals 36m Unbanked Nigerians Unmoved By Deadline
……..‘Other banks’ debit card holders…
Cash swap: CBN bars Abuja, Lagos PoS operators
The Central Bank of Nigeria has excluded mobile money/Point of Sales agents in Abuja and Lagos from its newly launched cash swap programme, The PUNCH has learnt. The development came as the January 31…
NEW PRICE: Independent marketers sell fuel at N300 per litre
THE Federal Government’s decision to increase the pump price of premium motor spirit (petrol) by eight per cent has failed to ease supply challenges in the country, as independent marketers now sell the product…
Shobanjo, Ahmad, Awosika, Babaeko, others stimulate conversation at AT3 Resources’ one-week digital…
AT3 Resources, Lagos-based communication and…
Excitement As Buhari Commissions $1.5 Billion Lekki Deep Seaport
It was excitement galore on Monday when…
FIRS Sets Revenue Record, Collected N10.1tr In 2022
The Federal Inland Revenue Service (FIRS) has stated…
Otedola’s Daughter Named Ambassador Of Fintech Start-Up
Nollywood actress, Temi Otedola, popularly known as Temi, has been named ambassador of Nigeria’s fintech start-up, Bamboo. The endorsement is coming months after the release of her film, The Man for the Job, in…
Forex Inflow Into I & E Window Jumps 87.7% To $1.85bn In December
Foreign exchange (forex) inflows into the Investors…
Petrol may hit N800/litre on subsidy removal – Marketers
As the scarcity of the Premium of Motor Spirit, popularly called…
MTN Nigeria is set to allot incentive shares to qualified shareholders
MTN Nigeria Plc has announced the…
Cash swap programme takes off nationwide, one week to deadline
A new programme intended…
New Naira Notes: Anxiety As Deadline looms
With barely eight days to the January 31st deadline of the phasing outing of old naira…