Deposit charge on cashless policy implementation anti MSMEs—MAN
…Says CBN acted without consultations The leadership of Manufacturers Association of Nigeria (MAN) has again, faulted sudden imposition of surcharge especially on cash deposits from N500,000, saying such unilateral policies will have negative impact on the Micro, Small and Medium…
NASS directs committees to drill seven IOCs over none remittance of over $21bn
The Nigerian Senate Wednesday, charged three key committees to review the activities of seven international oil companies (IOCs) operating in Nigeria over their official silence and refusal to remit about $21 billion to the national treasury. The resolution followed a…
Obiano earmarks only N6bn for construction of Cargo Airport in his last lap
Infrastructure financing experts have started picking holes on why upon the media campaigns mounted on the Anambra State International Cargo Airport at Umueri since the state governor, Chief Willie Obiano came into power about seven years ago; the first reasonable…
Dangote votes $20m for African Center to change continental narratives
As part of his drive to cause positive change on the battered African policy, business and culture narratives in the global community, Chairman, Aliko Dangote Foundation, Aliko Dangote has made a philanthropic donation of $20 million to The Africa Center…
CBN heeds Heritage Bank boss thought on identity crisis, plans BVN upgrade
Barely few days after the Managing Director of Heritage Bank, Mr Ifie Sekibo raised an issue of urgent identity security importance; the Central Bank of Nigeria (CBN) has opened up on upgrading security of Bank Verification Number (BVN). Director of…
Fibre cuts: Like Nigeria, like Ghana
Fibre cuts, one of the major challenges of quality of telecoms service in Nigeria has started rearing its ugly head in Ghana as latest statistics from the Ghana Chamber of Telecommunications (GCT) shows a record of 2,000 fibre cuts across…
Access Bank leads others to flag off CBN’s N22bn creative Nigeria project today
Pursuant to their plan to financially empower the Nigerian creative industry sub-sector, all is set for the inauguration of the Central Bank of Nigeria’s (CBN) N22bn strategic intervention fund in partnership with banks today in Lagos. Hint of today’s inauguration…
Ayade happy as FG issues business case certificate for deep seaport
Strong green light has emerged on the aspirations of the Cross River State Governor, Ben Ayade to develop a deep seaport in Calabar as soon as possible. This is coming on the backdrop of Monday’s issuance of a Business Case…
Gencos copies Buhari, Osinbajo petition to NERC, says 0.75% charge toxic
The crisis rocking the nation’s energy sector may be multiplying following the copying of a recent petition written by the body of power generation companies to the Presidency and other relevant agencies of government. The body had before the end…
Just in: Buhari abandons ‘Next Level,’ says ‘Change does not just happen’
…As leaders of though express discordant voices on Nigeria @59 More interpretations and reactions have continued to emerge from the October 1, 2019, presidential broadcast to the nation by President Muhammadu Buhari as Nigeria clocks 59 today. Whereas several listeners…
