Business

As directed by the Central Bank of Nigeria, banks, on Saturday in Osogbo resumed operation while some customers were seen withdrawing money from the Automated Teller Machines (ATMs) . A visit by OSBC Correspondent to some banks in Osogbo like UBA, Wema among other, customers were seen on queues apparently …

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations. The CBN has also directed all commercial banks to open for operation on Saturdays …

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations. The CBN has also directed all commercial banks to open for operation on Saturdays …

President, Muhammadu Buhari, has signed two bills recently passed by the National Assembly into law. The Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Nasiru Ila, made this known in a statement he issued on Thursday and titled ‘ Buhari Assents to Copyright Right, Federal …

The Federal Executive Council (FEC) has approved N453.90 billion for the purchase of rolling stock, operational, and maintenance equipment for the ongoing under-construction Kano-Maradi standard gauge rail line. The Minister of Transportation, Mu’azu Jaji Sambo, disclosed this to State House Correspondents after this week’s Federal Executive Council meeting chaired by …

The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 50 basis points to 18. per cent. The CBN Governor, Godwin Emefiele, disclosed this while reading the communiqué of the second MPC meeting of the year on Tuesday. Addressing journalists at …

Fire has gutted the Gamboru market around the Custom area in Maiduguri, the Borno State capital. The Gamboru market is the biggest perishable goods market in Maiduguri. Although the remote cause of the fire is still sketchy as of press time, Meanwhile, it was gathered that goods worth millions may …

President Muhammadu Buhari has indicated a wish to see the foundation laid by his administration in the war against graft sustained by successive governments in the country. The President gave the indication today when he met with the management of the Code of Conduct Tribunal led by its Chairman, Danladi …

The Southern and Middle-Belt Leaders Forum (SMBLF) has berated the Independent National Electoral Commission (INEC) over its conduct of the presidential and National Assembly elections and also faulted the Federal Government’s naira redesign policy. In an open letter signed by the leaders of the Forum – Edwin Kiagbodo Clark, OFR, …

The Federal Executive Council has also approved the Nigeria Agenda 2050, a plan aimed at increasing real GDP growth by seven per cent, creating 165 million new jobs and reducing the number of people living in poverty to 2.1 million in 2050. This is coming about 29 months after President …