AdminWorld Bank sanctions Nigerian firm, MD over alleged corrupt practices
The World Bank has sanctioned AIM Consultants Limited, a Nigerian consultancy company, and its Managing Director, Amin Moussalli, for alleged corrupt practices. The firm, which was involved in the Nigeria…
Why we’re diversifying Nigeria’s economy — Emefiele
THE Central Bank of Nigeria, CBN, yesterday, said it is focused on diversifying Nigeria’s economy to stall problems created by fluctuations in the prices of oil globally. Governor of CBN,…
Bank loans to private sector rise by N5.1tn, hit N36.7tn – CBN report
Between January and December 2021, the Nigerian banking sector’s credit to the private sector rose by N5.1tn or 16.67 per cent, according to data obtained from the Central Bank of…
UgamatvOver 10, 000 residents benefit from N-Power – Commissioner
The Lagos State Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke, has said 10,130 residents of the state have benefitted from the N-Power programme. Arobieke, according to a statement…
FG imports 300 million litres of Petrol to address fuel shortage
The Federal government has imported 300 million liters of petrol into the country to close the gap created by the contaminated petrol withdrawn from depots and filling stations. The Federal Government made…
We haven’t received strike notice, says MTN
MTN Nigeria has disclosed it is yet to receive a notification of strike action from the Private Telecommunications and Communications Senior Staff Association of Nigeria, which recently threatened to ground…
Customers must provide virtual NIN for SIM services, says MTN
MTN Nigeria has told its customers they will now be required to provide their Virtual NIN or the improved NIN slip for all SIM related services. The company disclosed this…
Telecoms Union Gives MTN 14 Days To Address Workers’ Poor Welfare
Telecommunications workers under the aegis of the Private Telecommunications and Communications Senior Staff Association of Nigeria have issued a 14-day ultimatum to MTN Nigeria Telecommunications Plc to address certain issues…
IMF insists on fuel subsidy removal
The International Monetary Fund (IMF) has insisted on the removal of fuel subsidy by the Nigerian authorities. The position of the organization was contained in the Executive Board’s conclusion of…
Marketsquare replaces Shoprite at Lagos mall
Purplemaryland has said Marketsquare, a grocery retailer, will open its outlet at the mall following the exit of Shoprite. According to a statement by Purple Group, owners of Purplemaryland, the…
