Month: February 2020
The Central Bank of Nigeria (CBN) says it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks (DMBs). SEE ALSO: https://www.businesstimesng.com/microsoft-to-invest-1-1bn-in-mexico-over-next-5-years-ceo/ The CBN Director, Corporate Communications, Mr Issac Okorafor made the ...
The Joint Border Drill Operation Sector 4, says it has arrested 52 trailers suspected to be conveying contraband from Niger Republic into the country. SEE ALSO: https://www.businesstimesng.com/chamber-of-commerce-urges-seast-govs-to-develop-seaports-for-economic-growth/ Its Coordinator, Alhaji Aliyu Mohammed, told newsmen in Katsina ...
The Nigerian Investment Promotion Commission (NIPC) says it collated 29.91 billion dollars as investments announcements for 2019. SEE ALSO: https://www.businesstimesng.com/china-becomes-2nd-biggest-foreign-investor-in-philippines-in-2019/ These announcements were tracked through the NIPC Intelligence Newsletter, a publication by the commission. The report ...
Mr Sunday Thomas, the Acting Commissioner for Insurance, National Insurance Commission (NAICOM), has reiterated call for the amendment of some laws governing insurance practice in the country. SEE ALSO: https://www.businesstimesng.com/next-steps-us-kenya-free-trade-agreement/ Thomas made the call at a ...
The market indicators of the Nigerian Stock Exchange (NSE) on Friday declined by 0.65 per cent, amid loss posted by Nestle. SEE ALSO: https://www.businesstimesng.com/mdxi-unveil-first-locally-available-microsoft-stack-cloud/ Specifically, the All-Share Index which opened at 27,568.91 shed 180.29 points or ...
The Buhari Media Organisation (BMO) says the 2.9 percent economic growth projection by the Federal Government for 2020 is achievable in spite of downward projection by the International Monetary Fund (IMF). SEE ALSO: https://www.businesstimesng.com/son-advises-firms-measures-boosts-consumers-confidence/ A statement ...
The Federal Competition and Consumer Protection Commission (FCCPC) has summoned British Airways Plc management for rights violation and failure to provide accommodation and transportation to passengers aboard flight BA0075 from London to Lagos. READ ALSO: https://www.businesstimesng.com/coronation-merchant-bank-allays-fears-of-naira-devaluation-in-2020/ ...
Zenith International Bank Plc on Friday announced a profit after Tax of N208.8 billion for the financial year ended Dec. 31, 2019. SEE ALSO: https://www.businesstimesng.com/son-advises-firms-measures-boosts-consumers-confidence/ The bank said that the profit represented a growth of eight ...
In a bid to take some loads off Apapa and expand the maritime potential of Lagos State, Westron Properties Nig. Ltd., has opened up the Ijegun Port City. READ ALSO: https://www.businesstimesng.com/coronation-merchant-bank-allays-fears-of-naira-devaluation-in-2020/ The Chief Executive Officer of ...
According to their website, Tizeti supposedly “provides high-speed broadband internet to Residences, Businesses, and Events etc.” while Wifi.com.ng is the internet service provided by Tizeti Network Limited. Now the first statement you see when you ...
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