NewsDirect

NewsDirect

Banks deposit with CBN drops by 38% in 2020

By Kayode Tokede Banks and Merchant Banks operating in Nigeria deposit with Central Bank of Nigeria (CBN) dropped by 38 per cent to N7.25trillion in 2020, our correspondent can report. However, in 2019, banks and merchant banks deposited N11.66trillion with…

Auto crash claims woman’s life on New Year’s eve

Abimbola Abatta, Osogbo A woman has been confirmed dead on the afternoon of New Year’s Eve in an auto crash that occurred along Gbongan-Ibadan Road, Ikire Axis, Osun State. It was also gathered that three children also sustained minor injuries…

LCCI urges NASS on PIB

The Lagos Chamber of Commerce and Industry (LCCI) has urged the National Assembly to ensure the passage of a competitive Petroleum Industry Bill (PIB) that would make Nigeria an investment destination of choice. Mr Muda Yusuf, Director General, LCCI, made…