Business

Group commends FG on 50% transport fare rebate

The Association of Luxury Bus Owners of Nigeria (ALBON) has commended the Federal Government’s 50 per cent transport fare rebate for passengers traveling by road. In a statement the ALBON…

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CBN warns Banks, POS operators from hoarding cash

…….or face sanctions The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and Point of Sale (PoS) operators to stop disrupting the seamless distribution of Naira notes.…

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NCC to unveil strategic plan for telecom sector in January  

The Executive Vice-Chairman of the Nigerian Communication Commission (NCC), Dr Aminu Maida, says he will unveil a strategic plan for the telecommunication sector at the end of January 2024. Maida…

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MTN, others win at NGX Made of Africa Awards 

MTN Nigeria Communications Plc, VFD Group Plc, CardinalStone Securities and Chapel Hill Denham emerged winners at the Made of Africa Awards, organised by the Nigerian Exchange Ltd. (NGX). In his…

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NCDMB assures on capacity utilisation, patronage for service companies

The Nigerian Content Development and Monitoring Board (NCDMB) has assured that patronage and deployment of indigenous oil and gas service companies would remain of strategic importance to take advantage of…

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New NSIB DG Badeh assumes office, unveils vision

The new Director-General/Chief Executive Officer of the Nigerian Safety Investigation Bureau (NSIB), Captain Alex Badeh Jr, has disclosed that his vision is to build an agency that is defined by…

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Solid minerals sector is Nigeria’s ‘new  oil’, says business mogul

A business mogul and philanthropist, Abdulsalam Abdulkarim-Zaura, popularly known as AA Zaura, says  Nigeria’s solid mineral sector is a robust alternative to   crude oil for its economic growth and development.…

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Yuletide: Poultry farmers seek more govt intervention

The Poultry Association of Nigeria (PAN) has called for increased government intervention in the sector as it projects low sales of chicken during yuletide seasons. The PAN Lagos state chapter…

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Equity market declines by 0.09%, sheds N37bn

The Nigerian equity market ended its four-day gains as the performance indices declined by 0.09 per cent due to sell-off in Tier-one banking stocks. The market capitalisation closed with a…

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CIoD seeks Alake of Egbaland’s support for zonal hqters in Abeokuta

The Chartered Institute of Directors (CIoD) Nigeria on Wednesday,  sought the support of the Alake of Egbaland, Oba Adedotun Gbadebo , for a befitting zonal headquarters that would be sited…

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