Announcing the decision in Abuja on Wednesday, CBN’s Director, Corporate Communications, Isaac Okorafor, said the actions on the Bank became necessary following allegations of remittance of foreign exchange with irregular Certificates of Capital Importation issued on behalf of some offshore investors of MTN Nigeria Communications Limited and subsequent investigations carried out by the apex bank in March 2018
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Recently remodeled with gorgeous niceties, the Tucson is Hyundai’s icing on the cake, and could prompt a gawk among competitive SUV marques.
This is against the 339.681 million shares worth N5.50 billion traded in 3,394 deals on Tuesday, representing 1.58 per cent increase in volume.
The Bank of Agriculture on Wednesday disclosed that the Federal Government has saved about 800 million dollars by encouraging local production of rice in the country.
Nigeria is to begin the production of pulses for export to India by 2019, Chief Audu Ogbeh, Minister of Agriculture and Rural Development, has said.
A document obtained from the Debt Management Office on Wednesday in Abuja, titled: ‘States, Federal Capital Territory and Federal Governments’ External Debt Stock as at June 30, 2018,’ also detailed other states’ external debts.
Speaking briefly before signing the agreements, President Muhammadu Buhari stated that Nigeria and the United Kingdom would continue to enhance their cooperation in tackling corruption and reducing poverty.
Fatimah Aliyu, a Deputy Director, Rice Value Chain in the ministry, stated this in Abuja.
Nigerian off-grid energy investment company, All On, has announced its partnership with the African Development Bank, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital towards a $58 million first close for the Off-Grid Energy Access Fund.
He said when in place, the structure would ensure strict compliance with the global best standards in tax laws.
The Nigeria Incentive Based Risk Sharing System for Agricultural Lending says it has facilitated the flow of N77.7 billion from commercial banks into the agric-business sector of the country.
Executing the sealing order on the premises on Tuesday, the Senior Special Assistant to Governor David Umahi on Internal Security, Dr. Kenneth Ugbala, explained that the action was part of Executive Council’s decision to safeguard the lives of the citizens.
In line with its tradition of deepening the savings culture by rewarding and encouraging its loyal customers, UBA has launched a new savings promo, UBA Wise Savers Promo.
The corporation disclosed this in a statement signed by its spokesman, Ndu Ughamadu, in Abuja on Tuesday.
The News Agency of Nigeria reports that a resident of the area, Christiana Ibili, 34, reportedly purchased the commodity, which allegedly caused an explosion in a public residence on August 24.
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, debunked the allegation during an investigative hearing by House of Representatives Committee on Gas Resources and Allied Matters in Abuja.
President Muhammadu Buhari says his administration is repositioning the nation’s maritime sector to drive the economy and promote diversification.
The Central Bank of Nigeria has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange to customers.
Nigerian Social and Economic Research Institute in Ibadan on Tuesday called for more rural electrification projects to boost power supply across the country.
Lagos State Government on Tuesday said the price of Lake Rice would remain stable as the commodity floods markets across the state.