No plans to revoke more more banking licenses – CBN
Omeiza Bilal The Central Bank of Nigeria (CBN) has said that a report making the rounds that it plans to...
Business Affairs
TCN completes Jos–Gombe 330kV transmission line’s rehab
Omeiza Bilal The Transmission Company of Nigeria (TCN), Tuesday, announced the rehabilitation and re-stringing of the four vandalized towers along...
Kogi Gov Ododo receives 8 rescued CUSTECH students
Omeiza Bilal Kogi State Governor, Ahmed Usman Ododo has received eight students of the Confluence University of Science and Technology...
NNPC Ltd sustains march towards regulatory excellence
Omeiza Bilal ...Bags NIMASA compliance certification on ship, port security The NNPC Ltd has reiterated its commitment to sustain the...
Equity market sheds N103bn as strikes commences
Domestic equity market on Monday opened in a bearish run, declining by N103 billion. Market capitalisation of listed equities went...
ASUU, others join strike as enforcement team shut down banks in Lagos
The Association of Students Union of University as well as Unions in banking sector, ASSBIFI and NUBIFIE have invaded banks, mostly...
Manufacturing sector pushes Nigeria’s PMI to 52.1% in May
Despite high prices which has continues to curtail demand, Nigeria’s Stanbic Purchasing Managers’ Index (PMI) rose to 52.1 in May,...
CBN revokes banking licence of Heritage Bank
Omeiza Bilal The Central Bank of Nigeria (CBN) has revoked the banking license of Heritage Bank Plc. In a statement...
NDIC commences Heritage Bank liquidation, assures on prompt payment of insured deposits
Omeiza Bilal The Nigeria Deposit Insurance Corporation (NDIC) has commenced the liquidation of Heritage Bank, assuring it will pay depositors...
Labour has shut down national grid, says TCN
By Omeiza Bilal The Nigeria Labour Congress (NLC) has shut down the national grid throwing the country into total darkness,...
