CBN Removes Cash Pooling Requirement For IOCs
THE Central Bank of Nigeria (CBN) has removed the Cash Pool requirement for export proceeds of International Oil Companies (IOCs). The decision was conveyed in...
Stock Investors Reap N26.5trn In April, Market Cap Hits N155.7trn
The Nigerian stock market ended April 2026 on a bullish note last week, as strong buying momentum across key sectors lifted the performance indicators of...
AEDC New Board, Interim Management Team Assume Office
The new board and interim management of Abuja Electricity Distribution Company has assumed office. The board is made up of Victor Osadolor as Chairman. Osadolor is...
NFEM Records Dollar Strengthening Against Naira At Exchange Rate Today
The Nigerian Foreign Exchange Market (NFEM) recorded a strengthening of the Naira against the US Dollar on October 28, 2025, while the parallel market...
Sterling Bank’s Zero Transfer Fees Policy Saves Nigerians Over N2bn
One year after breaking away from traditional banking charges, Sterling Bank has announced that its Zero Transfer Fees policy has returned more than N2...
ANAN Abuja Chairman, Omoniyi Felicitates With Oduwa Izekor On Investiture As ICAN Abuja, District Society Chairman
The Chairman Association of National Accountants of Nigeria, ANAN FCT 1, Abuja, Wahab Shina Omoniyi, FCNA has congratulated Mr. Oduwa Joseph Izekor FCA on his investiture as the Institute of Chartered Accountants of Nigeria, ICAN Abuja and District S...
Ikpeazu Vows To Complete Enyimba City Garment Industry This Year
Abia State Governor, Dr. Okezie Ikpeazu on Friday performed the ground-breaking ceremony for the construction of the Aba Leather And Garment Industrial Cluster and...
Tinubu Assures Business-Friendly Economy As Coca-Cola Announces $1bn Investment In Nigeria
President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct...
Nigerians May Buy One Litre Of Fuel For N340 In 2022 If… Kyari
Mele Kyari, the Managing Director of the Nigerian National Petroleum Corporation (NNPC), on Tuesday said that subsidy would have been eliminated in 2020 but...
Togo, Benin Yet To Remit $14m Electricity Bill Owed To Nigeria — FG
None of the four international bilateral customers being supplied by the power generation companies in the Nigerian electricity supply industry made payment against the...
