Two years after, CBN jack up interest rate to 13%

By Ossom Raphael The Central Bank of Nigeria’s Monetary Policy Committee has jacked up benchmark interest to 13 per cent, 150 basis points above the previous rate. It is the first change since September 2020. Addressing journalists on Tuesday after the committee’s142nd and third meeting for the year at the CBN headquarters in Abuja, CBN,... Read More

Business

ECOWAS Trade Promotion Organisation members re-elects Dr. Ezra, as president

Dr. Ezra Yakusak, the Executive Director/CEO of Nigerian Export Promotion Council (NEPC), has been reelected as the President of ECOWAS Trade Promotion Organisations (TPOs) Network in Accra Ghana. Dr. Yakusat, will serve another One-year tenure and will lead 15 other member ECOWAS countries in driving trade within the sub-region. His re-election is also in line... Read More

Africa News, Business, Nigeria News

Numeracy support to boost maths skills for all the family

Numeracy support to boost maths skills for all the family New online quiz launched to help adults improve numeracy skills Comes ahead of the rollout of the government’s Multiply programme this autumn, which will level up opportunities to secure good jobs and grow the economy Part of government commitment to level up education and support lifelong learning Adults... Read More

Breaking News, Business, community, Education

Nigeria 2023: Dr. Akinwumi Adesina of AfdB is focused on the economic issues as groups paid N100 million

Many media houses have been broadcasting about Dr. Akinwumi Adesina, the President of African Development Bank (AFDB), may join the Nigeria’s 2023 presidential race on the platform of the All Progressives Congress (APC). Dr. Adesina, was a former Minister of Agriculture, and the first Nigerian to occupy the top job at the development finance... Read More

Breaking News, Business, World News

Nigeria’s Oldest, Largest & Successful Bank Grows Profit by 75%

One of Africa’s and surely Nigeria’s oldest, largest and most successful financial institution, The Bank of Industry Limited (BOI) has broken another record in the season of global challenges. For a bank that in 2001 was reconstructed out of the Nigerian Industrial Development Bank (NIDB) Limited, in 1964 with an authorized share capital of 2... Read More

Africa News, Breaking News, Business, Featured, World News

DEBT RECOVERY: FCTA To Seal-Up Government Offices, Hotels over N10 Billion Waste Collection Debts.

By Festus Fifen. Ahead of resumption of work after the Easter holidays, The Federal Capital Territory Administration FCTA has concluded plans to seal some government offices, hotels, plazas and other business premises due to debts owed to the Abuja Environmental Protection Board (AEPB) to the tune of 10 Billion Naira. Recently the FCTA Permanent Secretary,... Read More

Africa News, Breaking News, Business, Business, community, Nigeria Capital, Nigeria News

NDIC to deploy SCV to MFBs to fast track depositor reimbursement

The Nigeria Deposit Insurance Corporation (NDIC) said it has developed a Single Customer View (SCV) platform to be deployed to microfinance banks (MFBs) to eliminate delays often experienced in reimbursing depositors following revocation of failed MFBs licences by the Central Bank of Nigeria (CBN). Managing Director/Chief Executive of the Corporation, Mr. Bello Hassan disclosed this... Read More

Business

Nigeria Government Approves N35 billion for Aviation Developments

The Nigerian government at their Federal Executive Council, FEC, yesterday has approved N35 billion for various projects in the aviation sector. Senator Hadi Sirika, Minister of Aviation, speaks to the media that the approval are towards terminal buildings at Asaba and Akanu Ibiam International Airport in Enugu State. Out of the approval, is the sum... Read More

Breaking News, Business, community, Transport, World News

Diaspora: African Free Trade Secretariat hosts Africa’s 6th Region

The African Continental Free Trade secretariat in Accra, Ghana was a centre of ceremony of international dimension with the attendance of African’s 6th region executives led by the the original instigator of the Sixth Region Ambassador Erieka Bennet of Diaspora Africa Forum. Within the African Union, there are 6 regions: Central Africa, East Africa, North... Read More

Breaking News, Business, community, Technology, World News

Nigeria Air Applies for air transport carrier licence

As the global transportation industry continue to revitalise and gather pace, the Nigeria Air Limited, accordingly has applied to the Nigerian Civil Aviation Authority (NCAA) for a licence. The licence is to operate scheduled and non-scheduled passenger and cargo services. THE INFORMATION READS: “This is to inform the general public that Messrs Nigeria Air... Read More

Africa News, Breaking News, Business, World News

Two years after, CBN jack up interest rate to 13%

ECOWAS Trade Promotion Organisation members re-elects Dr. Ezra, as president

Numeracy support to boost maths skills for all the family

Nigeria 2023: Dr. Akinwumi Adesina of AfdB is focused on the economic issues as groups paid N100 million

Nigeria’s Oldest, Largest & Successful Bank Grows Profit by 75%

DEBT RECOVERY: FCTA To Seal-Up Government Offices, Hotels over N10 Billion Waste Collection Debts.

NDIC to deploy SCV to MFBs to fast track depositor reimbursement

Nigeria Government Approves N35 billion for Aviation Developments

Diaspora: African Free Trade Secretariat hosts Africa’s 6th Region

Nigeria Air Applies for air transport carrier licence

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