Sunday, June 16, 2019
The Central Bank of Nigeria, (CBN) has been directed to blacklist any firm, its owner and top management caught smuggling or dumping any of the restricted 43 items into Nigeria. The Presidential directive was disclosed by the CBN Governor, Mr....
Aminat Isah, Abuja The Federal Government through the Department of Petroleum Resources (DPR) has revoked five oil mining licences (OML) and one oil prospecting licences (OPL) belonging to five companies, among them, Summit Oil, a company established by the late...
  Authority of the Kwara State University, (KWASU), Malete on Thursday signed an agreement with an  indigenous Agricultural Revolutionary Company,  Heart and Capital Nigeria Limited on the cultivation of 500 hectares of land. The Memorandum of Understanding (MoU) was signed by...
  By Aminat Isah, Abuja The sum of N235bn out of the N330bn fine imposed on MTN Nigeria Communications Limited, ROYAL NEWS has gathered. It would be recalled that the Nigerian Communications Commission, (NCC), had in October 2015 fined the mobile telecommunications...
Senate on Thursday confirmed renewal of appointment of Dr Godwin Ifeanyi Emefiele as Governor of the Central Bank of Nigeria, CBN, for another five year tenure in office. The Senate's confirmation of Emefiele's reappointment  as CBN Governor was sequel to...
Senate on Tuesday began the process of confirming Mr. Godwin Emefiele as the Central Bank of Nigeria, CBN governor for another term of five years, when the upper legislative chamber referred the executive communication from President Muhammadu Buhari to...
President Muhammadu Buhari has nominated Godwin Emefiele for a second term as governor of the Central Bank of Nigeria (CBN). Emefiele was first appointed in 2014 by former president Goodluck Jonathan and was retained when Buhari came to office in...
Experts in the Forex Market have expressed concerns over Nigerians low participation in forex trading business, which is reportedly the largest financial market in the world with a daily turn over of 7.2trillion dollars. Speaking at the Hantec Global Financial...
The Nigerian National Petroleum Corporation, NNPC,  says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and Operations Report for the month of January released in Abuja on Sunday. “Within the period under...
The current crisis facing the Western Metal Products Company has led to the closure of no fewer than 19 enamelware firms, while 250,000 jobs along the steel and enamelware value chain are also about to end, investigations by our...