South African grocery retailer Pick n Pay will exit Nigeria by selling its 51% share of a joint venture as part of plans to restructure outside of its home market,…
Read More Pick N Pay joins list of international companies divesting from Nigeria – ReportCategory: Economy
Ex-CBN secretary testifies in Emefiele’s fraud case
A former Secretary at the Central Bank of Nigeria, John Ogah, on Monday testified in the trial of ex- CBN governor, Godwin Emefiele, for fraud and abuse of office. Emefiele is…
Read More Ex-CBN secretary testifies in Emefiele’s fraud caseCBN, IFC partner to boost Nigeria’s local currency financing
The International Finance Cooperation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase local currency financing. According to…
Read More CBN, IFC partner to boost Nigeria’s local currency financingDangote backs Tinubu’s CNG drive, invests over $280m in trucks, infrastructure
… becomes the largest operator of CNG trucks in Nigeria In a demonstration of its support for President Bola Ahmed Tinubu’s CNG Initiative, which aims to provide cheaper and cleaner…
Read More Dangote backs Tinubu’s CNG drive, invests over $280m in trucks, infrastructureFirstBank assures seamless banking operations amidst suppliers platform enhancement
Our reporter/ Nigeria’s premier financial institution, First Bank has assured customers that the proposed suppliers platform enhancement programe will not affect the Bank’s operations. “Please be informed that no system…
Read More FirstBank assures seamless banking operations amidst suppliers platform enhancement
