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The Central Bank of Nigeria (CBN) said it has withdrawn the operating licences of seven payment services providers. Eko Hot Blog recalls that the CBN also...
AIICO, Insurance AIICO Insurance Plc on Tuesday said that its shareholders oversubscribed its Rights Issue, which recorded 126 per cent subscription. Mr Babatunde Fajemirokun, Managing Director...
The new strain of the virulent COVID-19 virus discovered in United Kingdom and now in other countries has begun to take a toll on crude oil...
Central Bank of Nigeria (CBN) has seized the operating licences of 42 microfinance banks across the country. The Nigeria Deposit Insurance Corporation disclosed this in an...
The Lagos Government has announced that bags of rice would be sold for ₦20,000 to residents before Christmas. Ekohotblog learnt that initiative is in partnership with...
A new plant has been connected to the nation’s power grid, thereby increasing the number of hydropower plants producing electricity in Nigeria to four. Data obtained...
The Maritime Workers Union of Nigeria has declared an indefinite strike over the sacking of 500 workers by Integrated Logistics Services Nigeria Ltd.(INTEL), and Associated Maritime...
The naira exchanged to the dollar in the parallel market at ₦474/$ on Thursday. Ekohotblog gathered that naira to dollar was exchanged at 473/$1 on Monday....
Chairman, Board of Directors for Lagos Building Investment Company (LBIC), Hakeem Ogunniran, has expressed his satisfaction in the bank activities at the 15th Annual General Meeting....
The Federal Government (FG) says it has conceded about ₦1.024 trillion import duty waivers, concessions and grants to drive economic growth in the country in the...