CBN Directs Switches to Stop Processing Local Currency Transfers into Dom Accounts
The Central Bank of Nigeria (CBN) has directed switches and processors to immediately cease all local currency transfers in respect to foreign remittances to through International Transfer Money Transfer Operators…
S.T SOAP: THE FALL OF A PROMISING INDIGENOUS BRAND
In 1979 Alhaji Safiriyu Tiamiyu started what is known today as S.T Soaps Limited with the sum of five thousand naira (#5000), expanding from the corridors of his home…
BREAKING… FEC Approves Reopening of 4 Land Borders
Federal Executive Council (FEC) has approved the reopening of four land borders with immediate effect, while others will be reopened subsequently. The Minister of Finance Budget and National Planning…
BREAKING… Senate Postpones Passage of 2021 Budget till Monday
The Senate on Wednesday deferred the passage of the 2021 budget till Monday next week. Senate President Ahmad Lawan who disclosed this at plenary, said the development followed new…
Tinubu: Let’s Take Unemployed Youths Off the Streets
The National Leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu, has advocated that comprehensive social protection measures must be put in place to remove unemployed youths from the…
World Bank’s, IMF’s loans to Nigeria in 2020 hit $11.465b
The World Bank and the International Monetary Fund (IMF) cumulatively extended about $11.465 billion credit to Nigeria this year, The Nation has gathered. The IMF in April released $3.4 billion…
Nigerian Businesses to Employ more People with Disabilities
Corporate giants Unilever, Diageo and Airtel have joined a new private-sector network that champions disability inclusion in the workplace. The Nigeria Business Disability Network [MF1] (NBDN) was launched at an…
LAGOS GOVT PARTNERS ECOBANK TO UPLIFT ARTISANAL FISHERIES VALUE CHAIN
The Lagos State Government has revealed plans to partner Ecobank Nigeria Plc for intervention in the fisheries value chain to enhance living standards in the artisanal fishing communities of…
Oyetola Emerges BusinessDay Governor of the Year 2020
Governor Adegboyega Oyetola of the State of Osun has emerged BusinessDay newspaper ‘Governor of the Year’ for 2020. According to the organisers of the award, Governor Oyetola’s emergence followed…
Niger Delta Militants Kick Against 2021 Budget, Vow to Cripple Economy
Militant groups from the nine states of the Niger Delta region, known as the Niger Delta Liberators, have again put on red alert the multinational oil companies operating in…