The Central Bank of Nigeria (CBN) said there was no time the bank banned the activities of Cryptocurrencies in the country. The Governor of the bank, Godwin Emefiele, disclosed this in Abuja at the 30th seminar for Finance Correspondents and Business Editors organised by the bank. Emefiele, who was represented …
Read More »Business
Chicason Recycling Company, Nnewi Opens In Anambra. Buys Refuse From Residents
Multimillion Recycling Plant Opens In Anambra. Buys Refuse From Residents Chicason Recycling company, Nnewi has started buying wastes from people even as they are still fixing the machines and doing some finishing works in the recycling factory section This could possibly be the biggest recycling company in Nigeria. It’s just …
Read More »DSTV To Feature 3 Northern TV Stations
MultiChoice Nigeria Limited has said it will consider three television stations on its DSTV platform. The decision followed a parley organized by the management of the National Broadcasting Commission (NBC) between MultiChoice and CNG. Recall that CNG had in a petition accused MultiChoice Nigeria Limited, owners and operators of DSTV, …
Read More »Union Bank Reports 1.2% Rise In Profit After Tax To ₦24.7 Billion In 2020
Declares 25 kobo dividend per 50 kobo share Business fundamentals strengthened despite Covid-19 impact March 18, 2021: Union Bank has released its audited financial statements for the year ended 31st December 2020. The Bank’s results for the period show sustained growth in key income lines and significantly improved fundamentals notwithstanding a …
Read More »Air Peace Takes Delivery Of Second Brand New E195- E2 Aircraft
Nigeria’s largest airline, Air Peace, on Thursday took delivery of its second brand new Embraer 195- E2 aircraft out of 13 it ordered for in 2019. This comes two months after it acquired the same kind of aircraft amidst pomp and pageantry. The second delivery arrived at the Nnamdi Azikiwe …
Read More »OPPO Launches Reno5 Smartphone Series
OPPO is unveiling two new models in the Reno5 Series, with the Reno5 and Reno5 F packing massive improvements over the previously released Reno3 Series. The global smartphone giant doesn’t look like it is slowing down anytime soon, as it makes yet another statement by these Flagship killers into the …
Read More »FG Approves $1.5bn For Rehabilitation Of Port Harcourt Refinery
The Federal Executive Council on Wednesday approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5bn. The decision was taken at the weekly meeting of the council presided over by the President, Major General Muhammadu Buhari (retd.). The Minister of State for Petroleum …
Read More »Night Club Owners to Sanwo-Olu: Let us open for our economic survival
In view of the successes being recorded by the Lagos State Government in reducing the spread of the deadly Coronavirus disease, Night Club owners have pleaded with the State Governor, Mr. Babajide Olusola Sanwo-Olu to consider the reopening of their businesses, just as they promised to ensure strict adherence to …
Read More »Bitcoin Update: Analyst Sees Final Push To $67,000 Before “Strong” Bearish Breakdown
Bitcoin Update: Analyst Sees Final Push To $67,000 Before “Strong” Bearish Breakdown It is likely for Bitcoin to print a new record high before undergoing a bearish correction, according to market analyst Vince Prince. The crypto market influencer said in a note published Monday that the BTC/USD exchange rate could climb to …
Read More »FG Fixes Dates To Reopen Kano, Enugu, PH Airports For International Flights
The federal government has announced dates for the reopening of Kano, Enugu, and Port Harcourt airports, for international flights. Speaking at the weekly briefing of the presidential taskforce (PTF) on COVID-19 on Monday, Hadi Sirika, minister of aviation, said Kano, Port Harcourt and Enugu airports will be reopened for international …
Read More »