The Federal Government will tomorrow unveil the Equipment Leasing Registration Authority (ELRA) as part of its current reform initiatives aimed at improving the performance of the nation’s economy. The authority’s Executive Chairman, Engr. Saidu Njidda, stated that the unveiling ceremony to be performed by Minister of Finance and Coordinating Minister of the Economy, Mr. Wale […]
…Restates Apex Bank’s Focus On Price Stability The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated that under his leadership, the bank will remain fully committed to price stability, one of the core components of its statutory mandate. Cardoso made this remark when he hosted a team from the Impact […]
…..As Newspaper Justifies Award On Lender’s Impressive Financials, Others TAJBank Limited, Nigeria’s fastest-growing and most customer-friendly non-interest lender, has again won the BusinessDay newspaper’s 2023 ‘Islamic Bank of the Year Award, beating other contenders in the selection process for the prestigious award for the third consecutive year. Presenting the award to the Bank’s management, represented […]
Multichoice Nigeria, the major Pay-Tv operator in the country, has announced another price upward price review across its DStv and GOtv packages by at least 19%, barely five months after it jacked up the prices which was vehemently opposed by millions of its subscribers nationwide. The latest increment of the prices is the second this […]
The Nigerian Exchange’s All-Share Index fell by 0.76% to close at 70,042.28 points on Thursday, halting past days of bullish run in the capital market. Following the bearish trend, investors lost N297 billion at the end of the trading session as the market capitalization dipped to N38.481 trillion. Analysts attributed the depreciation in the NGX […]
Leading cloud and network technology solutions provider, Layer3, has announced its partnership with the Internet eXchange Point of Nigeria (IXPN) to improve digital services in Abuja and Kano by providing improved access to Netflix and other online entertainment services. The partnership aligns with the increasing demand for high-quality streaming services and the essential need for […]
The Central Bank of Nigeria (CBN) on Thursday assured the public of adequate Naira notes in circulation, debunking the rumour on scarcity of the local currency being peddled in the social and other media platforms. The apex bank’s Director, Corporate Communications, Dr. Isa AbdulMumin, in a statement stated that the attention of the management had […]
The Nigeria Extractive Industries Transparency Initiative (NEITI) has reported that some oil companies and ministries, departments and agencies (MDAs) failed to remit over $8.3 billion into the Federation Account as required by extant financial regulations. The Executive Secretary of organization, Dr. Ogbonnaya Orji, made this disclosure in a detailed report on Nigeria’s extractive industry operations […]
The United States’ (US’) Securities and Exchange Commission (SEC) has issued a subpoena to PayPal concerning its stablecoin, PYUSD, as part of a crackdown on crypto. A subpoena is a legal order that requires a person or an entity to appear in the court, testify, or submit certain documentation needed for proceedings A news report […]
The International Labour Organization’s Governing Body has adopted a proposal to establish a Global Coalition For Social Justice as part of its efforts to mitigate the rising social injustices, particularly in the workplace, across the world. A statement issued by the ILO on Thursday indicates that the Global Coalition aims to generate increased political commitments and […]