Day: January 20, 2023
Stock market closes week on negative note
The local bourse ended the last trading of the week on a negative note as the performance indices...
Banks to work on Saturdays for old notes collection — CBN
The Central Bank of Nigeria (CBN) says that banks would work on Saturdays to receive the old Naira...
Old Naira notes no longer acceptable in Borno border communities
Governor Babagana Zulum of Borno said that the old naira notes are no longer acceptable in many rural...
Community tasks SON on digitalised processes, operational efficiency
Members of the business community have urged the Standards Organisation of Nigeria (SON) to further digitalise its processes...
CBN threatens banks on new banknotes
The Central Bank of Nigeria (CBN) on Friday said that any commercial bank that failed to pay the...
11 African countries’ with GDP 6% or more— report
The 2023 Africa’s Macroeconomic Performance and Outlook has projected that 11 African countries will have a Gross Domestic...
EU fosters plan to grow Nigeria’s human capital
European businesses and the European Union (EU) Delegation to Nigeria have announced plans to step-up collaborations targeted at...
Fuel scarcity bites harder as MOMAN jerks pump price
There is no respite for Lagos residents over the lingering fuel scarcity as Major Oil Marketers Association of...
AfDB projects Africa’s GDP growth at 4% in 2023, 2024
The African Development Bank (AfDB), has projected Africa’s Gross Domestic Product (GDP) growth at about four per cent...
AEDC explains power outages
The Abuja Electricity Distribution Company (AEDC), has attributed the drop in power supply in its franchise areas to...
