Lagos State Governor, Mr. Babajide Sanwo-Olu, on Thursday, said the State Government will partner the Chartered Institute of Bankers of Nigeria (CIBN) to build youth capacity through the Human Development Capital Fund initiative of the institute. Governor Sanwo-Olu spoke during…
Dangote Cement has concluded plans to expand its production capacity through the construction of a new 6Mt integrated cement plant in Itori, Ogun State. According to the Group Managing Director, of Dangote Cement, Mr. Arvind Pathak, the new plant on…
By Seun Ibiyemi Nigeria has emerged as the seventh global liquefied natural gas (LNG) exporter in 2022, according to data from the International Gas Union (IGU). The World LNG report released by IGU on July 12 stated this fact. In…
By Ibiyemi Mathew Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in Naira to beneficiaries. Recall that the apex bank had stopped the RT200 programme and the Naira4dollar…
By Matthew Denis The Federal Government through the Debt Management Office (DMO) has redeemed a total of $500 million Eurobond on its due date on July 12, 2023. This was contained in a statement made available to Nigerian NewsDirect on Wednesday. The…
By Seun Ibiyemi The Ibadan Electricity Distribution Company (IBEDC) Plc. has announced upcoming upgrade of its Standard Transfer Specification (STS) prepaid meters to enhance efficiency that aligns with global standards. The upgrade known as Token Identification (TID) Rollover aims to…
The Federal Competition and Consumer Protection Commission (FCCPC) has warned digital lenders not to lend money to chronic borrowers. The Executive Vice Chairman of FCCPC, Babatunde Irukera, disclosed this during an Arise Television Interview monitored by Newsmen on Tuesday. Irukera…
The Chairman of Bayelsa State Traditional Rulers Council, His Royal Majesty Bubapraye Dakolo, said President Bola Ahmed Tinubu could end oil theft in two weeks. King Dakolo disclosed this on Wednesday in an Arise Television Interview monitored by Newsmen. He…
The Lagos Chamber of Commerce and Industry (LCCI) has commended the efforts of the Federal Government in formulating policies, national plans, and sectoral interventions toward creating an enabling environment for enhanced national prosperity. President, LCCI, Dr Michael Olawale-Cole in a statement…
…Urge banks to halt excess charges, illegal deduction By Seun Ibiyemi The House of Representatives has urged commercial banks in the country to stop excess charges and Illegal deductions from customers. This is even as it directed the Central Bank…
