Category: Business

Customs reinstates First Bank to collect duty

  The Nigeria Customs Service (NCS) has unblocked and reinstated First Bank PLC. as Customs duty collecting bank, raising hopes of the bank’s fortune improving significantly in the coming months. This is the second...

Ace Passion drink hits market

A new offering, Ace Passion, meant primarily for female drinkers, has been launched into the Nigerian market. The drink comes in sparkling natural apple flavor, and it was produced and packaged in line with...

FMARD, OSGF sign MoU on land information, climate change

Federal Ministry of Agriculture and Rural Development[FMARD] and the Office of the Survey-General of the Federation[OSGF] have signed a  Memorandum of Understanding[MoU] on the provision of auto-photo imageries that would enable farmers to know...

Nigeria on tenterhooks over oil price slump

As the world oil prices continue on a free-fall, Nigeria which is highly dependent on oil for over 80 per cent of its revenue is on tenterhooks. Having devalued its Naira and adjusted twice,...

FMARD, OSGF sign MoU on land information, climate change

Federal Ministry of Agriculture and Rural Development[FMARD] and the Office of the Survey-General of the Federation[OSGF] have signed a  Memorandum of Understanding[MoU] on the provision of auto-photo imageries that would enable farmers to know...

NERC bars Discos from making profits from CAPMI

The Nigerian Electricity Regulatory Commission (NERC) has barred electricity distribution companies from making financial gains from the implementation of the Credit Advance Payment for Meter Installation (CAPMI) scheme. NERC chairman, Dr. Sam Amadi who...

Adekoya bags World Bank job

  Former 1st Vice President of the Nigerian Bar Association (NBA) Mrs. Funke Adekoya (SAN) has been elected to the World Bank Group’s Sanctions Board. She also became a member of the International Council...

Four firms accredits to print cheques by CBN

  The Central Bank of Nigeria (CBN) has accredited Nigeria Security Printing and Minting Company Plc, Tripple Gee and Company Plc, Superflux International Limited and Euphoria Group Limited to print cheques and other debit...