Extension of CBN currency swap: 10 things to know
On the extension of its ongoing currency swap, CBN, the Central Bank reiterated a shocking disclosure about cash circulating outside banks.
Aba Power shares meters to Abia consumers
Aba Power Ltd, Nigeria’s newest electricity distribution company, shares electricity meters to its Abia State customers.
Why Buhari approved redesign of Naira notes
President Muhammadu Buhari today gave five reasons why he approved redesign of Naira notes as he launched the new notes.
more Business updates
Why CBN is replacing Naira banknotes in 2022
Currency hoarding, degradation, and counterfeiting are three reasons why CBN is replacing Naira banknotes in 100, 200, 500 and 1,000 denominations.
Pay diaspora remittances in dollar, CBN warns banks
Central Bank (CBN) warns banks and other operators to pay foreign funds transfers to their owners in dollar or face sanctions.
Oil vessel explosion and fire: 3 rescued alive
Rescue workers fish out three of 10 crew members caught in last week’s oil vessel explosion and fire at Ukpokiti Terminal.
Nigerian oil vessel on fire with 10 crew aboard
Shebah Exploration and Production Company Ltd reports its Nigerian oil vessel on fire at the Ukpokiti Terminal, near Escravos on the Lagos Coast.
Anambra joins oil states as Buhari approves status
Anambra joins league of oil bearing states, following a presidential approval conveyed to Gov. Willie Obiano yesterday, 8 September 2021
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business policy
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investments
Geometric Power Appoints CEO for generation
Geometric Power, Nigeria’s first private integrated power company, appoints veteran power engineer Ben Caven as CEO of its generation arm.
European companies to recruit skilled labour from Enugu
Ten European companies will on 8 November launch a youth programme in Enugu to train, empower and recruit skilled labour. – Launch Skills Acquisition Programme- Establish European Business Park, and- Entrepreneurship Promotion Centre The private sector partners are collaborating with Godfrey Okoye University, Enugu on an integrated project that benefits them, the youths, and Nigerian…
7 ways to buy land in Enugu City
Jide Courage bursts the myth that it is difficult for non-indigenes to buy land in the South East by showing the many ways that other Nigerians can buy and have been buying land and house in Enugu.
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