Business Archives - Page 223 of 482

Business

CBN to sell $150m at Interbank Market

Kazeem Ugbodaga

9 years ago

Nigeria's central bank said on Tuesday it will sell $150 million in currency forwards on the interbank market through commercial…

Fire Guts Benin Shopping Mall

Jennifer Okundia

9 years ago

A fire gutted the POWA Plaza located on Etete Road in Benin on Monday evening destroying goods and properties worth…

Nigeria inflation drops to 17.78 percent

Kazeem Ugbodaga

9 years ago

Nigeria's inflation rate bucked the trend in February to fall to 17.78 percent, its lowest level in 15 months, driven…

Ethiopian Airlines Transports 960 Passengers Through Kaduna

Jennifer Okundia

9 years ago

The Ethiopian Airlines says it has transported over 960 passengers through Kaduna International Airport in the first six days of…

Nigeria’s government owes power distribution companies N59.3 billion

Kazeem Ugbodaga

9 years ago

Nigeria’s government Ministries, Departments and Agencies, MDAs, are owing power distribution companies, DisCos, a debt of N59.3 billion.

Ghost Workers: FG wants BVN in MFB to verify 27,000 police salary accounts

Kazeem Ugbodaga

9 years ago

The Federal Government has charged the Central Bank of Nigeria, CBN, to extend the Bank Verification Number (BVN) to account…

Small Scale Business Owners To Get N30bn Loan

Jennifer Okundia

9 years ago

No fewer than 30,000 small scale entrepreneurs in Sokoto State would benefit from a N30 billion loan under the Federal…

China Bird Flu Death Toll Rises To 161

Jennifer Okundia

9 years ago

China reported 61 fatalities and 160 cases of human infection from H7N9 bird flu in February, the government said on…

Delta Hotels To Pay Annual Fees – Commissioner

Jennifer Okundia

9 years ago

The Delta Government said on Monday it would take all necessary steps to ensure that hotels in the state paid…

Renewed Strike: 650 Flights Set To Be Cancelled

Jennifer Okundia

9 years ago

Airport officials on Monday said around 650 flights are set to be cancelled at Berlin’s two commercial airports, as about…

Nigeria’s foreign reserves hit $30 billion

Kazeem Ugbodaga

9 years ago

For the second time since President Muhammadu Buhari assumed office in May 2015, Nigeria’s foreign reserves have hit the $30…

Lagos has earmarked N30bn to phase out danfo buses-Ambode

Kazeem Ugbodaga

9 years ago

Lagos Sate Governor, Mr. Akinwunmi Ambode at the weekend said that the proposed Bus Reform Initiative aimed at giving Lagosians…

DotAfrica: Abuja Residents Commend AU

Jennifer Okundia

9 years ago

Some Abuja residents on Sunday said they were excited about the recent launch of DotAfrica (.Africa) by the African Union…

SMS: Lottery Commission Sets March Deadline For Operators

Jennifer Okundia

9 years ago

The National Lottery Regulatory Commission (NLRC) says it will stop giving promotional permit to operators who refuse to comply with…

ICAN Craves Change In Value System

Jennifer Okundia

9 years ago

The Institute of Chartered Accountants of Nigeria (ICAN) has declared its total support to the Federal Government’s war against corruption,…

Traditional Rulers Move Against Tree-Felling

Jennifer Okundia

9 years ago

Traditional rulers in Kaduna State on Saturday moved against indiscriminate felling of trees in rural areas. At the end of…

Commercial Banks To Cut Lending Rates

Jennifer Okundia

9 years ago

Tanzania’s Central Bank has asked commercial banks to consider lowering their lending rates to help spark credit growth in east…

NCC, CBN Halt Etisalat’s Takeover

Jennifer Okundia

9 years ago

The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have got reprieve for Etisalat on the loan…

African Airlines Recorded Best Safety Performance In 2016

Jennifer Okundia

9 years ago

The International Air Transport Association (IATA) on Friday said that Sub-Saharan Africa had its best safety performance within the last…

South African Taxi Drivers Protest Against Uber

Jennifer Okundia

9 years ago

Hundreds of South African taxi drivers on Friday blocked roads to Johannesburg airport, holding up thousands of travelers and causing…

Strike Causes Cancellation Of Over Hundred Flights

Jennifer Okundia

9 years ago

Hundreds of flights were cancelled at both of Berlin’s airports on Friday due to a strike by ground crew. A…

Naira gains against Dollars again

Kazeem Ugbodaga

9 years ago

The Nigerian currency exchanged at N462 to a dollar, after it closed at N465 on Wednesday, while the Pound Sterling…

Etisalat owes us N40bn – Access Bank

Kazeem Ugbodaga

9 years ago

Telecoms network operator Etisalat Nigeria, which is in talks with local banks on renegotiating the terms of a $1.2 billion…

NCC, CBN meet over Eisalat’s $1.2bn debt

Kazeem Ugbodaga

9 years ago

Nigeria's telecoms regulator met with the Central Bank of Nigeria, CBN, on Thursday over Etisasat's $1.2 billion debt and a…

Exxon to buy stake in gas block offshore Mozambique for $2.8 bn

Kazeem Ugbodaga

9 years ago

Exxon Mobil Corp said on Thursday it would buy a 25 percent stake in a natural gas-rich block, offshore Mozambique,…

No excuse for non-performance, Lagos tells public servants

Kazeem Ugbodaga

9 years ago

The Lagos State Government has told public servants under its employ that government will not take any excuse for non-performance…

Enugu Government Approves Recruitment Of 30 Graduates

Jennifer Okundia

9 years ago

Enugu State Government has approved the recruitment of additional 30 members of staff for the Board of Internal Revenue (BIR).…

Bauchi Government To Improve ICT Among Youths

Jennifer Okundia

9 years ago

The Bauchi State Government is to partner with the National Information Technology Development Agency (NITDA) to improve on the capacity…

Insecurity: FG To Resuscitate Immigration Surveillance Aircrafts

Jennifer Okundia

9 years ago

The Federal Government said it would refurbish three grounded Nigeria Immigration Service surveillance aircrafts to boost security at the nation’s…

Oil-rich Community Seeks Compensation

Jennifer Okundia

9 years ago

Land owners in petroleum exploration area of Alkaleri Local Government of Bauchi State have called on oil companies engaged in…

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