CBN, Bankers’ Committee approve support for Airlines
The Central Bank of Nigeria (CBN) and the Bankers’ Committee have resolved to extend special facilities to Nigerian-registered airlines and the media industry in...
NSE lists CHI’s additional 2.03bn shares
The Nigerian Stock Exchange (NSE) has listed an additional 2.03 billion ordinary shares of Consolidated Hallmark Insurance Plc on the daily official list.
The NSE,...
NIPOST role as regulator and operator is unfair- LCCI
The Lagos Chamber of Commerce and Industry has described the dual role of the Nigerian Postal Service (NIPOST) as a regulator and operator of...
COVID-19: Oyo grants tax relief packages to businesses
The Oyo State Government has announced tax relief packages for private and corporate businesses in the state to cushion the impact of the COVID-19...
LIRS begins implementation of COVID-19 reliefs
The Lagos State Internal Revenue Service (LIRS) has announced that it has commenced the implementation of reliefs to ease the impact of the COVID-19...
Dangote $2bn fertilizer plant ready by 2021
Dangote Group’s fertilizer $2bn plant will be ready for commercial production next year, according to Saipem SpA, the builders.
The plant located in Lagos and...
CBN bans forex for importation of maize/corn
The Central Bank of Nigeria (CBN) has directed foreign exchange dealers to stop processing ‘Forms M’ for the importation of maize in order to...
CBN issues new guidelines, to monitor loan defaulters
The Central Bank of Nigeria (CBN) on Monday published guidelines aimed at reducing non-performing loans in the banking sector and monitoring chronic loan defaulters.
The...
Oil, power firms owe banks N5.59tn- CBN
A sectoral analysis of banks’ credit by the Central Bank of Nigeria has revealed that energy firms in the country owe Nigerian banks a...
Chike-Obi is new Fidelity Bank Chairman
Fidelity Bank Plc has announced that two of its Board members: Mr. Ernest Ebi (MFR) who has been serving as Chairman, Board of Directors...
