Business

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Business

Nigeria’s FX reserves hit $41.3bn in August

By Chinwendu Obienyi   Nigeria’s foreign exchange reserves ended August higher, rising to $41.3bn as improved oil receipts, a moderation in demand pressures...

Business

CBN cracks down on criminal networks with PoS geo-tagging order

By Chinwendu Obienyi Last week, the Central Bank of Nigeria (CBN) rolled out a new directive requiring all Point of Sale (PoS) terminals...

Business

CAC defers new fees to October for smooth rollout

The Corporate Affairs Commission (CAC) has once again pushed back the implementation of its revised service fees, setting a new date of October...

Business

Nigeria, Brazil Central Banks deepen financial ties

The Central Bank of Nigeria (CBN) and the Banco Central do Brasil are moving to deepen financial and economic cooperation following high-level talks...

Business

GTCO grows GTBank’s funds to N504bn

Guaranty Trust Holding Company Plc (GTCO) has boosted the financial strength of its banking arm, Guaranty Trust Bank Limited (GTBank), by raising its...

Business

OGTAN to recognise excellence at HCD Awards

By Adewale Sanyaolu   The Oil and Gas Trainers Association of Nigeria (OGTAN), has concluded plans to confer recognitions and honour outstanding energy...

Business

Heirs Energies CEO tasks stakeholders to ramp up oil production,

By Adewale Sanyaolu The Chief Executive Officer of Heirs Energies Limited, Osayande Igiehon, has urged the oil industry to shift its focus from...

Business

Nigeria now exporting fabrication services abroad –NCDMB

By Adewale Sanyaolu   The Nigerian Content Development and Monitoring Board (NCDMB) has revealed that Nigeria is now exporting fabrication services to the...