The Central Bank of Nigeria, CBN, has abolished the existing ceiling on cash deposits. NewsBits reports that in the major policy review,…
BUSINESS
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BUSINESSFEATURED
CBN Announces New Withdrawal Limit, Removes Deposit Cap
by Alien Mediaby Alien MediaThe Central Bank of Nigeria (CBN) has announced a comprehensive revision of cash-related policies, introduced new nationwide withdrawal limits, and scrapped the…
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AMCON Has So Far Repaid N3.6trillion To CBN – Gbenga Alade, CEO
by Alien Mediaby Alien MediaR-L: Head, General Enforcement, Resolution Directorate, Asset Management Corporation of Nigeria (AMCON) Mr Gbolahan Odutayo; Head, Corporate Communications Department, Mr Jude Nwauzor;…
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BUSINESSFEATUREDNEWS
Governor Mbah Presents N1.62 Trn 2026 Budget Of Renewed Momentum AS Education Gets 32.27% Of Total Budget
by Alien Mediaby Alien MediaGovernor Peter Mbah (middle) presents the budget The Governor of Enugu State, Dr. Peter Mbah, on Tuesday, presented a N1.62 trillion 2026…
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First HoldCo Completes Sale Of FBNQuest Merchant Bank
by Alien Mediaby Alien MediaFirst HoldCo Plc has finalized the sale of its entire 100% stake in FBNQuest Merchant Bank Limited to EverQuest Acquisition LLP, marking…
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Imo Thrown Into Darkness As Policemen Allegedly Invade TCN Station
by Alien Mediaby Alien MediaResidents of Imo State have been thrown into darkness after a team of police operatives allegedly invaded Transmission Company of Nigeria, TCN,…
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Enugu The Next Big Investment Capital, Says Governor Mbah
by Alien Mediaby Alien MediaThe Governor of Enugu State, Dr. Peter Mbah, has said that Enugu is emerging as Nigeria’s next major investment capital, advising Nigerians…
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Imo Agency To Honour Prof. Bart Nnaji For Successful Delivery Of Aba IPP
by Alien Mediaby Alien MediaThe Ahiajioku Research Centre, a parastatal of the Imo State government set up to research and promote the Igbo civilization, will honour…
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At Last, AMCON Places General Hydrocarbons Under Receivership Amid Court Orders
by Alien Mediaby Alien MediaGeneral Hydrocarbons, the oil servicing firm at the center of legal and arbitration battles with the Asset Management Corporation of Nigeria (AMCON)…
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BUSINESSFEATUREDNEWS
Dangote Refinery Promises Steady Fuel Supply During Festive Season, Says Output Exceeds Demand
by Alien Mediaby Alien MediaAliko Dangote The Dangote Petroleum Refinery has pledged a steady supply of petrol and diesel nationwide during the upcoming festive period, as…