Business

Effective Wednesday, September 18, cash deposits and withdrawals from individual bank accounts are to attract addition charges, the Central Bank of Nigeria said on Tuesday. In a circular to all deposit money bank (DMBs), the Director, Payments System Management Department at the CBN, Sam Okojere, said henceforth 3 percent processing ...

All is now set for the “Zenith Bank Aspire Music Festival” holding on Saturday, September 21, 2019 at the Harbour Point Event Centre, Victoria Island, Lagos by 5pm. Dubbed as the most anticipated entertainment event of the year, the breathtaking festival promises to be a night to remember, as it ...

American billionaire and philanthropist, Bill Gates, has said that Nigeria has one of the lowest domestic revenues at just six per cent of GDP compared to 15 per cent in some other countries. This, he said, is perhaps one of the reasons why the largest black nation has a problem ...

Fulani herdsmen from Chad, Niger and other neighbouring countries will benefit from the National Livestock Transformation Plan, the Bauchi State Governor, Bala Mohammed, has said. Mohammed, who was a guest on Channels Television’s Sunrise Daily on Monday, said since Fulani herdsmen are nomadic, it would be inappropriate to deprive them from ...

Following public criticisms that have greeted his appointment to the budget ministry, Seun Onigbinde has now turned down the appointment. Mr Onigbinde, co-founder of BudgIT, a civic group committed to government financial transparency, announced his resignation on Monday. Mr Onigbinde had last week announced his decision to accept a technical ...

Two drone strikes on Saudi Arabian oil facilities by Yemen rebels have reduced the country’s production by half and threatened to push up crude prices. Some experts have warned that with the projected production shortage of 155 million barrels per month as a result of the strikes, oil prices could go ...

Fidelity Bank Plc, top Nigerian lender has handed over a well-equipped, state-of-the-art Kitchen/Catering Laboratory for the use of students at the Girls Correctional Home, Idi-Araba, Lagos. The project, according to the bank, is a clear demonstration of its unwavering support towards enhancing the lives and wellbeing of less privileged members ...

Following the immense success of its drama series, The Men’s Club (TMC), REDTV is about to launch its own chat show, Red Hot Topics. The show follows a panel of young people discussing current and hot topics that affect everyday life. They will openly and frankly touch on topics ranging from equality ...

The Association of Professional Party Organizers and Event Managers of Nigeria (APPOEMN), is set to convene TEIC 2019, a 3-day transformational network of learning and cutting edge exponential conference for members of the association from September 18 to 22 2019. Addressing the press in Lagos on Sunday September 8, Vice ...

The Minister of Works and Housing, Babatunde Fashola, on Monday said that there was no case of inflation in the various contracts awarded by the Nigerian government in 2018. The minister, who was reacting to allegations of contract inflation levelled against his ministry by the Bureau of Public Procurement (BPP), ...