A new Central Bank of Nigeria (CBN) policy seeks to limit over-the-counter cash withdrawals by individuals and corporate entities to N100,000 and N500,000 per week, respectively. In a circular issued by the CBN and seen by Peoples Gazette on Tuesday,…
Africa’s foremost philanthropist, Aliko Dangote has bagged a Lifetime Achievement Award from the Nigeria Employers Consultative Association (NECA), the umbrella body of employers in the Organised Private Sector in the country. It was indeed a night of honour for Dangote…
Alhaji Aliko Dangote, president, Dangote Industries Ltd. (DIL), has bagged a lifetime achievement award by the Nigeria Employers Consultative Association (NECA), the umbrella body of employers in the Organised Private Sector. DIL’s Group Chief Branding and Communications Officer, Mr Anthony…
Gov. Aminu Tambuwal of Sokoto State on Monday presented the proposed 2023 Appropriation Bill of N198.5 billion to the State House of Assembly. Tambuwal said the 2023 budget is in consonance with the existing budgetary standing and prevailing fiscal realities…
The Benue House of Assembly on Monday approved a request of 23 local government areas in the state to access an overdraft of N2 billion from Fidelity Bank Plc. The approval came after a letter of request by Gov. Samuel…
By Agunsoye Adenike The Lagos Chamber of Commerce and Industry has said Nigeria spent a whopping sum of N664.73billon on domestic debt servicing in second quarter of 2022. The President, LCCI, who said this at the LCCI 134th Annual General…
Afrinvest Asset Management has received short term rating of A3 and long-term rating of BBB from Global Credit Ratings (GCR). The company was also assigned the investment manager’s rating of A- by Agusto & Co. Speaking on Wednesday during a press…
The National Bureau of Statistics (NBS), said that prices of selected food items increased in October. This is according to the NBS Selected Food Prices Watch Report for October, released in Abuja on Wednesday. The report said that the average…
The Federal Executive Council (FEC) has approved the concession of Research and Development of Satellite Internet Broadband Project to ensure uninterrupted and high-speed fixed broadband internet penetration in Nigeria. This is contained in a statement signed by Manji Yarling, Acting…
By Seun Ibiyemi The Nigerian Ports Authority (NPA) has expressed the authority’s commitment to protection of lives and property within port facilities in the country. The NPA Managing Director, Mr Mohammed Bello-Koko, said this in a statement on Wednesday in…
