NLC gives govs Dec 31 deadline for new minimum wage implementation
Businessam StaffDecember 12, 2019
The Nigeria Labour Congress (NLC) says it will not “guarantee industrial peace and harmony in states which fail to conclude
Banks refund N76.7bn, $20.9m to customers —CBN
Businessam StaffDecember 12, 2019
The Central Bank of Nigeria has said the amount of money refunded to bank customers as of November 30, 2019, stood at N76.75 billion
Nigeria to spend N750.81bn on fuel subsidy in 2020
Businessam StaffDecember 11, 2019
The federal government is expected to spend N750.81bn on petrol subsidy in 2020, latest data from the Petroleum Products Pricing
Senate probes CBN over N20tn unremitted stamp duty
Businessam StaffDecember 11, 2019
The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20tn into the Federation Account by the
CBN: Electronic payments hit N424tn in nine months
Businessam StaffDecember 11, 2019
The Central Bank of Nigeria (CBN)’s cashless policy has received a boost as the total value of transactions through various electronic
Nigeria, Ghana top list of markets to watch for key LNG project developments
Businessam StaffDecember 10, 2019
By Samson Echenim
CBN to raise LDR to 70% by 2020
Businessam StaffDecember 10, 2019
The Central Bank of Nigeria will increase banks’ loan to deposit ratio to 70 per cent by 2020. Hassan Bello, the CBN director, banking
Russian oil major returns to Libya after 5 year break
Businessam StaffDecember 10, 2019
The National Oil Corporation of Libya has announced that Russia’s Tatneft has returned to its exploration project in the North African
AMCON takes over oil firm over N29b debt
BusinessamliveDecember 10, 2019
The Asset Management Corporation of Nigeria (AMCON) on Monday took over Cedar Oil & Gas Exploration and Production Limited over
APC govt inherited $63.8bn debt, not $7bn, says DMO
BusinessamliveDecember 10, 2019
The Debt Management Office (DMO) has debunked a recent statement reportedly made by. Obadiah Mailafiya, a former deputy governor of