BUSINESS
Abuja Bureau De Change Operators Shut Operations As Dollar Scarcity Worsens
Bureau De Change operators have announced shut down of operations in Abuja as a result of unavailability of dollars, reports the Daily Trust This was...
Miners Owing FG N2tn, Says Minister
The Minister of Solid Minerals Development, Dele Alake, has disclosed that miners and operators owe the federal government more than N2 trillion. He however noted...
Fake News: No Plans To Convert $30bn Domiciliary Deposits To Naira – CBN
The Central Bank of Nigeria (CBN) has denied planning to convert $30bn domiciliary deposits to naira. There had been reports that in a bid to rescue...
CBN Headquarters Overcrowded, Cardoso Defends Relocation Of Some Departments To Lagos
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has defended the apex bank’s decision to relocate some of its departments to Lagos. Cardoso...
Customs Launches New Platform To Increase Trade
Determined to ensure trade facilitation, the Nigeria Customs Service, on Thursday, launched its Trade Release Study. Speaking during the launch in Ikeja, the Comptroller General...
Online Registration Now Mandatory For Regulated Port Service Providers/Users – NSC
The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council (NSC), Pius Akutah, has announced that all service providers and users are required to...
NUPRC Explains Transfer Of 200 Staff To Lagos
The Nigerian Upstream Regulatory Commission (NUPRC) has said it transferred 200 of its staff to Lagos in the interest of the nation. The Chief Executive...
FCCPC Seals Abuja Sahad Stores Over Pricing
The Federal Competition and Consumer Protection Commission (FCCPC) has sealed the Sahad Stores Supermarket in Abuja for price gouging. Price gouging is the practice of...
FG Summons Cement Manufacturers Over Increasing Cost
The Minister of Works, David Umahi, has summoned prominent cement manufacturers to a meeting over the rising cost of cement. He expressed worry that, despite...
Bag Of Cement Price To Drop To N7000
Cement manufacturers have agreed to bring down the price of the product to between N7,000 and N8,000 per 50kg depending on the location nationwide. During...
