The International Air Transport Association (IATA) says foreign airlines’ revenue blocked from repatriation by the Nigerian government has increased to $743 million from $662m in January 2023. The association disclosed
Business
The Nigeria Inter-Bank Settlement System (NIBSS) says the value of e-payment transactions dropped to N37.67 trillion in February 2023. This figure represents a 4.83 percent decrease from the N39.58 trillion
The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson, announced the development in a
The Nigeria Labour Congress (NLC) has issued a seven-day ultimatum to the federal government to end the petrol and cash scarcity being experienced in the country. Joe Ajaero, NLC’s president,
HSBC Holdings Plc, a swiss private bank, has acquired Silicon Valley Bank UK Limited (SVB UK) for £1 ($1.2) SBV
Signature Bank Limited, a Nigerian financial institution, says it has no affiliation with the New York-based Signature Bank that was
The Centre for the Promotion of Private Enterprise (CPPE) says the Nigerian economy has lost an estimated N20 trillion to
The Federal Airports Authority of Nigeria (FAAN) says it will close runways 18R and 36L at the Murtala Muhammed International
Here are the seven top business news you need to track this week — March 13 to March 18. GUBERNATORIAL
Chukwuma Soludo, Anambra governor, says the Central Bank of Nigeria (CBN) has directed commercial banks to pay out old and
