Saturday, April 20, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Business

Airlines risk $3,500 fine per passenger without COVID-19 test result

    Airlines risk $3,500 fine per passenger without COVID-19 test result

The federal government says airlines would be fined $3,500 per passenger for airlifting passengers without a negative COVID-19 test result. Sanni Aliyu, the coordinator of the presidential task force on

0 comment Read Full Article

CBN asks banks to take over electricity bills collection from DisCos

    CBN asks banks to take over electricity bills collection from DisCos

The Central Bank of Nigeria (CBN) has asked banks to take responsibility for collecting electricity bill payments. In a circular dated August 21, Bello Hassan, CBN’s director of banking supervision,

1 comment Read Full Article

‘No more middlemen’ — CBN bans third parties from getting forex via form M

    ‘No more middlemen’ — CBN bans third parties from getting forex via form M

The Central Bank of Nigeria (CBN) says it will no longer approve payment of foreign exchange to form M applicants who do so through a company and agent, thereby eliminating

3 comments Read Full Article

FAAN: Passengers arriving Nigeria must take COVID-19 test before travelling

    FAAN: Passengers arriving Nigeria must take COVID-19 test before travelling

The Federal Airports Authority of Nigeria (FAAN) says passengers intending to visit Nigeria upon resumption of international flights must undergo COVID-19 test within two weeks before travelling. Musa Shuaibu Nuhu,

0 comment Read Full Article

Court freezes 65 accounts for alleged forex manipulation

    Court freezes 65 accounts for alleged forex manipulation

A federal high court in Abuja has ordered the freezing of 65 bank accounts belonging to 12 firms and another

0 comment Read Full Article

A bull market dependent on a few big tech names

    A bull market dependent on a few big tech names

Six months ago, the most widely followed index in the US, the S&P 500, was down 34% from its peak.

0 comment Read Full Article

Tokunbo Abiru retires from Polaris Bank ahead of senatorial election to replace Osinowo

    Tokunbo Abiru retires from Polaris Bank ahead of senatorial election to replace Osinowo

Tokunbo Abiru, chief executive officer of Polaris Bank, has retired after completing his second two-year tenure at the helm of

0 comment Read Full Article

‘We owe contractors N336bn’ — Fashola seeks return of tolls on major roads

    ‘We owe contractors N336bn’ — Fashola seeks return of tolls on major roads

Babatunde Fashola, minister of works and housing, says the federal government owes contractors N336 billion.  Speaking on Arise Television on

0 comment Read Full Article

COVID-19: Nigeria’s economy shrinks by 6.1% in Q2

    COVID-19: Nigeria’s economy shrinks by 6.1% in Q2

Nigeria’s gross domestic product shrunk by six percent in the second quarter of 2020, a new report by the National

0 comment Read Full Article

CRR increase will not negatively impact profitability of banks, says Sterling Bank MD

    CRR increase will not negatively impact profitability of banks, says Sterling Bank MD

Abubakar Suleiman, managing director of Sterling Bank, says the Central Bank of Nigeria’s decision to increase the cash reserve ratio

0 comment Read Full Article
error: Content is protected from copying.