Business

Naira begins new week on negative note

The Naira depreciated against the dollar on Monday, exchanging for N464 at the investors’ and exporters’ window. The rate represented a decrease of 0.36 per cent when compared to the…

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CBN unveils ‘SabiMONI’ platform to promote financial literacy, inclusion

The Central Bank of Nigeria (CBN), on Monday unveiled an e-learning platform, SabiMONI, to promote financial literacy and to deepen financial inclusion. Speaking at the ceremony, the CBN Governor, Mr…

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World Safety Day: NIMASA reiterates commitment to acceptable standards

The Nigerian Maritime Administration and Safety Agency (NIMASA) has expressed the agency’s commitment to achieving globally acceptable safety standards. The Director-General of NIMASA, Dr Bashir Jamoh, said this in Lagos…

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EFCC warns banks officers against sharp practices

The Economic and Financial Crimes Commission (EFCC) has warned financial institutions and compliance officers to be diligent and avoid being complicit in financial practices. The commission issued the warning during…

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Telecom operators to disconnect banks over N120bn USSD debt

Telecommunications Operators in Nigeria say they have been granted approval by the Nigerian Communications Commission (NCC) to disconnect banks over N120bn Unstructured Supplementary Service Data (USSD) debt. This was made…

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Buhari to inaugurate Dangote Refinery, petrochemical company May 22

Group Chief Branding and Communications Officer, Dangote Industries Ltd., Mr Anthony Chiejina, says the multi-billion Naira Dangote Refinery and Petrochemical company will be inaugurated in Lagos on May 22. Chiejina…

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NCC restates commitment to digital job creation for youths

In line with one of the pillars of the National Digital Economic Policy and Strategy, (NDEPS 2020-2030), which is to further accelerate economic growth in digital literacy and skills, the…

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Dala Inland Port begins operation, receives first container

The Managing Director, Dala Inland Dry Port (DIDP), Alhaji Ahmad Rabiu, says the port has started commercial operations as it received the first container. Rabiu said this during the formal…

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Court grants ARCON leave to serve summons on owners of Facebook

……….In N30bn suit A Federal High Court sitting in Abuja has granted the Advertising Regulatory Council of Nigeria (ARCON), leave to serve writ of summons on Meta Platform, social media…

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Heirs Insurance appoints new MD, changes name

Heirs Insurance Ltd., says it has changed  its name to Heirs General Insurance (HGI). It said its subsidiaries, Heirs Insurance Ltd. (HIL) and Heirs Life Assurance (HLA) also made appointments…

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