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Mobile Payment Transactions Hit N271 Billion – CBN

In spite of the initial apathy to the mobile payment initiative of the Central Bank of Nigeria (CBN), there are indications that the policy...

FG Approves 3rd Quarter Allocation For Petrol Importation

The Federal Government has approved and released Quarter three (Q3) allocation for the importation of fuel by oil marketers. The approval which was done by...

FG, Farmers To Establish Rice Trading Center

The Jigawa chapter of the Rice Dealers Association of Nigeria, on Friday, said it had concluded arrangements to establish six pilot rice trading centres...

Kaduna Refinery To Run At Full Capacity In 2015

NAN - The Managing Director of Kaduna Refinery and Petrochemical Company has stated that the refinery will function at full capacity next year at a  two...

US Places Special Entry Conditions For Vessels From Nigeria

The United States Government has imposed Conditions of Entry (COE) on vessels originating or coming from Nigeria, as it requires that these vessels meet...

Revoke Northerners Oil Blocs – Niger-Delta Group Urges President Jonathan

As the national conference continues, the debate over the sharing of the countries oil revenue and ownership of oil blocs reaches fever pitch level,...

Minister Of Petroleum Allison-Madueke Tipped As OPEC Secretary General

The Minister of petroleum Diezani Alison-Madueke has been tipped for the post of secretary general at Organization of the Petroleum Exporting Countries (OPEC) as...

Nigeria Has The Lowest Electricity Tariff In Africa – NERC

Despite the recent increase in electricity tariff by the Nigerian Electricity Regulatory Commission, NERC, economic analysts insist that Nigeria still has one of the lowest...

CBN Stipulates N2 Billion Share Capital For Money Transfer Operations

As part of the efforts of the new Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele to enhance banking regulations; the CBN has...

New CBN Governor Emefiele Abolishes Charges On Bank Deposits

The Central Bank Governor (CBN), Mr Godwin Emefiele, on Thursday, June 5, 2014 unveiled his agenda for the apex financial organization, announced that all...

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