Browsing Category

Business

Aliko Dangote

Dangote To Commence Coal Mining In Quarter 4

Dangote Cement Plc, a subsidiary of Dangote Group, has disclosed plan to commence mining its own coal at Ankpa, Kogi State by fourth quarter ...

Osinbajo, Ambode, Dangote express confidence in Nigeria’s quick economic recovery

•Lagos refinery, ready in first quarter of 2019 — VP •Projects to create over 235 direct, indirect jobs — Ambode •Lagos to ge...

Naira-Dollar

Naira Crashes To 288/dollar At New Official Market 

The naira plunged by 31 per cent to 288.85 against the United States dollar on Monday at the close of trading at the newly established interban...

nigerian-banks

Banks Shut Doors On Bureau De Change’s, Politically-Exposed Persons

 Amidst intensified anti-corruption siege on banks by the Economic and Financial Crimes Commission, EFCC, Bureaux de Change, BDCs, may have ...

Development Bank Of Nigeria Takes Off July 

  THE much anticipated Development Bank of Nigeria, DBN, will take off next month with $323 million (about N64 billion) capital base. ...

Skye Bank Sacks 175 

  Skye Bank Plc has laid off 175 of its staff in spite of the directive issued by the Minister of Labour and Employment, Dr. Chris Ngige,...

Naira Crashes To N285/$1 At Interbank Market

Despite the Central Bank of Nigeria yet to roll out the details of the new flexible exchange rate policy, which is a monetary system that allows ...

Dubai Banks Order Closure Of Nigerians’ Accounts

Lagos — A diplomatic row seems imminent between the United Arab Emirates (UAE) and Nigeria, following a directive by the country's central bank...

Dangote Tomato Processing Company Suspends Production

The newly established Dangote Tomato Processing Factory in Kadawa, Kano State, has suspended production, its Managing Director, Alhaji Abdulkadir...

Increase In Fuel Price Crashes Naira To N345/$1

The Nigerian naira suffered a setback on Thursday, crashing to N345 against the dollar, following the federal government’s decision to liberali...