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Last month, a federal district court judge in Albany, New York ruled that the eight year old prosecution of former New York State Senator Joe Bruno can

Court Jails Former Unity Bank Employee For ₦11 million ATM Fraud | BizWatchNigeria.Ng

Daily Busisness News in Nigeria

Beneficiaries of diaspora remittances transferred through the international monetary transfer operators (IMTO) will now be able to receive their inflows in foreign currency (US Dollar). This was disclosed on Monday by the Central Bank of Nigeria’s Director of trade and exchange, O.S Nnaji. Recipients of such funds may opt for either cash payment in foreign…

CBN Approves Dollar Payment To Beneficiaries of Diaspora Remittances | BizWatchNigeria.Ng

Beneficiaries of diaspora remittances transferred through the international monetary transfer operators (IMTO) will now be able to receive their inflows in foreign currency (US Dollar). This was disclosed on Monday by the Central Bank of Nigeria’s Director of trade and exchange, O.S Nnaji.

The Economic and Financial Crimes Commission, (EFCC) on Monday, November 30, 2020, re-arraigned former Secretary to the Government of the Federation, Babachir Lawal before Justice Charles Agbaza of the Federal Capital Territory High Court, Jabi. Lawal is facing criminal prosecution alongside three others namely: Hamidu David Lawal (his younger brother), Sulaiman Abubakar, Apeh John Monday…

Alleged Money Laundering: EFCC Rearraigns Former SGF, Babachir Lawal | BizWatchNigeria.Ng

Daily Busisness News in Nigeria

The All-Share Index and Market Capitalization for Monday 30th, November 2020 appreciated at the close of trading on the Nigerian Stock Exchange Market at 35,042.14 and ₦18,309 trillion respectively. The All-Share-Index (ASI) and market capital appreciated on Monday by 156.63 and ₦81 billion respectively. At the close of the market on Monday, 5,267 deals were…

Airtel Africa Leads Stock Market, Investors Gain ₦81 billion | BizWatchNigeria.Ng

The All-Share Index and Market Capitalization for Monday 30th, November 2020 appreciated at the close of trading on the Nigerian Stock Exchange Market at 35,042.14 and ₦18,309 trillion respectively.

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has reiterated its commitment to the nation’s economic development by fostering international trade. This was disclosed at the recent Africa China Agent Proposition (ACAP) webinar, themed “Advancing Africa-China Trade Opportunities.” During the session, panellists discussed the challenges which confronted Nigeria-China trade relations as a…

Stanbic IBTC Bank Commits to Economic Growth, Supports Africa-China Trade Relations

Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings PLC, has reiterated its commitment to the nation’s economic development by fostering international trade. This was disclosed at the recent Africa China Agent Proposition (ACAP) webinar, themed “Advancing Africa-China Trade Opportunities.”

About 25 million Nigerians are expected to benefit from the installation of 5 million solar-home systems. Beneficiaries of the program will pay between ₦1,500 and ₦4,000 monthly to access power from the solar system. BizWatch Nigeria had reported that the federal government is to commence installation of five million solar home systems in under-served and…

25 million People To Benefit From FG’s Solar Program, Pay ₦4,000 monthly | BizWatchNigeria.Ng

About 25 million Nigerians are expected to benefit from the installation of 5 million solar-home systems. Beneficiaries of the program will pay between ₦1,500 and ₦4,000 monthly to access power from the solar system.

The Presidency. through the Senior Special Assistant to the President on Media and Publicity, Garba Shehu has blamed the 43 rice farmers killed in Borno over the weekend for not getting military clearance before going to their farms. Garba Shehu told BBC on Monday that the farmers should have waited for military clearance before proceeding…

Presidency Blames Rice Farmers Killed In Borno For Not Getting Clearance From Military | BizWatchNigeria.Ng

The Presidency. through the Senior Special Assistant to the President on Media and Publicity, Garba Shehu has blamed the 43 rice farmers killed in Borno over the weekend for not getting military clearance before going to their farms.

