Indomie noodles appoints Chain Reactions as public relations consultant
Following about six months of credentials presentations by some of Nigeria’s leading public relations firms, Dufil Prima Foods Limited, makers of Indomie Instant Noodles, has announced the appointment of Chain…
FG denies reported plot to convert $30bn in domiciliary accounts to naira
The Federal Government has denied reported plans to convert foreign exchange in depositors’ domiciliary accounts to naira. On Saturday, sections of the media reported that the Federal Government had plans…
Abuja bakers increase bread price, cry over rising cost of materials
The Abuja chapter of the Association of Master Bakers and Caterers of Nigeria (AMBCN), says they will increase the price of bread in the capital. AMBCN said the upward review…
CBN concludes payment of ‘all verified FX claims’ by foreign airlines
The Central Bank of Nigeria (CBN) says it has concluded the payment of all verified foreign exchange (FX) claims by airlines with an additional $64.44 million paid to the concerned…
Nigerian youths talented, ready to compete globally – Tinubu tells MasterCard
President Bola Tinubu says Nigerian youths are vibrant, talented, eager to learn, and ready to compete globally. Speaking at a meeting with Ms. Reeta Roy, the President and Chief Executive…
Nigeria’s interventions in oil and gas sector to safeguard investment value – Tinubu
President Bola Tinubu says his administration will continue to provide the needed interventions in the oil and gas industry in line with the provisions of the Petroleum Industry Act (PIA).…
Tinubu seeks financing mechanism, equitable capital market access for developing countries
President Bola Tinubu has called for an equitable access to capital for developing countries, saying such will provide the much-needed resources for development, thus solving some of the most pressing…
Interconnection saga: NCC suspends MTN’s plan to disconnect Glo
The Nigerian Communications Commission (NCC) has suspended the disconnection of Globacom Limited (Glo) by MTN Nigeria over interconnection debt. In a statement on Thursday, the NCC said the decision was…
CBN replaces sacked Union, Polaris, Keystone bank CEOs
The Central Bank of Nigeria (CBN) has announced the appointment of new chief executive officers for Union, Keystone and Polaris banks following the sacking of the board of the companies.…
CBN sacks Union, Polaris, Keystone bank boards, management
The Central Bank of Nigeria (CBN) on Wednesday, dissolved the boards and management of Polaris, Union and Keystone Banks. In a statement signed by the apex bank's Hakama Sidi Ali,…
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