Category: Business
CAC to publish Coy owners’ profile henceforth, says RG
The Corporate Affairs Commission (CAC) will henceforth make public profiles of owners of companies. The Registrar-General of CAC, Alhaji Garba Abubakar, made this known at…
PAP sets aside N1.5bn to drive entrepreneurship for NIger Delta ex-agitators
The Presidential Amnesty Programme (PAP) has launched a N1.5 billion Cooperative Fund – the PAP Beneficiaries Cooperative Society (PAPCOSOL Ltd.) to give strategic empowerment directly…
Closed Microfinance Banks: NDIC assures depositors of speedy payment
The Nigeria Deposit Insurance Corporation has promised to quickly pay depositors of the 179 Microfinance Banks and four Primary Mortgage Banks whose licenses were recently…
CBN Revoke 132 Microfinance Bank License
The Central Bank of Nigeria has revoked the operating licences of 132 microfinance banks, along side four primary mortgage banks, and three finance companies in…
Ondo seaport: Ajulo calls for prompt action on project Seaport
Mr Kayode Ajulo, a legal practitioner has called for prompt action to execute the Ondo Seaport project, recently approved by President Muhammadu Buhari, beyond the…
Nigeria commissions Dangote refinery, seeks to end fuel imports
Nigeria commissioned Dangote Refinery on Monday amid hopes of transforming the country into a net exporter of petroleum products, but analysts said securing crude supplies…
Refinery will generate Substantial job opportunities – Dangote
The Chief Executive Officer of Dangote Group, Aliko Dangote, has said his refinery will generate enough job opportunities for Nigerian youths. Dangote disclosed this Monday…
FCMB Founder Subomi Balogun is dead
The founder of FCMB, Otunba Subomi Balogun, passed away He died in London Friday morning.Mr Balogun celebrated his 89th birthday in March.He was an alumnus…
Naira begins new week on negative note
The Naira depreciated against the dollar on Monday, exchanging for N464 at the investors’ and exporters’ window. The rate represented a decrease of 0.36 per…