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Wednesday, January 27, 2021

Guinness Nigeria Acquire Rights to distribute McDowell’s

Guinness Nigeria Plc has agreed to acquire the rights to distribute McDowell’s a mainstream spirit brand of United Spirits Limited (USL) in Nigeria. USL...

Fed Govt pushes for 5% interest on agric loans

The Federal Government yesterday urged the Central Bank of Nigeria (CBN) to reduce the lending rate to farmers in the country to five per...

NDIC releases framework for insuring non – interest banking deposits

The Nigeria Deposit Insurance Corporation (NDIC) has developed a framework for insuring liabilities on non-interest banking deposits in the country. The development was sequel...

Reps direct CBN to order refund of COT charges by banks

The House of Representatives has mandated the Central Bank of Nigeria (CBN) to order Deposit Money Banks (DMBs) to refund all Commission On Turnover...

AMCON to sell 79.3% ownership in PAN

In its bid to divest its stake from Peugeot Automobile Nigeria Limited, PAN, Asset Management Corporation, AMCON, yesterday called on the investing public to...

States free to explore, exploit mineral resources

Fayemi - State governments are now free to explore and exploit the mineral resources in their domains provided such is done legally without interfering...

114 Lagos roads to cost N17.5bn

The 114 inner roads to be constructed in the 57 councils of Lagos State will cost N17.5bn.The roads, which will be constructed two per...

SEC Commences e-Dividend Campaign

In a bid to further enlighten investors on the recently launched e-Dividend Platform, the Securities and Exchange Commission (SEC) has embarked on a four...

BGL Group To face SEC APC over Fresh N2.9bn Complaints by Investors

The Securities and Exchange Commission (SEC) has invited BGL Securities Limited, BGL Assets Management Limited and their sponsored individuals to appear before the SEC...

BUA Divests from Flour Mills Business in $275m Deal

BUA Group, one of Nigeria's largest foods and infrastructure conglomerates, has announced the divestment of its flour business to Olam International, a leading agri-business...

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CBN  Monetary Committee Retains Interest Rate At 11.5% …To Restructure Commodity Exchange

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday, at the end of its meeting, announced that the committee unanimously...

COVID-19: CACOVID  Supplies FG With Oxygen To Stem High Death Rate

Fighting against the second wave of coronavirus pandemic, the private sector Coalition Against COVID-19 (CACOVID), has supported the Federal Government with the supply of...

Fidelity Bank Hosts National Capacity Building Webinar For SMEs Maiden Enugu Edition To Empower...

Fidelity Bank Plc, top Nigerian lender is set to organise a National Capacity Building Webinar For Small Medium Enterprises (SMEs) in the country. The...