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Category: Business

Business Economy headline

Forex Backlog: CBN concludes payment of all verified claims by airlines

Iheanyi Ejiofor January 30, 2024 No Comments #CBNforex

The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed to foreign airlines in the country, has concluded the payment of all verified…

Read More Forex Backlog: CBN concludes payment of all verified claims by airlines
Business Economy

Dangote Cement rewards distributors at Awards night

Iheanyi Ejiofor January 30, 2024 No Comments #Dangote cement

For their continued loyalty, the management of Dangote Cement Plc, at the weekend rolled out the drums to celebrate its teeming distributors across the country. The funfair and celebration were…

Read More Dangote Cement rewards distributors at Awards night
Business Economy headline

Nigeria’s current situation ‘unacceptable’, FG must cut cost of governance – Peter Obi

Iheanyi Ejiofor January 29, 2024 No Comments #cost of governance#Peter Obi

Peter Obi, the Labour Party (LP) presidential candidate in the 2023 general elections, has called for a drastic cut in the cost of governance, especially at the federal level, saying…

Read More Nigeria’s current situation ‘unacceptable’, FG must cut cost of governance – Peter Obi
Business Economy headline

CBN releases $500m to clear more verified FX liabilities backlog

Iheanyi Ejiofor January 29, 2024 No Comments #CBN#FX backlog

The Central Bank of Nigeria (CBN) on Monday said it has released US$500 million to various sectors to further address the backlog of verified foreign exchange transactions. The Acting Director…

Read More CBN releases $500m to clear more verified FX liabilities backlog
Business Economy headline

Transparency: EITI rates NNPC ltd high in compliance

Iheanyi Ejiofor January 28, 2024 No Comments

…As Kyari Insists No Public Fund Withheld Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high in its latest…

Read More Transparency: EITI rates NNPC ltd high in compliance

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