Monday, April 12, 2021
MARKET UPDATE

TheCable

Advertisement

Top of the Day

Atedo Peterside: PH refinery generated zero revenue in 2019 — yet incurred N47bn expenses

    Atedo Peterside: PH refinery generated zero revenue in 2019 — yet incurred N47bn expenses

Atedo Peterside, founder of Stanbic IBTC and Anap Foundation, says the Port Harcourt refinery in Rivers state generated no revenue in 2019. Peterside said the refinery incurred processing and administrative

0 comment Read Full Article

‘We can’t continue subsidy’ — NNPC GMD says petrol may sell for N234 per litre

    ‘We can’t continue subsidy’ — NNPC GMD says petrol may sell for N234 per litre

Mele Kyari, general managing director (GMD) of the Nigerian National Petroleum Corporation (NNPC), says the company cannot continue to bear the subsidy burden. The Petroleum Products Pricing Regulatory Agency (PPPRA)

5 comments Read Full Article

‘We’ve invested so much in Nigeria’ — Yoruba elders disown Igboho over secession bid

    ‘We’ve invested so much in Nigeria’ — Yoruba elders disown Igboho over secession bid

Kunle Olajide, secretary-general of Yoruba Council of Elders (YCE), says Sunday Adeyemo, a Yoruba youth leader popularly known as Sunday Igboho, does not represent the Yoruba people in his call

0 comment Read Full Article

CBN said Herbert and I were too young to buy Access Bank, Aig reveals in new book

    CBN said Herbert and I were too young to buy Access Bank, Aig reveals in new book

Aigboje Aig-Imoukhuede, former group managing director of Access Bank, says officials of the Central Bank of Nigeria (CBN) delayed the approval for the acquisition of the lender in 2001 on

4 comments Read Full Article

FULL LIST: Money transfer operators authorised by CBN to facilitate remittances

    FULL LIST: Money transfer operators authorised by CBN to facilitate remittances

The Central Bank of Nigeria (CBN) has released a list of approved international money transfer operators (IMTOs). IMTOs accept cash

0 comment Read Full Article

Ortom: How herdsmen opened fire on my convoy

    Ortom: How herdsmen opened fire on my convoy

Samuel Ortom, governor of Benue, has narrated how gunmen suspected to be herdsmen attacked his convoy on Saturday. The incident

0 comment Read Full Article

EXCLUSIVE: How Buhari stopped Monguno’s $2.5bn arms deal with UAE merchants

    EXCLUSIVE: How Buhari stopped Monguno’s $2.5bn arms deal with UAE merchants

President Muhammadu Buhari withdrew an approval for Babagana Monguno, the national security adviser (NSA), to buy arms worth $2.51 billion

2 comments Read Full Article

CBN reduces charges on USSD transactions to N6.98

    CBN reduces charges on USSD transactions to N6.98

Mobile Network Operators (MNOs) and Deposit Money Banks (DMBs) have agreed to reduce the charge on customers using unstructured supplementary

0 comment Read Full Article

INSIDE STORY: How herders-farmers crisis has turned Nigerians to refugees in Benin Republic

    INSIDE STORY: How herders-farmers crisis has turned Nigerians to refugees in Benin Republic

As soon as Biodun Sango, a resident of Ashaga village in Yewa North LGA of Ogun, began to hear the

0 comment Read Full Article

APPLY: CBN reopens N50bn COVID loan portal for households, businesses

    APPLY: CBN reopens N50bn COVID loan portal for households, businesses

The Central Bank of Nigeria (CBN)  is receiving applications for its N50 billion targeted credit facility (TCF) aimed at supporting

95 comments Read Full Article