Business

Buhari’s speech at flag off of Lagos-Ibadan railway project.

PROTOCOL……. • Distinguished Ladies and Gentlemen I am pleased to address you again today and preside over the flag-off ceremony for the Commercial Operations of Lagos – Ibadan railway project at the Mobolaji Johnson Railway Station, Ebute Metta, Lagos. 2. This signals yet another milestone in the drive of this …

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Senate Passes Bill To Restrict NIPOST To Postal Operations.

The Senate on Tuesday passed the Nigerian Postal Service (Repeal and Reenactment) Bill, 2021, which effectively restricted the agency to only postal operations in the country. The Bill also unbundled the agency by creating a commission to regulate its affairs. The lingering controversy between NIPOST and the Federal Inland Revenue …

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Banks to inform customers of impending rise in interest rates.

Nigeria Commercial banks are informing some of their customers that they are about to increase interest rates on loans in response to the economic situation in the country. According to multiple sources, some banks have started calling customers with consumer loans to expect an interest rate hike. This means customers …

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