business
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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…
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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…
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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…
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NMDPRA Orders Petrol Stations to Make CNG Sale Points
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has disclosed that all Petrol stations are to have points of sale for Compressed Natural Gas (CNG). The agency’s Chief Executive,…
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CBN Directs Banks To Suspend Cybersecurity Charges On Deposits
The Central Bank of Nigeria (CBN) has suspended charges on cash deposits until September 30, 2024. The apex bank disclosed this in a circular dated May 6, 2024, signed by…
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Banks Close 2m Accounts Nationwide
Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, to clean their books of questionable accounts and comply with regulatory orders on the…
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