Good morning, here are the latest top business news headlines for today Tuesday, March 2021.
Naira Gains Slightly At Black Market
Nigeria’s naira appreciated marginally at the parallel market on Friday, March 26, 2021.
Nigeria’s currency closed at N485/$1, representing a N1 gain when compared…Read more
Limited Use Of Gas For Power Affects 120m Nigerians – Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, on Monday says there is limited domestic use of gas to generate electricity, a situation that is affecting 120 million Nigerians.
Sylva said this at the pre-summit conference of the 2021 Nigeria…Read more
AfCFTA: From Plan To Action
Nigeria’s journey to enjoying the African Continental Free Trade Area (AfCFTA) opportunity began when President Muhammadu Buhari signed the agreement on July 7, 2019.
Since then, stakeholders have been planning, strategizing, and discussing…Read more
Petrol Supply Rises To 2.25 Billion Litre in December
The supply of Premium Motor Spirit (petrol) by the Nigerian National Petroleum Corporation (NNPC) has increased above the pre-COVID-19 levels, reaching 2.25 billion litres in December last year.
The corporation said last Thursday that 2.25 billion litres of petrol were…Read more
FG, Banks In Talks To Allow Nigerians Use Gold As Collateral For Loans
The federal government disclosed that Nigerians would soon be able to use gold as collateral in exchange for credit from financial institutions.
This was disclosed by the Minister of Mines and Steel Development…Read more
SEC Prescribes New Regulation On Warehousing, Collateral Management
The Securities and Exchange Commission (SEC) has laid down new regulations regarding warehousing and collateral management in a bid to shake up the country’s trading ecosystem.
The new regulations on warehousing state that all warehouses should…Read more
FIRS Directs Firms Seeking To Pay CIT In Instalments To Apply Before Due Date
The Federal Inland Revenue Service (FIRS) says any company that wishes to pay income taxes in installments must apply in writing before the due date of filing.
According to a statement signed by Muhammad Nami, the FIRS…Read more
Our Unmatched Digital Platforms Keep Us On Upward Trajectory – Titan Trust Bank CEO
Mudassir Amray, the Managing Director and Chief Executive Officer of Titan Trust Bank Limited, has said that the lender’s groundbreaking successes in just 17 months of its commercial operations despite the COVID-19 pandemic, was tied to its unmatched digital technology which has delivered superior customer-centric experience.
In a chat with selected journalists in Lagos at the weekend, Mudassir Amray said…Read more
Port Harcourt Refinery: NNPC Throwing Nigeria Into Financial Mess – Peterside
Atedo Peterside has condemned the planned revamping work on the Port Harcourt refinery, stating that the Nigerian National Corporation (NNPC) would throw the country in a “financial mess”.
He said that the refinery had incurred costs of N47 billion despite…Read more
To stay up-to-date with our latest business and trending news stories, visit bizwatchnigeria.ng
