CAC now registers companies in 48 hours
The days required for registration of new businesses in Nigeria by the Corporate Affairs Commission, CAC, has been reduced from 10 to 2, courtesy of...
Category: Business
Naira stabilises at parallel market
The naira on Monday stabilised against the dollar at the parallel market. The Nigerian currency traded between N380 (buying rate) to N385 (selling rate) on...
Federal Government urged to set up committee on local refineries
As the federal government continues to fine tune arrangements for the establishment of modular refineries in oil producing communities, a group under the auspices of...
CBM Orders Banks to Sell Dollars at N360/$1
The Central Bank of Nigeria (CBN) says banks will no longer trade the naira at N375 per dollar for invisibles, such as school fees, medical...
CBN to inject more dollars into forex market
The Central Bank of Nigeria (CBN) will on Saturday pump more dollars into the foreign exchange market in continuation of its strategy to further strengthen...
First Bank, Launches Loan Scheme for Women
The Oyo State Government and First Bank Nigeria Limited on Tuesday launched a gender-focused flexible loan scheme specially designed to empower women entrepreneurs in the...
It’s Official: Nokia 3310 mobile phone resurrected at MWC 2017
By BBC’s Leo Kelion Nokia’s 3310 phone has been relaunched nearly 17 years after its debut. Many consider the original handset iconic because of its...
Outrage as Indian-packaged garri sells in Nigeria
Nigerians on Monday expressed outrage after it emerged that Indian-packaged garri was being sold in the country. The garri is packed in a 500g bag,...
Edo To Establish Industrial Park In Twelve Months – Gov. Obaseki
Edo State Governor Godwin Obaseki said in the next twelve months the state will establish a real industrial part with 24 hours electricity that will...
Senate orders Ministry of Finance, Customs to suspend ban on car importation through land borders
The Senate has called on Nigeria Customs Service to immediately suspend the policy which has banned importation of vehicles through land borders since the beginning...