Category Archives: Business

REVEALED: Six Money-Saving Tips For Real Financial Breakthrough

There are a number of money-savings tips and techniques you can use to grow the balance in your bank accounts. These are applicable to the accounts you may have, whether savings or current.

”It Is Not True That We Allocates Dollars”- Central Bank

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The Central Bank of Nigeria (CBN) has denied reports from some quarters that it allocates dollars unilaterally.
A statement by Mr Isaac Okoroafor, Acting Director, Corporate Communications on Saturday in Abuja, decried the way some Nigerians disparaged those in leadership.

FRSC To Raise Driver’s Licence, Number Plate’s Fees – Oyeyemi

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The Corps Marshall of the Federal Road Safety Corps (FRSC), Boboye Oyeyemi, has cried out to the Joint Tax Board (JTB) to facilitate the payment of over N700 million owed it by various states in the country.

Fuel Imports Gulp N958.3 Billion In Five Months

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Nigeria spent N958.3 billion importing Premium Motor Spirit (PMS), also known as petrol, in five months. The amount could build five 20,000-barrels-per-day mini refineries, industry experts, who argued that one of such refineries would cost government between $75 million and $250 million, said yesterday.

GE Invests $2bn In Facility Devt

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Multinational conglomerate, GE, yesterday, announced it would invest $2 billion in facility development, skills training and sustainability initiatives across Africa by 2018.

Government Needs $20b To Revive Economy – Dangote

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The Federal Government requires up to $20 billion in fresh funds to revive the economy from recession, the President, Dangote Group, Aliko Dangote, has said.

Wema Bank Releases N221m To Lagos Judiciary For New Archive And Probate Registry

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Wema Bank Plc. has granted Lagos Archives and Property Litigation Registry (LAPLR) a project finance facility of N201 million.

FG Releases N3.9tr To MDAs –Finance Minister

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Finance Minister, Mrs. Kemi Adeosun, has said that at the end of September, N3.9 trillion out of the N6.1 trillion budgeted for the year has been released.

Naira Gains, Now Exchanging For 468/$1

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The naira appreciated against the dollar at the parallel market on Tuesday, closing at N468 to a dollar.

Indigenous Business In Nigeria More Difficult Compared With Other Places In Africa – C.E.O. Nestoil

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The Federal Government and governments at all levels has been accused of not supporting businesses in the country and of stifling local content in the country.

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