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Experts yesterday attributed the oversubscription recorded in the first dollar-denominated domestic bond to the attractive yields of the $500m bond just as they called for judicious utilisation of the proceeds…
The price of maize has dropped significantly at Saminaka grain market, in Kaduna State. Before now, a 100kg bag of maize cost N85,000 to N90,000 the market, but the price…
Operators of Point of Sale (POS) have criticised the implementation of the Electronic Money Transfer Levy (EMTL) on their transactions, saying it has affected their profit margin from the current…
As customs seize 500,000 litres of smuggled fuel worth N475m The National Security Adviser (NSA) Mal. Nuhu Ribadu has decried the rising trend of smuggling of petroleum products outside…
Customers of financial technology (fintech) companies including Opay, Moniepoint and Kuda are grumbling over the implementation of the Electronic Money Transfer Levy (EMTL) on their transactions. The implementation which takes…
The federal government has imposed a one-time fee of N50 on electronic transfers exceeding N10,000 to personal and business accounts on Opay. In a notice to its customers on Saturday,…
The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureau De Change (BDCs) at the rate of N1,580 to a dollar. This is according…
Sesame and melon farmers in Taraba State witnessed bumper harvest despite disruption in rainfall, which affected the growth of many crops. These two cash crops, it was learnt, were not…
Leading Nigeria’s automotive industry, Dana Motors, has just announced the unveiling of fully CNG-powered buses assembled at its facility located at 118, Oshodi-Apapa Expressway, Isolo, Lagos, Nigeria. Jacky Hathiramani, Managing…
The Abuja Chamber of Commerce and Industry (ACCI) said it is collaborating with the African Export-Import Bank (Afrexim Bank) to foster agricultural innovation in the country. The ACCI in a…