The Central Bank of Nigeria has issued a revised guide to drive financial inclusion Bank charge of N10 on transfers below N5,000 N25 for transfers between N5,000 to 50,000 N50 on transfers above 50,000 ATM bank charge revised to N35 from…
Cars45, a pan-African automotive trading platform, after success in Nigeria, has launched its car transaction business in Ghana ad Kenya. The end-to-end digitised customer journey for buying, selling and swapping cars in Africa, is Keen on being the go-to trade…
President Muhammadu Buhari has submitted the name of Muhammad M. Nami to replace Babatunde Fowler as the new Chairman of Federal Inland Revenue Service, FIRS. The tenure of Fowler expired on 9th December, 2019 , and he is expected to…
STATE HOUSE PRESS RELEASE NIGERIA, NETHERLANDS PLEDGE STRONGER PARTNERSHIPS ON TRADE, INVESTMENTS, SECURITY President Muhammadu Buhari and Prime Minister Mark Rutte met on Tuesday in Abuja to discuss bilateral relations and agreed that Nigeria and the Netherlands would continue to…
The Central Bank of Nigeria has made an upward review of the Loan to Deposit Ratio of Deposit Money Banks (DMBs) to 65% from the initial 60%. This was announced by the apex bank as it directed all banks to…
The Group Managing Director, GMD, of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari has disclosed the readiness of Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC), to make investment in Nigeria’s oil and gas sector value chain. Representatives…
Kenyan e-Logistics company, Lori, has officially announced its expansion to Nigeria in a bid to cement its footprint across Africa. The company, which is the largest eLogistics service provider in East Africa, launched in Kenya in 2016 to seamlessly connect…
Denis Muilenberg, the Chief Executive Officer of Boeing, has said that the company would not experience financial fallout following the grounding of its 737 Max plane. He also stated that the grounding of its 737 Max air craft will not…
The attack on Oil facilities in Saudi Arabia has left the Organisation of Petroleum Exporting countries (OPEC), with just 940,000 barrels per day of extra reserve to meet demand, Reuters said in a report Monday. According to the agency, Nigeria’s…
The Nigeria Extractive Industries Transparency Initiative has released the report on a pilot study that focuses exclusively and extensively on the sale of Nigeria’s share of crude oil and gas produced in 2017. The report titled “pilot study on commodity…
