Category: BUSINESS

Central Bank of Nigeria (CBN) has directed all commercial banks, microfinance banks, mobile money operators, and other licensed stakeholders in the payments ecosystem to fully migrate to the ISO 20022 standard for payment messaging by October 31. The directive was contained in a circular signed on Tuesday by the  Director of the Payments System Supervision…

Federal Government Friday , in Abuja,  validated the Nigeria Industrial Policy (NIP), saying  it as a framework to drive inclusive growth, job creation and national competitiveness. Minister of State for Industry, Sen. John Owan Enoh, at the event,  said the policy marked a new covenant to reposition the economy on productivity and resilience. He explained…

…….Advises NUPENG , Dangote to dialogue South East zone of the Independent Petroleum Marketers Association of Nigeria,IPMAN led by it’s National Ex-officio, Hon Chukwudi Fred Ezinwa, Monday , in Enugu, urged members of the association  to ignore the call by “an imposter chairman”, Prince Bobby Dick on them to embark on strike as directed by…

The Enugu State Housing Development Corporation (ESHDC) has issued a clear deadline to all allottees and property owners across its estates to revalidate their title documents as well as update their property records on or before Wednesday, 31st December, 2025 – or risk invalidation. The revalidation exercise, which began on Monday, 15th September, 2025, is…

Corporate Affairs Commission (CAC) and Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) are deepening partnership to ease business registration for small business owners in the country. The Registrar-General of CAC,  Hussaini Magaji, disclosed this during the signing of a Memorandum of Understanding (MoU) between both organisations on Friday in Abuja. The agreement will…

Enugu State Government  in collaboration with a socio- cultural group, Ezeagu in Diaspora disclosed that  over 1000 youth  will be trained in  different skills in the 2025 youth empowerment program organised by the Ezeagu in Diaspora International Association reiterating  commitment to youth empowerment. Secretary to the State Government (SSG), Prof. Chidiebere Onyia, made this known …

Nigeria Deposit Insurance Corporation (NDIC)  has assured depositors with banks licensed by the Central Bank of Nigeria (CBN) of the safety of their savings ,noting that CBN has stepped up regulatory efforts to ensure the resilience and stability of the Nigerian banking sector. .  Managing Director/Chief Executive of NDIC, Bell Hassan  gave the assurance on Friday, …

Federal Inland Revenue Service (FIRS), has stressed the need for people and organizations to pay their taxes as at when due, disclosing that the organization generated a sum of N12.3 trillion in 2023. FIRS Executive Chairman, Dr. .Zacch Adedeji, disclosed that  on Friday, during the FIRS special day at the on-going Enugu International Trade Fair…

Enugu Chamber of Commerce Industry Mines and Agriculture (ECCIMA) has commended the management and staff of the Moniepoint MicroFinance Bank for changing the narrative in the banking services in Nigeria, especially in the Online banking and access to banking services by the Small and Medium Enterprises(SMEs) in Nigeria. He said over 70% of Banking  Nigerians…

Vice President of Nigeria and Chairman, Board of Directors, Niger Delta Power Holding Company, Senator Kashim Shettima, Governors of the South East states, Captains of Industries Government officials from the zone and other stakeholders in the power sector, Monday gathered in Enugu for the flag- off of the Light -Up Nigeria program aimed at providing…