Business
Mudassir & Brothers to establish $50m textile industry in Kano
A Kano-based textile trading company, Mudassir & Brothers, says it has commenced processes of establishing a textile manufacturing company worth...
NDIC recovers over N29bn from liquidated commercial banks, N129m from Microfinance banks – MD
The Managing Director of the Nigeria Deposit Insurance Corporation, NDIC, Umaru Ibrahim, says the corporation has since its inception recovered...
Nigerian govt may impose excise tax on Coca-Cola, other soft drinks – Ahmed
The Minister of Finance, Zainab Ahmed, has disclosed that the Federal Government is mulling the imposition of excise duties on...
Fake N500, N1000 naira-notes in high circulation — CBN report
The Central Bank of Nigeria, CBN, on Wednesday, said that a total of 119,663 pieces of counterfeit notes with a...
How Nigerian govt will fund 2020 Budget, by Finance Minister
The Nigerian government has explained how it plans to source funds for the N10.33 trillion 2020 budget.
Dangote donates $20m to The African Center
The Chairman, Aliko Dangote Foundation, Aliko Dangote, has donated of $20 million to The Africa Center in New York, United...
First Bank targets 500,000 Firstmonie agents across Nigeria
First Bank Nigeria Plc, FBN, has said it plans to get on board its agent money platform up to 500,000...
CBN Cashless Policy: traders, residents express concern
Residents of Ilorin, capital of Kwara have expressed concern over the charges on deposits by the Central Bank of Nigeria.
Experts set agenda for Buhari’s new economic team
Economic experts have highlighted problematic areas the newly-constituted economic advisory team of the president should focus on to address the...
AfDB approves $500,000 grant for clean energy in Nigeria
The African Development Bank, AfDB, has approved 500,000 dollars grant to support the development of clean energy in Nigeria.