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Wednesday, September 4, 2024
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CHRISTOPHER BAJOWA EMERGES AS THE NEWS PRESIDENT OF PENSION FUND OPERATORS.

The Managing Director/Chief Executive Officer of FCMB Pension Limited, Christopher Bajowa has been elected as the new President of Pension Fund Operators Association of...

BUILDING COLLAPSE: SON CALLS FOR STRICTER REGULATION, INCREASED COLLABORATION TO ADDRESS CONSTRUCTION FAILURES.

  The Director General and Chief Executive of the Standards Organisation of Nigeria (SON) has reiterated the need for a comprehensive approach to building collapses...

REMITTANCE INFLOW :  CBN RECORD INCREASE OF US$553 MILLION FOR JULY 2024.

The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553 million in July 2024, a 130 per cent increase...

FOOD SECURITY: NCS RELEASES GUIDELINES FOR IMPLEMENTATION OF ZERO DUTY RATE ON SOME BASIC FOOD ITEMS.

Drawing from the Presidential directives aimed at alleviating the hardship faced by Nigerians due to high prices of essential food items  The Nigeria Customs Service...

GOODS PRICING: FCCPC BLAMES DISPROPORTIONATE PRICING OF IMPORTED GOODS AMONG RETAILERS FOR INFLATION .

The Federal Competition and Consumer Pricing Commission (FCCPC)  says,  disproportionate pricing of imported goods mostly among retailers is mostly responsible for inflation in consumer...

CBN RE-INTRODUCES PUBLICATION OF KEY ECONOMIC REPORTS.

The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and accountability in the Nigerian...

NDIC RELEASES UPDATE ON PAYMENT TO DEPOSITORS OF HERITAGE BANK (IN-LIQUIDATION).

Following the revocation of Heritage Bank’s banking license by the Central Bank of Nigeria (CBN) on June 3, 2024, the Nigeria Deposit Insurance Corporation...

CBN REAFFIRMS COMMITMENT TO PROVIDE LIQUIDITY SUPPORT TO FX MARKETS

 In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning of the foreign exchange market by...

CBN APPROVES FINANCIAL ACCOMMODATION FOR UNITY BANK AND PROVIDUS BANK MERGER.

The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and...

NAICOM UNVEILS NEW AGENTS LICENSING PORTAL

The National insurance commission has unveil a new licensing Portal for registration and renewal of the licences of insurance Agents. This is according to a...

CBN SELLS ANOTHER US$148 MILLION TO AUTHORISED DEALERS

The Central Bank of Nigeria (CBN) says it has   sold a cumulative amount of US$148,000,000.00 (One Hundred and Forty-Eight Million United States Dollars) to...

NIGERIA CUSTOMS PARTNERS WITH US CUSTOMS & BORDER PROTECTION TO COMBAT ILLICIT TRADE

The Nigeria Customs Service says its collaborating with the United States Customs and Border Protection Agency (CBP) on using Artificial Intelligence (AI) to curb...

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PETROLEUM SUPPLY: SITUATION ROOM COMMENDS DANGOTE OVER COMMENCEMENT OF PMS PRODUCTION.

PETROLEUM SUPPLY: SITUATION ROOM COMMENDS DANGOTE OVER COMMENCEMENT OF PMS PRODUCTION The Situation Room on Energy Sustainability, a coalition of civil society organizations, has commended the...

NAICOM SETS TO COLLABORATE WITH NIGERIA FACTORING WORKING GROUP TO ENHANCE  ECONOMIC GROWTH.

The commissioner for Insurance and chief executive officer of the National Insurance Commission (NAICOM), has pledged full support  for the development of factoring in...

MATAWALLE , CDS AND OTHER SERVICE CHIEFS TO STORM SOKOTO TO FLUSH OUT BANDITS IN THE  NORTH WEST.

The Honourable Minister of State for Defence Dr Bello Muhammed Matawalle   has expressed his sadness over the activities of terrorists and Bandits terrorizing sokoto,...

NIGERIA SIGNS MoU WITH ARAB REPUBLIC OF EGYPT ON DEFENCE INDUSTRY COOPERATION.

The Government of the Federal Republic of Nigeria and Arab Republic of Egypt have signed a Memorandum of Understanding to deepen defence industry  cooperation. The...