No fewer than 40 million telephone lines were barred by telecommunication operators over the weekend following the expiration of the February 28, 2024 deadline issued by the Nigerian Communications Commission…
Category: Business
Millions Of SIM Cards Disconnected Across Nigeria- Says Telecoms Networks Spokesperson
Amina Mansur The spokesperson of Telecoms Operators in Nigeria, Gbenga Adebayo, has revealed that millions of SIM cards were disconnected across the country. According to him, those affected…
CBN Withdraws Operational Licenses Of 4,173 BDCs
The Central Bank of Nigeria (CBN) has seized the operational licenses of 4,173 Bureau De Change (BDCs) in the country. This was contained in a press statement issued on Friday…
Shell Alerts Nigeria, others on how to unlock Energy Potential for Dev.
Nigeria and other African countries have the opportunity to unlock the potential of the energy sector, and drive energy security, transition and economic prosperity by embracing partnerships, technological innovation and…
CBN issues new directive to Bureau de change operators
The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above to declare their forex sources. Haruna…
Ekiti attracts $40million investment in organic fertilizer project
… As Oyebanji opens discussion with Turkish firm Ekiti State Governor, Mr Biodun Oyebanji has said that his administration would continue to woo investors to the state in the bid…
Nigerian Breweries approve new prices for alcoholic beverages
The Nigerian Breweries Plc has approved an upward price change for its Stock-Keeping Units (STUs) with effect from February 19. A letter dated February 12 titled: ‘Price review notification,’ by…
Nigerian Breweries lose N106bn in 2023, says Company Secretary
Nigerian Breweries Plc said it recorded a net loss of N106 billion for the year ended 2023, as against N13.93 billion posted in its 2022 financials, indicating 860 per cent…
BUA increases staff salary amidst rising cement price
Chairman of BUA Group, Abdul Samad Rabiu, says the company has approved a 50 per cent salary increment for staff across board. Rabiu made the disclosure in an internal memo…
Ekiti Organizes Easter Trade Fair to Showcase Commerce, Investment Opportunities
Ekiti Online Market and the Ministry of Commerce, Trades, Investment and Cooperatives in Ekiti State have organized an exhibition tagged the ‘Ekiti Easter Tradefair’. The Program would begin from Wednesday…