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Revealed! Nigerian banks restrict multiple account owners to N20,000 withdrawal

The maximum amount of N20,000 that multiple account holders can withdraw from ATMs may have been set by commercial banksThe cash shortage has gotten...

Business

Revealed! Nigeria spends N26bn over power shortages yearly

To mitigate the impact of power disruptions, businesses invest more than $22 billion annually in off-grid fuelIt concluded that the availability of energy is...

Business

Revealed! Nigeria’s longest runway airport to finally begin operation

After gaining regulatory approval to start operating non-scheduled charter flights, the Gateway International Agro-Cargo Airport is starting to take shapeWith ValueJet Airline now operating,...

Business

Report shows unemployment rate in Africa, Nigeria’s position shocks many

Africa's high young unemployment rate continues to be one of the continent's most urgent problemsIn spite of the continent's immense potential, the unemployment rate...

Business

Group speaks on solutions to increasing inflation in Nigeria

The LCCI has cautioned on numerous occasions that rate hikes alone won't be sufficient to lower inflationThe LCCI president claimed that reduced investment...

Business

Firm advises over crude oil supply mechanism, see details

A law firm has investigated the procedures for upholding the nation's commitments on the supply of crude oilThis is part of its effort to...

Business

Revealed! CBN finally addresses deadline for circulation of old naira notes

Reports that the former series of N200, N500, and N1,000 banknotes will be discontinued have been refuted by the CBNThis is amid rumour that...

Business

FG unveils 88 safety standards for CNG vehicles in Nigeria, see details

According to the federal government, 88 international standards for compressed natural gas products have been implementedThe government said the move will facilitate the usage...

Business

Experts explain reason for high cost of fuel as Nigerians begin converting vehicle

The logistical component of the pump price has been blamed for the high price of PMS in the countryCleanergy Innovation Ltd’s executive vice chairman...

Business

Nigeria’s Air peace, other African counterparts increase connection, passenger revenue, see details

A recent report suggested that the availability of seats has increased by 7%, indicating a prosperous period for the aviation sector in the continentThis...

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