Business

Rejection of old Naira notes: Kogi gov. threatens to seal erring banks, prosecute people rejecting it 

Kogi Gov. Yahaya Bello has sounded a note of warning to banks which reject old notes in the state that they will be...

CBN rolls out guidelines for open banking

In a bid to enhance efficiency, competition, and access to financial services in the country, the Central Bank of Nigeria (CBN) has rolled...

Racism: Seplat CEO, Roger Brown in trouble as his visa, residence, work permits are revoked 

Following allegations of racism, favouring of foreign workers, and discriminating against Nigerian employees levelled against him, the work permit, visa, and residence permit...

April 2023 population census: Leverage technology to reduce human errors, UBA Chairman, Elumelu, urges NPC

As the nation prepares for the April census, Mr Tony Elumelu, the Chairman, United Bank for Africa (UBA) Plc and Heirs Holdings Group,...

Court adjourns Seplat’s alleged defamation suit against media house to April 26

The defamation suit brought against Persecond News Limited by Seplat Energy Plc was on Thursday adjourned until April 26 following the absence of...

Maiden flight recorded at new Ogun cargo airport

The first aircraft on Thursday touched down at the newly constructed Gateway International Agro-Cargo Airport in Iperu-Ilishan in Ogun State. Valuejet airline which...

Exclusive! All 5 planes of Dana air grounded due to maintenance, engine issues and others

All Dana Airline 5 planes are currently grounded due to maintenance, engine-related issues and other scheduled checks, Per Second News gathered Monday. These...

Ghana Airways DC 10 Plane That Became A Restaurant – 10 Years And Still Standing

It spent four years flying for the Ghana Airways with registration number 9G-ANB, after beginning life at Thai Airways in 1976, according to details...

Transcorp Hotels Plc announces new non-Executive Director, Osakwe

Mr Udechukwu Obi Osakwe has been appointed a non-executive director of the leading hospitality brand, Transcorp Hotels Plc, effective from February 17, 2023....

CBN Governor Emefiele meets with CEO’s of 15 banks to ease cash crunch

The Governor of Central Bank of Nigeria  (CBN), Godwin Emefiele has disclosed that he has met with 15 heads of commercial banks to...

Buhari, in a broadcast, carpets bank officials over Naira scarcity, returns only N200 note into circulation

President Muhammadu Buhari on Thursday directed the Central Bank Of Nigeria (CBN) that only the old N200 naira notes should be released into...

Currency crisis: Pres.Buhari mulls extension of old Naira notes validity for 60 days

Barring last minute change, President Muhammadu Buhari may any time from now overrule the Central Bank Gov. Godwin Emefiele and extend the circulation...

FEC approves cargo tracking scheme for ports nationwide

The Federal Executive Council on Wednesday, approved the installation of Electronic Cargo Tracking Notes for in ports nationwide. The Minister of Transportation, Mu’azu...

Nigeria’s inflation shoots up to 21.82 per cent

The National Bureau of Statistics (NBS) disclosed today that Nigeria inflation has soared up to 21.82 per cent as at January 2023 compared...

Fidelity Bank names Pamela Shodipo Executive Director

Fidelity Bank Plc has announced the appointment of Pamela Shodipo as the Executive Director, South Directorate of the financial institution. The company’s Secretary,...

Pres. Buhari, CBN governor get court orders not to extend Feb. 10 deadline for Naira swap

President Muhammadu Buhari, the Central Bank of Nigeria (CBN) and the nation’s 27 commercial banks have been ordered not to extend the February...