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Category: Business

Business Economy

UBA, Fidelity and Sterling banks deny withholding money from TSA account

Iheanyi Ejiofor July 21, 2017 headline

Following the order of a Lagos High for the forfeiture of the sum $793.2m domiciled in seven banks which they failed to remit to the federal government at the introduction of…

Read More UBA, Fidelity and Sterling banks deny withholding money from TSA account
Business Economy

Etisalat Nigeria formally announces 9mobile as new name

Iheanyi Ejiofor July 18, 2017 headline

Emerging Markets Telecommunication Services Limited, EMTS, has formally confirmed that it has adopted 9mobile as the brand name for Etisalat. In a statement on Tuesday, EMTS said, “Emerging Markets Telecommunication Services Limited…

Read More Etisalat Nigeria formally announces 9mobile as new name
Business Economy

CBN boosts forex supply with $195m

Iheanyi Ejiofor July 17, 2017 headline

The Central Bank of Nigeria (CBN), in continuation of its FOREX supply drive, on Monday, July 17, 2017, intervened in the Inter-bank Foreign Exchange Market to the tune of $195million.…

Read More CBN boosts forex supply with $195m
Business Economy

End smuggling and you can appear before senate in ”Jeans and Tshirt”- Saraki teases Ali

Iheanyi Ejiofor July 17, 2017 headline

Senate President, Bukola Saraki has told the Col Hameed Ali. the Comptroller General of Nigeria Customs Service that the Senate will allow him to appear in Jeans and Trousers before…

Read More End smuggling and you can appear before senate in ”Jeans and Tshirt”- Saraki teases Ali
Business Economy

Nigerian inflation falls for fifth straight month- Report

Iheanyi Ejiofor July 17, 2017 headline

Nigeria inflation rate fell for the fifth straight month on Monday according to the figures released by the National Board of Statistics (NBS). The board said inflation for the month of…

Read More Nigerian inflation falls for fifth straight month- Report

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