Protesters in Abuja block CBN HQ
Protests have continued to gather momentum as protesters marched on the headquarters of the Central Bank of Nigeria (CBN) as early as 8am demanding implementation
Category : Businesses
CBN probes 71 for suspected forex deals
The Central Bank of Nigeria (CBN) has launched a massive investigation into foreign exchange transactions by 71 companies after preliminary reviews raised suspicions of possible
Local content: 5 teams to share $50,000 NOGTECH grant
An effort to deepen local content crystallized on Wednesday, as the Nigerian Oil and Gas Technology (NOGTECH) sponsored by the Nigerian Content Development and Monitoring
Garba Shehu under fire for tweet on petrol price under PDP
President Muhammadu Buhari’s spokesman Garba Shehu is under fire for attempting to justify the hike in prices of petrol and counter the criticism of the
CBN Rebukes NESG, Says Interventions Aimed at Stabilising Economy
Central Bank of Nigeria (CBN) yesterday insisted that its aggressive development finance activities since the outbreak of COVID-19 were aimed at stabilising the economy as
Taraba, FG to establish model ranch, livestock training centre
Taraba State government in collaboration with federal government will establish model ranch and training centre in the state in line with the State’s ‘Open Grazing
Govt disburses N5m to empower 500 women in Oyo
Federal Government has disbursed N5million as revolving loans to 500 women across the 33 local governments in Oyo State, to boost their businesses. The money
Budget support: IMF, World Bank conditions behind subsidy withdrawal, electricity tariff hike
The Federal Government’s removal of petrol subsidy and the increase in electricity tariff are in line with reforms being sought by the International Monetary Fund
CBN to sanction exporters for not repatriating forex
The Central Bank of Nigeria, in collaboration with the Bankers’ Committee, has threatened to impose heavy sanctions on exporters who failed to repatriate foreign exchange
Nigerian firm, Chinese partner, 69 others blacklisted by World Bank, AfDB
A Nigerian contracting firm, Oceanic Construction and Engineering Nigeria Limited, is among 71 companies and individuals listed in the latest 2020 list of companies debarred