Reading Time: 2 minutes The Central Bank of Nigeria (CBN) has setup a mechanism to monitor the sale of forex by banks in Nigeria. The apex bank said it…
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Category: Business
Naira Drops After CBN Banned Forex Sales To BDCs
Reading Time: 2 minutes Naira fell marginally against the U.S dollar at the parallel market on Tuesday, after the Central Bank of Nigeria (CBN) announced that it has ended…
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JUST IN: CBN Prohibits Sales Of Forex To BDCs
Reading Time: < 1 minutes The Central Bank of Nigeria says it has ended the sales of forex to Bureau Du Change operators, saying the parallel market has become a…
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Miriam Olusanya Appointed Managing Director Of GT Bank
Reading Time: < 1 minutes Guaranty Trust Bank Plc has announced the appointment of Miriam Olusanya as Managing Director. This is according to a notice signed by the bank’s Company’s…
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Nomination Opens For IATA Awards
Reading Time: < 1 minutes The International Air Transport Association (IATA) is inviting nominations for the 2021 Diversity and Inclusion Awards. “The COVID-19 pandemic has not stopped the aviation industry’s…
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Elon Musk: Starlink Has 2 Major Telecommunications Partners
Reading Time: 2 minutes SpaceX’s satellite internet service, Starlink, has forged two “quite significant” partnerships with major telecommunications companies, according to CEO Elon Musk. “We have two quite significant…
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United Airlines Orders 270 Aircraft Worth Over $30B
Reading Time: < 1 minutes United Airlines on Tuesday unveiled its largest ever order for 270 Boeing and Airbus jets worth more than $30 billion at list prices as it…
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New Orientation For Nigerian Airlines
Reading Time: 7 minutes Nigerian airlines are beginning to choose aircraft types that are appropriate to their routes in addition to acquiring new equipment. Industry experts say this would…
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Medical Doctor Killed By Gunmen In Niger
Reading Time: < 1 minutes A medical doctor, Precious Chinedu Emeka has been killed by gunmen in Salka village in Magama local government area of Niger state. The doctor was…
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Internet Usage Drops By 6% As Telecommunication Companies Lose Subscribers
Reading Time: 2 minutes Airtel, MTN and Glo all lost subscribers as internet usage dropped by 6% according to data provided by the National Bureau of Statistics. From 154.301…
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