Nigeria’s central bank has suspended several lenders from its weekly spot and forward interventions because they…
Category: News
CPC, NCAA seal pact on Nigerian aviation customers’ protection
The Consumer Protection Council (CPC), and the Nigeria Civil Aviation Authority (NCAA), have agreed to end…
CBN’s April PMI confirms economy recovering from recession
The Central Bank of Nigeria (CBN), yesterday, issued its Purchasing Managers Index (PMI), report for April,…
Kaduna ICD commences operation next month
Construction work at the Inland Container Depot (ICD), located in Kaduna is 98 percent completed and full port operations…
Top quotes of the day
“Why is the President hiding his state of health? He is supposed to understand he’s public…
Auction: Customs set up committee, bar officers, family members from bidding
In a bid to ensure that the auctioning of seized goods is not compromised, the Nigeria…
Stolen crude: Reps’ panel demands details of $1.2bn payment by Aiteo
The House of Representatives has demanded the details and explanations of the excess of $1.2bn paid…
Police arraign three for absconding with truck, biscuit flour
The police on Wednesday arraigned Garuba Lawal, a driver and two accomplices, Ismaila Azeez, 37 and…
Madrid Maersk, new world largest containership, enters service in China
The latest ultra-large container vessel (ULCV) to wear the crown for the title of the ‘world’s…
Buhari ‘resumes’, meets AGF, NNPC GMD
President Muhammadu Buhari is reportedly back on his desk at the presidential villa in Abuja. Upon…
CBN sanctions 12 banks for flouting forex rules
The Central Bank of Nigeria (CBN) has barred at least 12 deposit money banks (DMB) from…
Diesel seller docked for aged man’s disappearance
A 35-year old diesel seller, Ahmed Adamu, has been charged to an Apapa Magistrates’ Court for…