ShareBy Aluta News Aug 21, 2021 The Central Bank of Nigeria (CBN) has called on the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) to support its five-year policy aimed at growing the economy. Mr Osita Nwanisobi, Ag. Director, Corporate Communications Department CBN, made the call at aContinue Reading
ShareBy A luta News Aug 20, 2021 The Corporate Affairs Commission (CAC) says the two new forms of business registrations provided by CAMA, 2020 will be available for Nigerians by the end of August. Alhaji Garba Abubakar, Registrar General of the commission, made this known in a statement by MrContinue Reading
ShareBy Aluta News Aug 19, 2021 Trading in the local bourse, returned to positive mood on Thursday, following bargain- hunting in MTN Communications and 22 other stocks. Specifically, the market capitalisation inched higher by N65 billion or 0.32 per cent, to close at N20.668 trillion from N20.603 trillion on Wednesday.Continue Reading
ShareBy Aluta News Aug 17, 2021 The Police on Tuesday arraigned a 36-year-old bank staff, Tosin Adeyemi, before a Magistrates’ Court in Ibadan for an alleged fraudulent transfer of N10 million from a customer’s account. Adeyemi was charged with one-count offence of fraudulent transfer of customer’s money. The Police Prosecutor,Continue Reading
ShareBy Aluta News Aug 8, 2021 The Nigeria National Petroleum Corporation (NNPC) says its group operating revenue in April increased by 17.73 per cent amounting to N535.61 billion. The Corporation disclosed this in its Monthly Financial and Operations Report (MFOR) for the month of April 2021 released in Abuja, onContinue Reading
ShareBy Aluta News Aug 8, 2021 Dr Chinyere Almona, Director-General, Lagos Chamber of Commerce and Industry (LCCI) has charged the Federal Government to value and utilise its assets to generate more revenue for the country and increase foreign exchange inflows. Almona gave the advice in a statement on Sunday, sayingContinue Reading
ShareBy Aluta News Aug 6, 2021 Wema Bank Plc says that the capital raising exercise of N40 billion will hit the market in September, barring unforeseen circumstances. The bank’s Deputy Managing Director, Mr Moruf Oseni, said this at the company’s Half Year 2021 investors/analysts presentation on Friday in Lagos. OseniContinue Reading
ShareBy Aluta News Aug 5, 2021 The Gov. of Central Bank of Nigeria (CBN) Dr Godwin Emefiele on Thursday disclosed that at the end of June 2021, commercial banks in Nigeria refunded N89.2 billion to customers over complaints. Emefiele made the disclosure during a CBN Fair held simultaneously in CrossContinue Reading
ShareBy Aluta News Aug 5, 2021 The Federal Executive Council (FEC) has approved the acquisition of 20 per cent minority stakes by the Nigerian National Petroleum Corporation(NNPC) in the Dangote Petroleum and Petro-Chemical Refinery. Timipre Sylva, Minister of State for Petroleum Resources, briefed State House correspondents after the virtual FECContinue Reading
ShareBy Aluta News Aug 4, 2021 Director-General, Small and Medium Enterprises Development Agency (SMEDAN), Dr Dikko Umaru-Radda, on Tuesday said the sub-sector had provided over 41 million businesses and 59 million employment opportunities in Nigeria. Umaru-Radda said this at the opening ceremony of 2021 Micro, Small and Medium Enterprises (MSMEs)Continue Reading