Category: Nigeria news

  • Nigeria contemplates BRICS membership

    Nigeria contemplates BRICS membership (ghanaweb.com) Read more

  • Kerosene price stands at N1, 340 in February – NBS

    The National Bureau of Statistics (NBS),  says the average retail price of a litre of kerosene increased from N1,329 recorded in January 2024 to N1,340 in February 2024. The bureau said this in its Petrol Price Watch for February 2024, released in Abuja on Thursday. It said the February price of N1, 340 represented a… Read more

  • 3 yrs after: We’ve reduced congestion, improved terminal efficiency — TTP

    The management of Trucks Transit Parks Ltd (TTP), has said that it has reduced congestion along the port access road as well as improved terminal efficiency at the port through its three years operations. Celebrating its three years journey in the port digital transit management innovation the firm also noted the significant impact it has made… Read more

  • Access Bank, KCB Group sign binding offer on acquisition of National Bank of Kenya

    Access Bank Plc and KCB Group Plc have signed a binding agreement to acquire 100 percent shareholding in National Bank of Kenya , NBK Limited  from KCB. In a statement, Access Bank disclosed that the successful completion of the transaction is subject to conditions that are customary for transactions of this nature including receipt all regulatory… Read more

  • Nigeria launches mega solar plant to boost national grid

    Nigeria launches mega solar plant to boost national grid (ghanaweb.com) Read more

  • CBN lifts FX restrictions on  dairy products

    The Central Bank of Nigeria (CBN) has lifted the restrictions on the importation of milk and dairy products. On February 11, 2020, the CBN had added milk and dairy products to the list of items not eligible for forex. However, in a notice to customers, Zenith Bank said the regulator had provided an update on eligible… Read more

  • Naira rises to N1,580/$ in parallel market

    The naira yesterday appreciated to N1,580 per dollar in the parallel market from N1,590 per dollar on Monday.Similarly, the naira yesterday appreciated N1,560.57 per dollar in the Nigerian Foreign Exchange Market (NAFEM). Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,560.57 per dollar from N1,572.86 per dollar on Monday, indicating… Read more

  • Be smart, protect your money from fraudsters —CBN charges Nigerians

    The Central Bank of Nigeria (CBN) has advised the Nigerians to educate themselves and their children on the activities of fraudsters and scammers, as a means of protecting their money from such criminals. peaking yesterday in Abuja in a message at the 2024 Global Money Week (GMW) celebration, Deputy Governor in charge of Financial System Stability… Read more

  • CBN educates Nigerians how to protect their money from fraudsters

    The Central Bank of Nigeria (CBN) has advised the Nigerian public to educate themselves and their children on the activities of fraudsters and scammers, as a means of protecting their money from such criminals. The Deputy Governor in charge of Financial System Stability (FSS), Mr. Philip Ikeazor, in a message at the 2024 Global Money… Read more

  • Zenith Bank appoints Adaora Umeoji first female CEO

    Zenith Bank Plc has announced the foremost banker, Dr. Adaora Umeoji as its new Group Managing Director and Chief Executive Officer. This appointment was disclosed on Tuesday, in a statement signed by the company secretary, Michael Otu, which was filed with the Nigerian Exchange Limited. Umeoji’s appointment will take effect from June 1, 2024, following… Read more