The Charge‘d Affair of Nigeria in Mali, Yara Abdulsalam, says an indigenous motor manufacturing company, Innoson Motors, has signed MoU with a Malian firm to export 400 locally made vehicles to Mali. Abdulsalam made the announcement on Friday in Abuja when ...
Read More »Foreign reserve today has inched to $28.9 billion – CBN Governor
“I am happy to say that foreign reserve today has inched to $28.9 billion. It is exciting to see this happen. But is there a need to float the Naira? It is important to note that we have to manage ...
Read More »First Bank Increases Mobile App Transfer Limit To ₦1m
First Bank of Nigeria Limited has increased transfer transaction limits on its FirstMobile Lifestyle app from N500,000 to a maximum daily limit of N1m. The Head, Digital Banking, First Bank, Mrs. Folasade Femi-Lawal, in a statement on Monday said the ...
Read More »Chicken Consumers Flay Increased Processing Charges
Chicken consumers in Asaba on Sunday expressed displeasure over the hike in charges for processing the commodity by butchers. A survey conducted by the News Agency of Nigeria (NAN) at the Abraka Market revealed that the price for processing one ...
Read More »Yimu: Even If FG Wants To Sell NLNG On Credit, I’m Not Interested – Dangote
Aliko Dangote, president of of Dangote Group, says if the government offers to sell the Nigeria Liquefied Natural Gas (NLNG) to him on credit, he’s not interested. Reacting to the criticisms which have trailed his advocacy for the sale of national ...
Read More »Meet The Russian Scammer Behind MMM Ponzi Scheme In Nigeria & S.Africa
If you have invested a fortune in this ponzi scheme particularly in Nigeria using bitcoin or transferring money via your bank account, please stop it from now on or if you have received your first payment, just stop investing please. Be ...
Read More »Many Seemingly Rich Nigerians Are Bankrupt – Emir Sanusi
sanusilamidosanusi: I am Chairman of a company called Black Rhino. By the way, I don’t have a kobo in that company, but I am a Chairman. This short man who owns black stone said to us: “Gentlemen, here is $5 billion ...
Read More »What Can Nigeria Do Today To Turn Around This Economic Mess Within 5 Years?
what can Nigeria do today, I mean start right now, that will produce sufficient dividend to turn around this economic mess within 5 years? I see nothing, do you? ……….Ezekwe Gregg, You ask a very valid question that should actually ...
Read More »CBN drags Nine Banks For Failing To Remit $2.3bn NNPC Funds
Determined not to tolerate any further breach of extant financial regulations, the Central Bank of Nigeria (CBN) has barred nine banks from all foreign exchange transactions. The banks, THISDAY exclusively gathered this afternoon, were barred for failing to remit the ...
Read More »Check Out The Cross River Garment Textile Factory (Photos)
That is Cross River Garment Textile Factory, when completed will produce African and Italian fabrics. It can also be anticipated to generate jobs and help to cut back our reliance on foreign fabrics. See more pictures below.
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