Donald Duke, a former governor of Cross River State, says that most of Boko Haram’s weapons are gotten from the armoury of Nigerian security agencies. He asked that the matter be looked into, asking why the country was “selling weapons to the enemy”. He also said that “Boko Haram insurgents who have been responsible for…

Most of Boko Haram's Weapons Are Gotten From Nigeria's Security Agency's Armoury - Donald Duke | BizWatchNigeria.Ng

Donald Duke, a former governor of Cross River State, says that most of Boko Haram's weapons are gotten from the armoury of Nigerian security agencies.

A Federal Government delegation led by the Senate President, Ahmad Lawan arrived in Maiduguri, Borno State by mid-day on Monday on a condolence visit over the killing of rice farmers at the weekend by terrorists. The delegation was received on arrival at the Airport by the Borno State Deputy Governor, Usman Umar Gadafu. Members of…

Rice Farmers: Ahmad Lawan, FG Delegates Pay Condolence Visit | BizWatchNigeria.Ng

Daily Busisness News in Nigeria

The Federal Government through the Federal Ministry of Youths and Sports, in partnership with Tiimafrica, has organized a one-time grant of $5,000 to Nigerians between the ages of 25 and 35. Bizwatch Nigeria gathered that the grants will be given to youths who run businesses in the country and have 6 months financial records. What…

Apply For FG's $5000 Grant To Youths | BizWatchNigeria.Ng

Project grow 100 is FG initiatives through a partnership between the Federal Ministry of Youth and Sports and Tiimafrica for a one-time grant of $5,000 to youths

Italy’s competition authority on Monday said it has fined Apple €10 million ($12 million) for misleading claims about the water-resistant properties of various iPhone models. It said the US tech giant “did not make it clear that this feature exists under certain specific conditions”, notably in laboratory tests with static and pure water, “and not…

Apple Issued Fine For Misleading Water-Resistant Claims | BizWatchNigeria.Ng

Daily Busisness News in Nigeria

The military on Monday said it is worried about the withholding of useful information by northeast residents to security agencies. At least 43 farmers were killed in a deadly assault in Zabarmari, Borno on Saturday by suspected Boko Haram terrorists. The United Nations has said the death toll is as high as 110. READ ALSO:…

Military Worried Over North-East Residents' Refusal To Disclose Useful Information | BizWatchNigeria.Ng

Daily Busisness News in Nigeria

Joe Biden, the United States of America’s President-Elect, is set to announce Adewale ‘Wally’ Adeyemo, a Nigerian-born attorney, as deputy Treasury secretary, US-based media Politico reported on Sunday. Adeyemo, who is a former senior international economic adviser during the Obama administration, will serve under former Federal Reserve Chair Janet Yellen, who Biden plans to appoint…

Biden to Announce Nigerian-Born Attorney, Adewale Adeyemo as Deputy-Treasury Secretary | BizWatchNigeria.Ng

Daily Busisness News in Nigeria

President-elect Joe Biden and Vice President-elect Kamala Harris have announced an all-female communications team on Sunday targeted at bringing “diverse perspectives” to the White House. Jen Psaki, a top member of the transition team who served in the Obama-Biden administration, was chosen as White House press secretary. Kate Bedingfield, who was deputy Biden-Harris campaign manager,…

Joe Biden, Kamala Harris Unveil All-Female Communications White House Team | BizWatchNigeria.Ng

Daily Busisness News in Nigeria

The Federal Government of Nigeria has been called upon to, as a matter of urgency, actively pursue the development and implementation of a protein-centred national nutrition policy in the quest to curb the menace of protein deficiency and contribute to efforts to achieve the Sustainable Development Goal 2 which deals with improvement in nutrition. Medical…

Experts Task FG on National Protein Nutrition Policy | BizWatchNigeria.Ng

Daily Busisness News in Nigeria

N-Power beneficiaries of Batch A and Batch B are planning to protest in order to drive home their demand to the government. The exited N-Power beneficiaries have often complained about neglection by the federal government after their exit from the N-Power programme. Members of the N-Power Youth Congress will meet today, November 29, 2020, to…

N-Power Beneficiaries Threatens To Go On Nationwide Protest, Announces Date

N-Power beneficiaries of Batch A and Batch B are planning to protest in order to drive home their demand to the government. Batch A and B have often complained about neglection by the federal government after their exit from the N-Power programme.