Thursday, June 27, 2019
Business

Business

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Zenith Bank has sent a notice to its customers limiting international transactions on their naira cards to just $1,000 a month. Until now, card holders could withdraw cash of $300 daily while total transactions would be a maximum of $50,000...
President Muhammadu Buhari, Friday in Abuja directed the Federal Ministries of Works and Lands, Housing and Urban Development to urgently prepare and present for approval and implementation, a plan of action for the speedy revitalisation and expansion of the...
Lagos State Governor, Akinwunmi Ambode has given all tank farm owners in Apapa area of the state 90 days ultimatum to build loading bays or be shut down. The governor also announced full scale enforcement of the Lagos Road Traffic...
German airline Lufthansa said it will cancel 290 flights Friday, the first day of a planned week of walkouts by cabin staff in a long-running dispute over cost-saving measures. Some 37,500 passengers would be hit by the nine-hour strike scheduled...
Nigeria hopes the first phase of a light railway aimed at easing traffic jams in the commercial hub Lagos will be ready within 13 months, and is inviting bidders for an expansion, Lagos State Governor Akinwunmi Ambode said on...
I get the most calls on my birthday. People from all over ‘whole-wide-world’ call in to wish me well… yeah yeah, I’m popular like that. However, let me paint a scenario… …ring ring… Me: “Hello” Caller: “Hi sweetheart, happy birthday to you…...
Truecaller announced today that their global community has reached the 200 million user milestone, doubling its user base in less than 10 months. With this milestone comes a new feature bringing richer information to the screens of Truecaller users...
The Supreme Court sitting in Abuja on Thursday fixed January 29, 2016 for judgment in the lingering dispute between an indigenous oil firm, Brittania-U Nigeria Limited and Chevron Nigeria Limited over the sale of juicy oil blocks. The five-man panel...
Between January and September this year, Nigeria lost about N48bn to crude oil theft, the Nigerian National Petroleum Corporation has said. According to the corporation, the N48bn is aside what the losses recorded by the NNPC during the period under...
The CBN has said that the Bank Verification Number, BVN, requirement for foreign exchange transactions posed no security risks to the bank accounts of those purchasing forex. Spokesman of the bank, Alhaji Ibrahim Mu’azu, said in a statement in Abuja, yesterday,...
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