Business
BREAKING: CBN sacks First Bank directors
Emma Ujah – Ajah This post was originally published on this site
Nigeria: CBN Reinstates First Bank MD
The Central Bank of Nigeria has reinstated Sola Adeduntan as MD/CEO of First Bank Nigeria. The CBN also sacked all directors and named new board members for both FBN and
Copper prices hit $10,000 for first time in a decade
The price of a tonne of copper exceeded $10,000 on Thursday for the first time since February 2011 thanks to strong demand in China and the weak dollar. The post
Glo, MTN others yet to implement FG’s directive on SIM activation registration – Investigation
MTN GLO By Peter Egwuatu Ten days after the Federal Government approved the resumption of sale and activation of new SIM, none of the telecommunications operators has obeyed the directive.
How CBN’s 120bn intervention is pushing power sector growth – Stakeholders
By Obas Esiedesa Stakeholders in the power sector have noted that the N120 billion investments by the Central Bank of Nigeria, CBN, would improve power supply across the country especially
Oil Market: Bonny Light price hits $65.85 per barrel after OPEC, Non-OPEC meeting
Bonny light By Udeme Akpan Barely 24 hours after the Organisation of Petroleum Exporting Countries, OPEC and Non-OPEC meeting, Tuesday, the price of Nigeria’s Bonny Light has risen to $65.85
Sanwo-Olu lauds Total/NNPC and Partners over Medical Oxygen Plant
Governor Babajide Sanwo-Olu of Lagos State. By Sebastine Obasi Residents of Lagos, Nigeria will no longer grapple with the dearth of medical oxygen in the wake of the COVID-19 pandemic,
Petrol: No remittance to FAAC in May after N111bn subsidy deduction – NNPC
By Obas Esiedesa The Nigerian National Petroleum Corporation has warned that it would not make any remittance to the Federation Account Allocation Committee in the month of May after spending
Agege International Trade fair: Organizers to host 550,000 participants in Lagos
Lagos Trade Fair complex By Olayinka Ajayi To help strengthen the economy of Lagos through Small, and Medium Enterprises, SMEs, organizers of the 2021 Agege International Trade Fair, have
Nigeria Grants Dangote Cement $54m Tax Credit
Nigeria’s Federal Inland Revenue Service (FIRS) has issued Dangote Cement Plc, tax credit certificates valued at N22.321 billion. The tax credit certificates were for the construction of Apapa-Oworonshoki-Ojota road in

