Business
FG, BOI disburse N23bn to 29 companies to drive manufacturing sector
The Bank of Industry (BOI) said it has disbursed N22.89 billion to 29 manufacturers under the Federal Government’s N75 billion Manufacturing Sector Intervention Fund.
Olasupo...
Business
150,000b/d second Port Harcourt refinery to become operational soon — Presidency
The Presidency has assured that the second 150,000 barrels per day plant of the Port Harcourt Refining Company in Rivers State will soon become...
Business
South-South senators back tax reform bills
Senators from the South-South geopolitical zone of Nigeria have expressed support for the Tax Reform Bills presented to the National Assembly by President Bola...
Business
Senate sets up committee to review tax reform bills with AGF
The Senate on Wednesday set up a committee to to review the controversial Tax Reform Bills that are before the National Assembly.
The Committee which...
Business
Port Harcourt refinery yet to begin bulk sales, says NNPCL
The Nigeria National Petroleum Company Limited (NNPCL) says the Port Harcourt Refining Company (PHRC) has not yet commenced bulk sales or opened its purchase...
Business
UBA to begin banking operations in France
United Bank for Africa has signed a deal to commence full banking operations in France.
In a statement late Thursday, the banking group said the...
Business
Reps to summon CBN, banks over unverified POS operators
The House of Representatives on Wednesday resolved to invite the Governor of the Central Bank of Nigeria, Olayemi Cardoso, and the Chief Executive Officers...
Business
CBN fixes $100,000 minimum trade for banks on forex platform
The Central Bank of Nigeria has set a minimum trade value of $100,000 for interbank foreign exchange trading via the Electronic Foreign Exchange Matching...