Top News Story
Fuel Strikes: ATMs Pay N30bn to Customers
- By Udo Onyeka
- Published January 23rd, 2012
- News
- Unrated
As much as N30 billion may have been paid by banks through their
Automated Teller Machines (ATMs) within the first four days of the
protests over the removal of fuel subsidy by the federal government,
BusinessWorld Intelligence can now reveal.
Mainstreet, Keystone Banks in Questionable IT Projects
- By Abimbola Tooki
- Published December 12th, 2011
- News
- Unrated
There are indications that some of the nationalised banks are currently
discussing some business deals that are wasteful and would not add to
their bottom line on the long run.
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Importers of second-hand vehicles will now have to get the Standards
Organisation of Nigeria Conformity Assessment Programme (Soncap) before
they can bring them into the country, according to Dr. Joseph Odumodu,
director-general of the Standards Organisation of Nigeria (Son).
Business Activities Slowly Resume in Abuja Suburbs
- By Simeon Ogoegbulem
- Published January 23rd, 2012
- News
- Unrated
Business activities last week resumed on a rather slow note in some
parts of Abuja following the week long demonstrations by the organised
labour and civil society organisations over the recent hike in pump
price of petroleum products. The week long protests paralysed business
activities in the federal capital territory.
CBN Exempts MFBs from Cashless Banking
- By Saka Khaliq
- Published January 23rd, 2012
- News
- Unrated
Following the kick-off of cashless banking in Lagos, the Central Bank of
Nigeria(CBN), has exempted microfinance banks natiowide from the
policy, BusinessWorld Intelligence can now reveal.
Abuja Residents Devise Strategies to Beat Rising Living Cost'
- By Simeon Ogoegbulem
- Published January 23rd, 2012
- News
- Unrated
Residents of the federal capital territory (FCT) are devising new
methods and strategies to beat the rising cost of living in the federal
capital. There has been a sharp rise in the cost of living following the
increment in the price of petroleum products nationwide.
