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,…
No sugar price increase during Ramadan – sugar refineries assure FG
In a commendable alignment with the Federal Government’s agenda for food security and economic stability, major sugar refineries across the nation have pledged to not increase sugar prices during the…
Trade minister unveils strategic initiatives for manufacturing sector
Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, commenced a tour of prominent manufacturing companies such as Dangote Sugar Refinery Plc, BUA Sugar Refinery Ltd, Flour Mills Limited, Bestaf…
Tinubu signs ₦28.7trn 2024 budget, directs MDAs to provide monthly performance reports
President Bola Tinubu has signed the 2024 Appropriation Bill into law in keeping with his avowed commitment to maintaining a timeous, predictable, and efficient budget cycle. Tinubu assented to the…