The Association of Bureaux de Change Operators of Nigeria has said that its annual turnover is now N1tn.

The Association of Bureaux de Change Operators of Nigeria has said that its annual turnover is now N1tn. The President, ABCON, Alh. Aminu Gwadabe, said this during a virtual event with the theme ‘BDCs’ operations: A trillion-naira sub sector, issues of formalisation, regulations and way forward’ organised by ABCON to beam light on key opportunities and challenges faced by the BDCs sub-sector. It also aimed to reiterate the key roles […]

April 15, 2021 20

BUSINESS

The Federal Government has reinforced the level of security at the Abuja, Lagos, Kano and other selected airports across the country.

The Federal Government has reinforced the level of security at the Abuja, Lagos, Kano and other selected airports across the country. Officials of the Federal Airports Authority of Nigeria confirmed on Wednesday that the reinforcement was part of measures deployed to tackle any form of attack by criminals. On Monday the Federal Ministry of Aviation directed FAAN to increase security at airports after the FMA detected plans by criminals to […]

April 15, 2021 24

NEWS

The international oil benchmark, Brent crude, surged by five per cent on Wednesday, after a report from the International Energy Agency, followed by US inventory data, boosted optimism about returning demand after the coronavirus lockdowns last year crushed fuel consumption.

The international oil benchmark, Brent crude, surged by five per cent on Wednesday, after a report from the International Energy Agency, followed by US inventory data, boosted optimism about returning demand after the coronavirus lockdowns last year crushed fuel consumption. Brent, against which Nigeria’s oil is priced, rose by $3.06 to $66.73 per barrel by 7:31pm Nigerian time on Wednesday. US crude inventories fell by 5.9 million barrels last week, […]

April 15, 2021 29

NEWS

Rolling Stones frontman, Sir Mick Jagger, has revealed the real story behind his long-lost rock ‘n’ roll memoirs.

Rolling Stones frontman, Sir Mick Jagger, has revealed the real story behind his long-lost rock 'n' roll memoirs. The singer previously refused to allow his autobiography to be published, at one point claiming he couldn't remember writing it in the 1980s. But speaking now, he explained that he really does not enjoy reliving his life, to the detriment of living in the now. Sir Mick said he gave up as […]

April 14, 2021 87

ENTERTAINMNET

Kanye West is moving forward with his split from Kim Kardashian and has submitted a response to the divorce papers she filed two months ago.

Kanye West is moving forward with his split from Kim Kardashian and has submitted a response to the divorce papers she filed two months ago. According to a legal response filed by the rapper's attorney, West, aged 43, requests joint legal and physical custody of their children: daughters North, 7, and Chicago, 3, and sons Saint, 5, and Psalm, who will turn 2 in May. West also asks for the […]

April 14, 2021 57

BUSINESS

The UN peacekeeping mission in Mali (Minusma) has condemned the assassination of a rebel leader who was a signatory to a 2015 peace accord.

The UN peacekeeping mission in Mali (Minusma) has condemned the assassination of a rebel leader who was a signatory to a 2015 peace accord. The mission said Sidi Brahim Ould Sidati "was an important player" in negotiations and implementation of the Algiers peace deal. Ould Sidati was the head of Coordination of Azawad Movements, a mostly ethnic Tuareg alliance that rose against the government in 2012 seeking greater autonomy. He […]

April 14, 2021 13

BUSINESS

Manufacturing sector’s intervention funds disbursed by the Central Bank rose to N803bn as of February.

Manufacturing sector’s intervention funds disbursed by the Central Bank rose to N803bn as of February. Figures obtained from the CBN reports on the Monetary Policy Committee has revealed. It stated that “Under the N1tn manufacturing intervention stimulus, the total of N803.36bn has been disbursed to 228 projects across various sectors in agro-allied, mining, steel production and packaging industries, among others. In May 2020, the CBN introduced guidelines for the implementation […]

April 14, 2021 11

BUSINESS

The Federal Airports Authority of Nigeria has said that drivers are prohibited from picking up passengers at the frontage of airport terminals.

The Federal Airports Authority of Nigeria has said that drivers are prohibited from picking up passengers at the frontage of airport terminals. This is as the agency called for compliance with all laid down protocols on COVID-19 to ensure the safety of all airport users. In a statement issued by the General Manager, Corporate Affairs, Henrietta Yakubu, FAAN said drivers can only approach the terminals when they want to drop […]

April 13, 2021 20

1

BUSINESS

Thirty-two refinery project licences issued to private investors in the country have become invalid in the past three years, according to the Department of Petroleum Resources.

Thirty-two refinery project licenses issued to private investors in the country have become invalid in the past three years, according to the Department of Petroleum Resources. The DPR has said that the number of valid refinery project licenses stood at 23 as of March 2021, down from 44 in April 2018. An analysis of the agency’s new list of valid refinery project licenses and that of April 2018 showed that […]

April 13, 2021 22 1

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