business
-
NASENI’s CNG Conversion Centre Set for Inauguration
President Bola Tinubu is to inaugurate National Agency for Science and Engineering Infrastructure (NASENI) Compressed Natural Gas (CNG) Conversion, Filling, Reverse Engineering and Training Centre in Utako, Abuja, tomorrow. Executive…
-
Nigerian Breweries 2024 Maltina Teacher to receive N10m
Nigeria Breweries Plc has said “Maltina Teacher’’ at this year’s competition” will receive a N10 million reward. Corporate Affairs Director, Sade Morgan, spoke in Lagos at a media parley. In…
-
Total Invests $600m In Congo
French oil major, TotalEnergies, has announced a $600 million investment deal in the Republic of Congo few days after the CEO said the company chose Angola over Nigeria for a…
-
CBN raises interest rate to 26.25%
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has increased the monetary policy rate (MPR), which serves as the benchmark for interest rates, from 24.75 percent to 26.25 percent.…
-
Central Bank of Nigeria withdraws Cybersecurity Levy circular
The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing commercial banks, mobile money operators, and other financial institutions to implement the National Cybersecurity Levy. The circular, issued…
-
Dangote’s Exit from Fuel Imports in June Spurs Marketers to Seek Bulk Supply
The Dangote oil refinery is set to put an end to the monthly importation of an average of 1 billion litres of premium motor spirit in Nigeria. This was as…
-
US-Nigeria Open Skies Air Transport agreement 2000 comes into Force in 2024
The US-Nigeria Air Transport Agreement, which has been provisionally applied since 2000, came into force on May 13, 2024. A statement by the US Embassy in Abuja stated that the…
-
Naira Delisted From P2P Crypto Platforms To Combat Currency Manipulation
The P2P platform adheres to the directives from the Office of the National Security Adviser (ONSA) and the Securities and Exchange Commission (SEC), Cryptocurrency exchanges have begun delisting the naira…
-
Emirates To Resume Lagos-Dubai Flights October 1
Emirates Airlines has announced that it will resume services to Nigeria from October 1, 2024, operating a daily service between Lagos and Dubai. The service will be operated using a…
Crowna'lamode news updates 