Business
Nigerian banks suspend foreign cash withdrawals with Naira cards
March 17, 2022
Nigerian banks suspend foreign cash withdrawals with Naira cards
Nigerian banks have suspended individual withdrawals with local debit cards abroad and toughened limits on online payments, bankers said on…
Ecobank leads as 10 Commercial Banks spend over N400bn on staff salaries, wages in 12 Months
March 17, 2022
Ecobank leads as 10 Commercial Banks spend over N400bn on staff salaries, wages in 12 Months
Working in the banking industry is a dream for many Nigerian graduates because they believe there is a lot of…
Nigerian govt to use $2.2bn from Eurobond money for fuel subsidy
March 17, 2022
Nigerian govt to use $2.2bn from Eurobond money for fuel subsidy
The Nigerian government will draw $2.2 billion from the Eurobond it issued last September, and add to the proceeds of…
National grid collapse: IBEDC alerts customers on cause of darkness
March 16, 2022
National grid collapse: IBEDC alerts customers on cause of darkness
The Ibadan Electricity Distribution Company (IBEDC) has announced that as a result of total system collapse of the national grid,…
Cautious optimism as NASS moves aviation to concurrent list
March 14, 2022
Cautious optimism as NASS moves aviation to concurrent list
Ongoing constitution amendment to move aviation from exclusive to concurrent legislative list has been received with cautious optimism in the…
Air cargo records marginal growth amid economic constraints
March 14, 2022
Air cargo records marginal growth amid economic constraints
The International Air Transport Association (IATA) has released data for global air cargo markets showing slower growth in January 2022.…
NPA opens first non-oil export processing terminal in Lagos
March 14, 2022
NPA opens first non-oil export processing terminal in Lagos
The Nigerian Ports Authority (NPA), on Friday, flagged off the first non-oil export processing terminal, situated in Ibeshe-Ikorodu, Lagos state.…
Charcoal in hot demand in Kogi, govt bans its mining
March 14, 2022
Charcoal in hot demand in Kogi, govt bans its mining
The sale of charcoal has become a lucrative business in Kogi due to its high demand as a result of…
Kwara residents groan, as yam prices shut-up by 50 per cent
March 14, 2022
Kwara residents groan, as yam prices shut-up by 50 per cent
By Mike Adeyemi Some residents of Kwara State have expressed concern over the rising cost of yam occasioned by the…
Fire guts building in Ilorin as victim recounts ordeal
February 21, 2022
Fire guts building in Ilorin as victim recounts ordeal
By Jimoh Sulyman Thursday is a day to forget for the residents of an ill-fated building at Kilanko area of…