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June, 2017

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March, 2017

  • 30 March

    Breaking – Governor of Central bank Resigns

    exchange rate

    Reports are the governor of central bank has resigned this evening for personal reasons. Nashiru Issahaku, who is governor of Ghana’s central bank, resigned just after one year in office. Former President John Mahama appointed Issahaku in April 2016 but Mahama lost an election in December, creating uncertainty over the …

  • 28 March

    Report – You can now get dollars N360/$1 across banks

    naira exchamge

    The Central Bank of Nigeria (CBN) has ordered all banks in the country to halt the trade the naira at N375 per dollar for invisibles, which include school fees, medical bills and travel allowances. The order from the CBN, on Monday morning, noted that all Nigerians can now get the …

  • 23 March

    Breaking – Naira recovers to 390/$1, first time since 2016

    naira exchamge

    Today saw good gains as the dollar continued to diminish against the Nigerian naira, with the local currency trading at N390 to the greenback on Thursday evening in Abuja. Reports have it that the Naira had also gained good points against the Euro, which traded at N400 while remaining stable …

  • 20 March

    Finally, AMCON sells Keystone Bank


    Early this morning, Asset Management Corporation of Nigeria (AMCON) has announced the sale of Keystone Bank, one of Nigeria’s commercial banks. Reports have it that AMCON however sold the bank to Sigma Golf Nigeria Limited and Riverbank Investment Resources Limited (the Sigma Golf – Riverbank consortium). Keystone bank, formerly known …

  • 18 March

    Checkout – NNPC to recover N11bn missing petrol from Capital Oil


    The Nigerian National Petroleum Corporation (NNPC) on Friday announced measures to achieve full recovery of over 130 million litres of premium motor spirit (PMS) worth N11 billion from Capital Oil & Gas Limited. The product stored in the facilities of two indigenous downstream operators, MRS Limited and Capital Oil & …

  • 16 March

    INTELS acquires a N1.83 billion Crane, the largest in Africa

    In line with INTEL’s commitment of making Nigeria the hub of Oil and Gas logistics services in Africa, INTELS Nigeria Limited has acquired one of the largest port handling cranes in the world – a 600 tonnes Liebherr crane worth USD6 million (N1.83 billion). The crane, which has been deployed …

  • 15 March

    Emirates Airline Recruitment Application Form


    Emirates Airline is looking for Nigerians to fill the following positions –basic salary $1153 USD + every flying hour will be paid apart Important! The minimum qualifications interested applicants are : SSCE / -neco / GCE / NCE / ND / HND / BSC / apply applying as an individual and women must …

  • 15 March

    Breaking – Customs suspends payment of duties on vehicles


    The Nigeria Customs Service (NCS) says it has suspended its planned extraction of duty on private vehicles. Joseph Attah, acting spokesman of the service, said this in a statement on Wednesday. He said the suspension of the action was to allow for discussions with the senate committee on customs and …