Low Patronage Forces Indomie Price Slash Amid Rising Inflation
The price of Indomie Instant Noodles, a Dufil Prima Foods Limited brand, has reduced because of low demand and sales...
Business
CBN Settles All FX Backlog As External Reserves Rise To $34.11bn
The Central Bank of Nigeria (CBN) has cleared the $7 billion foreign exchange (FX) backlog inherited by Governor Yemi Cardoso....
FAAC Allocation For FG, States In February 2024 [BREAKDOWN]
The three tiers of Government, Federal, State and Local government councils shared N1.15 trillion in revenue from the Federation Accounts...
Zenith Bank Appoints Adaora Umeoji As First Female GMD/CEO
Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect...
Black Market Dollar To Naira Exchange Rate Holds Steady Amidst CBN Directive
Despite the Central Bank of Nigeria’s (CBN) stance against the parallel market, the dollar to naira exchange rate remained stable...
Textile Import, Seven Others Gulp N1.4tn After CBN Ban Reversal
Nigerians spent N1.39trn on the importation of seven out of the 43 items earlier restricted by the Central Bank of...
Inflation Pushing Us Out Of Business – Traders Lament Persistent Price Hike
Traders have decried the unprecedented hike in prices of commodities., saying the market system has become so unpredictable. Nigeria has...
Only Seven Banks Can Meet CBN Recapitalization Requirements – Report
No fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the Central Bank...
N500m ‘Largesse’: I Received ₦266M – Senator Abaribe
Senator representing Abia South, Enyinnaya Harcourt Abaribe, has said contrary to the claim that some ranking senators received N500 million...
Aig-Imoukhuede Takes Charge Of Access Holdings As Chairman
Access Holdings Plc (the Holdco) has announced that Aigboje Aig-Imoukhuede is returning as its Non-Executive Chairman. This decision was made...
