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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 ...

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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 ...

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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 ...

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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 ...

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russian mmm scammer

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 ...

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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 ...

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business to invest in nigeria

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 ...

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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 ...

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cross river

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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Nigeria Flag

Top 5 Reasons Why Nigerians Don’t Patronize Made In Nigeria Products

There as been recent calls by the Government and concerned Nigerians calling on Nigerians to Buy Goods made in Nigeria so as to make the Naira Stronger.The fact still remains that Nigerians prefer to buy Foreign goods instead of Nigerian ...

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