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Category: Business

Business Economy headline

CBN pegs minimum capital base for Banks at ₦500bn

Iheanyi Ejiofor March 29, 2024 No Comments #Bank recapitalisation#CBN

Our reporter/ The Central Bank of Nigeria (CBN) on Thursday unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at ₦500…

Read More CBN pegs minimum capital base for Banks at ₦500bn
Business Economy headline

FG to arraign Binance, others for tax evasion April 4

Iheanyi Ejiofor March 28, 2024 No Comments #Biance

The federal government will on April 4 arraign Binance Holdings Limited and its two top officials, Tigran Gambaryan and fleeing Nadeem Anjarwalla, on allegations bordering on tax evasion. On Thursday,…

Read More FG to arraign Binance, others for tax evasion April 4
Business Economy

NNPC Retail Ltd deny price adjustment rumours

Iheanyi Ejiofor March 27, 2024 No Comments #NNPC

Our reporter/ The Nigeria National Petroleum Company Ltd has denied reports of price adjustment for Premium Motor Spirit and Automotive Gas Oil (Diesel) at its retail stations nationwide. In a…

Read More NNPC Retail Ltd deny price adjustment rumours
Business Economy Features

Report: Dangote oil refinery could accelerate European sector’s decline

Iheanyi Ejiofor March 27, 2024 No Comments #Dangote refinery

Nigeria’s giant Dangote oil refinery could bring to an end a decades-long gasoline trade from Europe to Africa worth $17 billion a year, heaping pressure on European refineries already at…

Read More Report: Dangote oil refinery could accelerate European sector’s decline
Business Economy

Palliatives: Dangote donates 80,000 bags of rice to Lagos residents

Iheanyi Ejiofor March 27, 2024 No Comments #Dangote#palliatives

… Sanwo-Olu says Dangote prioritize Nigerians’ welfare above profit   The Aliko Dangote Foundation, (ADF) has flagged off the distribution of 80,000 10kg bags of rice to the vulnerable in…

Read More Palliatives: Dangote donates 80,000 bags of rice to Lagos residents

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