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Day: June 20, 2023

UK Implements New Trade Scheme, Reduces Tariffs on Nigerian and Developing Countries’ Products
Business News

UK Implements New Trade Scheme, Reduces Tariffs on Nigerian and Developing Countries’ Products

Web AdminJune 20, 2023June 20, 2023
The United Kingdom (UK) has announced a significant reduction in tariffs and simplified trading rules for products originating from Nigeria and other developing countries. This move aims to provide substantial...
Private Sector Investments Propelling Nigeria’s Dairy Value Chain
Business News

Private Sector Investments Propelling Nigeria’s Dairy Value Chain

Web AdminJune 20, 2023June 20, 2023
In recent years, Nigeria's dairy production has witnessed remarkable growth, with milk production increasing from 229,000 tonnes in 1972 to 531,587 tonnes in 2021—a growth rate of 1.89 percent. Experts...
Airtel Nigeria Launches 5G Network in Abuja, Lagos, Ogun, and Rivers States
Business News

Airtel Nigeria Launches 5G Network in Abuja, Lagos, Ogun, and Rivers States

Web AdminJune 20, 2023June 20, 2023
Airtel Nigeria has successfully initiated its Fifth-Generation (5G) network service in Abuja, Lagos, Ogun, and Rivers states. This rollout comes six months after Airtel Nigeria secured the 3.5 gigahertz spectrum...
Unification of Naira Exchange Rate Expected to Trigger Rise in Electricity Prices in Nigeria
Business News

Unification of Naira Exchange Rate Expected to Trigger Rise in Electricity Prices in Nigeria

Web AdminJune 20, 2023June 20, 2023
The recent unification of Nigeria's naira exchange rate, which has resulted in the depreciation of the currency at the investor and exporter window, is anticipated to lead to an increase...
Airtel Nigeria Joins 5G Revolution, Becomes Third Operator to Launch Advanced Services in the Country
Business News

Airtel Nigeria Joins 5G Revolution, Becomes Third Operator to Launch Advanced Services in the Country

Web AdminJune 20, 2023June 20, 2023
Airtel Nigeria, one of the leading mobile network operators, has officially introduced fifth-generation (5G) technology services in the country, joining the ranks of operators embracing this advanced technology. With the...
Naira Shows Mixed Performance Against US Dollar, British Pound, Euro, and Cryptocurrency
Business News

Naira Shows Mixed Performance Against US Dollar, British Pound, Euro, and Cryptocurrency

Web AdminJune 20, 2023June 20, 2023
In the latest currency update, the Nigerian Naira demonstrated mixed performance in various markets. At the black market, the Naira experienced an appreciation against the US Dollar, trading at an...
Multiple Institutions Fined Over N200m for Violating Data Privacy, says NDPC
Business News

Multiple Institutions Fined Over N200m for Violating Data Privacy, says NDPC

Web AdminJune 20, 2023June 20, 2023
In a recent announcement on Monday, the National Commissioner for the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, revealed that no fewer than seven banks and other institutions have...
Central Bank of Nigeria Raises Domiciliary Account Withdrawal Limit
Business News

Central Bank of Nigeria Raises Domiciliary Account Withdrawal Limit

Web AdminJune 20, 2023June 20, 2023
The Central Bank of Nigeria (CBN) has announced an increase in the withdrawal limit on domiciliary accounts as part of ongoing reforms in the foreign exchange policies. In a circular...
President Tinubu Hosts Bhanti Artel Chairman and Telecom Executives at State House Meeting
Business News

President Tinubu Hosts Bhanti Artel Chairman and Telecom Executives at State House Meeting

Web AdminJune 20, 2023June 20, 2023
President Bola Tinubu recently held a meeting at the State House in Abuja with Dr. Segun Ogunsanya, Chairman of Bhanti Airtel, and other board members of the telecommunications company, including...

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Fidelity Bank Celebrates Customers, Disburses ₦30m in Cash Prizes

₦30m Donation Rejected by Pastor Enenche During Church Service Visit

US Authorities Recover $225 Million in Major Cryptocurrency Scam Bust

Financial Experts Raise Alarm Over CBN’s 50% CRR and Banking Sector Liquidity

House Probes Oil Companies Over Unremitted $457m, Recovers N86m

Sokoto Trains Officials to Boost Fiscal Transparency, Accountability

NELFUND Automates Loan Application Process to Boost Accessibility and Efficiency

Lawmakers Launch Investigation into Alleged Misuse of N1.12 Trillion Anchor Borrowers’ Programme Funds

Nigeria’s Crude Imports Hit N1.2 Trillion Amid Declining Domestic Production

Nigerian National Nabbed in India with N214 Million Worth of Narcotics

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Non-Performing Loans Surge Past $3.5bn Across Six Nigerian Banks – Report

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