CBN Pardons 8 Banks Earlier Banned From Foreign Exchange Market

The Central Bank of Nigeria (CBN) has pardoned eight banks it had earlier barred from taking part in Foreign Exchange Market for violating some...

Aero Contractors Suspends Operations, Asks Staff To Proceed On Leave

Aero Contractors Airline has announced the suspension of all its scheduled services indefinitely from Thursday even as it asked all its workers to proceed...

President Buhari Signs 2016 FCT Budget‎ Of N241 Billion

President Muhammadu Buhari has assented to the Federal Capital Territory (FCT) Appropriation Act, 2016 which was passed by the National Assembly some weeks ago. The...

Govt Priority On Agric, Mining Push Oil Into Background, Brighten Economy- Presidency

The Nigerian Presidency has said that the priority it had given to the agriculture and mining sectors has pushed oil sector on which the...

Nigeria’s Central Bank Licenses New International Money Transfer Operators

The Central Bank of Nigeria (CBN) has announced that it has licensed more International Money Transfer Operators (IMTOs) to operate in Nigeria. A statement by...

I Will Transform Nigeria Maritime Into World Class, Peterside Boasts

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has boasted about his Management's determination to make the...

We Are Removing Bottlenecks Stifling Business, Economic Activities In Nigeria – Buhari

President Muhammadu Buhari has assured investors in Nigeria and other countries that his government is determined to remove various bottlenecks that have been stiffling...

Nigeria Will Soon Export Excess Food Items, Buhari Assures

“We are very positive that soon we will be able to export these food products. We are also lucky that the farming season in...

Maritime Agency Disowns Views Of Its Staff

The Nigerian Maritime Administration and Safety Agency (NIMASA) has disowned a statement made by one of its staff, Momoh Alhassan, that the Agency is...

Nigeria’s Oil Producing States Get Over N12 Billion From Federal Allocation For July

The Oil Producing States have benefited a total sum of N12.874 billion as 13 percent derivation revenue from the Federation Account for the month...
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