Business
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HOME OWNERSHIP: CBN introduces construction facility
THE Central Bank of Nigeria, CBN, has introduced a construction finance facility to enable Family Homes Fund Limited to implement…
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13 power plants shut, Discos reject 8,733.39MW in one week
While many Nigerians were still smarting from the hike in electricity tariff, power generation in the country dropped on…
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AMUZU CONDEMNS FUEL, ELECTRICITY HIKE SAYS IT IS ANTI-PEOPLE
By Folake Sokoya A community leader in Ogun State, Chief Toyin Amuzu has condemned the recent hike in prices of…
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Six DisCos declare force majeure over CBN policy on revenue collection
Six electricity distribution companies (DisCos) have filed for force majeure over a decision by the Central Bank of Nigeria (CBN)…
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DisCos hike electricity rates as new tariff begins Tuesday( Today)
The power Distribution Companies (DisCos) are already hiking electricity rates despite the effects of the COVID-19 as a three-month tariff…
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FG Shifts Resumption Of International Flights To September 5
The Nigerian Civil Aviation Authority (NCAA) on Thursday said the resumption of international flights has now been shifted to September…
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COVID-19: We lost N17.5bn in aeronautic charges to lockdown, says FAAN
The Federal Airport Authority of Nigeria (FAAN) says it lost N17.5 billion in aeronautic charges during the 23-week period that…
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FG approves N10bn palliative for transport operators
The Federal Government has approved N10billion as a palliative for transport workers and operators. According to the Minister of State…
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Access bank confirms fire outbreak, commences investigation
Africa’s leading bank ,Access Bank PLC has confirmed the fire outbreak that took place at one of its branches located…
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CBN spends N75bn to print banknotes in 2019
THE Central Bank of Nigeria, CBN, said it spent N75 billion to print banknotes in 2019. This represents N11.5 billion…
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