Emirates Airlines to resume operations in Nigeria Oct 1
Emirates Airlines has disclosed plans to resume operations in Nigeria on October 1, 2024, two years after the airline suspended...
Year: 2024
NDIC obtains winding-up order for 96 MFBs, PMBs
Nigeria Deposit Insurance Corporation (NDIC) has obtained winding up Orders for 96 out of 183 Micro Finance Banks and Primary...
CBN Act: NASS proposes N500,000 each for naira abuse, refusing naira payment, buying naira
The Nigerian Senate has introduced a bill to amend the Central Bank of Nigeria Act 2007, proposing a 900 per...
PLSI to adopt AI platform to curb public sector corruption
Omeiza Bilal The Paradigm Leadership Support Initiative (PLSI) has said it is adopting Artificial Intelligence (AI) as it seeks to...
Crypto Exchanges begin delisting of Naira from Platforms
Omeiza Bilal Following the directives of the Office of the National Security Adviser and the Securities and Exchange Commission that...
More diversified trade can make Middle East, Central Asia more resilient
Dislocations from the pandemic, geoeconomic fragmentation, and Russia’s war in Ukraine have shifted world trade dynamics. While this has created...
Afreximbank backs expansion of Grenada’s Silversands Hotel with $30m facility
African Export - Import Bank (Afreximbank) has approved a $ 30 million financing facility to Joyau Des Caraibes Limited (JDC); the...
Global oil demand to rise by 2.25mbpd in 2024
The Organization of Petroleum Exporting Countries, OPEC, has again expressed optimism on robust oil market growth. In its Monthly Oil...
Equity market’s bearish trend continues, shed N74bn
Transactions on the floor of Nigerian Exchange closed southward, shedding N74 billion as more companies recorded low performance The downward trend...
CBN kickstarts strategy to double remittances, Grants AIP to 14 new IMTOs
Omeiza Bilal The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by...
