Business

NCAA, NAMA, FAAN demand N59.3bn debt payment from airlines

Aviation agencies in Nigeria have demanded the payment of N42.7 billion and $16.6 million (N7.13 billion) debt from domestic airlines.…

4 years ago

NNPC: Petrol importation’ll end by 2023

The Nigerian National Petroleum Company (NNPC Ltd.) has said the importation of Premium Motor Spirit, otherwise known as petrol, into…

4 years ago

Dangote to employ 30,000 youths, moves to tackle forex crisis

The President of Dangote Group, Aliko Dangote, has resolved to employ over 30,000 youths and significantly reduce the importation of…

4 years ago

Fidelity Bank gets CBN’s nod to acquire Union Bank UK

Fidelity Bank Plc has proposed to acquire 100% equity stake in Union Bank UK. The Central Bank of Nigeria (CBN)…

4 years ago

Access Corporation acquires First Guarantee Pension

Access Corporation has completed the acquisition of a majority equity stake in First Guarantee Pension Ltd. (FGPL). Access Corporation stated…

4 years ago

@19: Glo upgrades 4G-LTE, promises better services

Telecommunications giant, Globacom, has stated that it has been carrying out aggressive roll-out of network equipment and upgrade of its sites…

4 years ago

TAJBank targets N30bn capital base, N100bn Sukuk bond

Nigeria’s non-interest lender, TAJBank Limited, has concluded plans to begin the issuance of its N100 billion Sukuk bond. TAJBank’s Managing…

4 years ago

2023: FG targets N8.46trn revenue, to spend N19.76trn

The Federal Government is proposing to spend N19.76 trillion in 2023. The 2023 budget, however, had a proposed deficit of…

4 years ago

2023: FG budgets N3.36trn for six-month subsidy payment

The Federal Government has proposed to spend N3.36 trillion on fuel subsidy payment in 2023. Petrol subsidy would remain up…

4 years ago

Emefiele: CBN leading economic diversification from oil sector

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the CBN is leading the drive towards diversifying…

4 years ago

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