Business

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CBN releases N10.4b for farmer support services in Borno

The Central Bank of Nigeria (CBN) on Friday said that it had allocated N10.45 billion to augment farmer support services and encourage agricultural activities in Borno.

Etisalat Nigeria changes name to 9Mobile

Etisalat had terminated a management agreement with its Nigerian arm and will phase out the brand in three weeks.

Customs impounds N11.6m used tyres, arrests 15 suspects

The Federal Operations Unit (FOU) Zone 'A' of the Nigeria Customs Service (NCS) has impounded over 2,149 pieces of used tyres.
The used tyres were extracted from two containers in a Dangote truck with a Duty Paid Value (DPV) of N11, 604, 600.

Maritime workers protest NPA Repeal Act Bill

Operations across the nation’s seaports were today stagnated as labour unions protested against the Ports and Harbour bill pending at the National Assembly.
The union leaders alleged that the planned bill is bias and selfish.

Half year scorecard: How Tincan Customs netted N130b

The Nigeria Customs Service, Tincan Island Command, Lagos said it collected a total of N130,006,136,996.36 between January to June, 2017 into the Federation coffers.

NSE lifts suspension on Sovereign Trust Insurance

One of the 17 companies whose shares trading were suspended on the floor of the Nigeria Stock Exchange (NES), Sovereign Trust Insurance has regained its earlier status.

Breaking: Etisalat pulls out of Nigeria after loan talks collapse

Abu Dhabi’s Etisalat has terminated its management agreement with its Nigerian arm and given the business time to phase out the brand in Nigeria, the chief executive of Etisalat International told Reuters on Monday.

How Titi Abubakar’s firm was sold to Indian company – EFCC

A retired detective with the Economic and Financial Crimes Commission (EFCC), Mr Dickson Graymond Thursday narrated how a pastor, Nsikakabasi Akpan-Jacobs, allegedly scammed Titi Atiku, wife of former Vice President Abubakar Atiku of N918million.

Oil retreats after bull run, on rising OPEC exports, strong dollar

Oil prices fell more than 2 percent on Wednesday, ending their longest bull-run in more than five years, as climbing OPEC exports and a stronger dollar turned sentiment more bearish.

icrofinance banks loans to MSMEs hit N214b in Dec 2016 — CBN

The Central Bank of Nigeria (CBN) on Friday said that total credit granted by Microfinance banks to Micro Small and Medium Enterprises (MSMEs) has hit N214.32 billion as at December 31, 2016.

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