FCTA to partner NADDC on environmentally friendly public transportation
The Federal Capital Territory Administration (FCTA) will support the activities of the National Automotive Design and Development Council (NADDC) in…
‘CBN has no plan to convert dollar account holdings to naira’
The Central Bank of Nigeria (CBN) has dismissed the insinuations that it intends to convert the foreign exchange (FX) savings…
CBN set to begin disbursement of N30b revitalization fund to varsities – Ngige
The Central Bank of Nigeria (CBN) will from next week begin the disbursement of the N30 billion revitalisation fund set…
MTN Nigeria Records Improve Revenue Despite SIM Sales Ban
MTN Group’s Nigerian unit has reported a 27.6% increase in half-year earnings before interest, tax, depreciation and amortisation (Ebitda), despite…
What makes a digital bank
By Tauriq Keraan There is a frequent misconception in discussions around digital banks, namely that digital banks and traditional banks…
FG plans divestment policy to guide oil industry operators
The Federal Government, yesterday, dropped hints of plans to introduce a comprehensive divestment policy to guide operations in the oil…
Naira strengthens to 512/$1 as banks set up forex teller points
The naira appreciated against the dollar at the parallel market on Monday as deposit money banks (DMBs) set up foreign…
IGP Replaces Abba kyari with Tunji Disu as IRT Head
Usman Alkali Baba, the Inspector General of Police (IGP), has approved the posting of DCP Tunji Disu as the new…
IMF approves increased lending capacity by $650bn
The Board of Governors of the International Monetary Fund (IMF) on Monday gave the green light to increase the lending…
PDP Youth Leader Bags One Year Jail Sentence for Insulting Buhari, SGF
Ikamu Hamidu Kato, a Youth Leader of Adamawa state chapter of the Peoples Democratic Party, has been handed a one…