Business

Currency-in-circulation drops to N1.668 trillion

The total value of currency-in-circulation in the country reduced by N269 billion year-on-year to N1.668trillion as of the end of March thisyear, down from the ...

Read More »

FBN Holdings pledges to recover non-performing loans as shareholders approve N8.9bn dividend

The Group Managing Director of FBN Holdings Plc, Mr. Urum Kalu Eke, yesterday said that the company would intensify efforts to recover all non-performing loans ...

Read More »

CBN releases N1bn SMEs fund to Niger State govt

The Central Bank of Nigeria (CBN), has released N1billion Naira Micro Small and Medium Enterprises Development Fund (MSMEDF) to Niger State Government, in North-Central Nigeria. ...

Read More »

Turkish Airlines unveils “Troia”-themed aircraft

Following the Republic of Turkey Ministry of Culture and Tourism announced 2018 as “The Year of Troia”, that coincides with the 20th anniversary of the ...

Read More »

Gemalto strengthens trust in smart energy with new end-to-end security solution

Gemalto, the world leader in digital security, is strengthening trust in the smart energy sector with an end-to-end security solution which protects the entire ecosystem. ...

Read More »

ADNOC announces $45bn investment plan to become leading global downstream player

The Abu Dhabi National Oil Company (ADNOC) om Monday unveiled plans to invest US $45 billion alongside partners, over the next five years, to become ...

Read More »

Heritage Bank, CBN, ICC brainstorm on global trade operation systems

Heritage Bank Plc, Nigeria’s most innovative banking service provider, has hosted the May 2018 edition of the bankinng technique and practice meeting of the International Chamber ...

Read More »

NCAA suspends First Nation Airways

The Nigerian Civil Aviation Authority (NCAA) has suspended the Air Operators Certificate (AOC) of First Nation Airways indefinitely. In a statement, the General Manager, Public ...

Read More »

CBN goes tough on banks over money laundering

The Central Bank of Nigeria (CBN) and the Office of the Attorney General of the Federation (OAGF) have approved new administrative sanctions regime against banks ...

Read More »

NNPC boosts gas supply by 88.89%

The Nigerian National Petroleum Corporation (NNPC) increased the supply of gas to the power sector by 88.89 per cent between January 2017 and January 2018. ...

Read More »