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OMG! Group calls for sack of Kyari over fuel importation

The Coalition for Economic Liberation and Transformation has strongly criticized NNPCL for prioritizing petroleum imports above domestic refining.According to the group, importation of...

Business

Empty banks’ ATMs, PoS prevalence, 2 other unusual financial sector practices found only in Nigeria

Ahead of the yuletide season, customers of Nigerian banks are currently experiencing cash scarcity in the banking halls and are forced to patronise roadside...

Business

UK increases proof-of-fund requirement for Nigerians, other to study, details emerge

The proof of finances requirements for international students to study have increased, according to the UK governmentThis means students who intend to study in...

Business

NCAA gives new directive to pilots working for Air Peace, Ibom Air, other airlines

The Nigeria Civil Aviation Authority has warned flight crew members not to work for more than one airline concurrentlyIt declared that such conduct constituted...

Business

Concerns as currency in circulation hits historic record

The amount of currency in circulation has increased to an all-time high of N4.3 trillionSimilarly, a report showed that the currency outside of banks...

Business

NDIC announces payment to Nigerian bank customers after shut down

The defunct Heritage Bank's nationwide assets were valued by the Nigeria Deposit Insurance CorporationAccording to the statement, the activity is a component of continuing...

Business

Bank of industry invites manufacturers to apply for single digit loan, see details

The Bank of Industry intends to lend up to N1 billion to 140 Nigerian industrial companies operational across the countryIts MD underlined that the...

Business

Marketers speak on releasing N150bn worth of petrol across filling stations

IPMAN president has said over 1,000 tankers move petroleum products worth N150 billion across the country on a daily basisHe said with such investment,...

Business

Another airline announces acquisition of more aircrafts

United Nigeria Airlines is set to boost its fleet with six new Embraer AircraftThe first registered aircraft landed at Lagos's Murtala Muhammed International Airport...

Business

Jubilation as more petrol land in Nigeria, marketers speak on price crash

Two ships carrying 40,766,400 litres of gasoline landed at Lagos port, according to the Nigerian Ports AuthorityThe administration stated that ten ships would arrive...

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Tag: #banking

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