Obi knocks new MPR, says it will worsen economic situation, lead to job loss
The 2023 presidential candidate of the Labour Party, Mr. Peter Obi has given a thumbs down to the new monetary…
President Tinubu Promises Economic Revival, Forms Advisory Committee
President Bola Ahmed Tinubu has assured that an economic revival is forthcoming as he initiates a tripartite Economic Presidential Advisory…
NNPC, CBN Review Banking Services, Strengthen Relationship For Seamless Operation
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Central Bank of Nigeria (CBN) have reviewed the NNPC Ltd.’s decision…
In meeting with Reps, CBN Gov says stabilising naira is a task for all Nigerians
The governor of the Central Bank of Nigeria, CBN, Mr. Yemi Cardoso, yesterday told members of the House of Representatives,…
No Plans To Convert Domiciliary Account Holdings To Naira – CBN
The Central Bank of Nigeria (CBN) says there are no plans by the Federal Government to convert its $30bn domiciliary…
NNPCL Rakes In N2.52trn Profit, N8.8trn Revenue In 2022
The Nigerian National Petroleum Company Limited (NNPCL) increased its revenue profile by 37.2 per cent, from N6.42 trillion in 2021…
FG to save N8tn annually from subsidy removal, FX reform – Oyedele
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the Federal Government will be…
Naira falls to N1089/$ on official I&E window
The naira fell to N1089.51/$ on the official Investor and Exporter window on Tuesday. The currency fell by 27.19 per…
CBN lifts ban on cryptocurrency transactions, issues guidelines
The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard…
FG, states, LGAs share N1.08trn as revenue allocation for November
The three tiers of government on Friday shared a total sum of N1.088.783 trillion as revenue allocation for November. The…
FIRS Grants Waivers on Penalties, Interests for Outstanding Tax Liabilities
Federal Inland Revenue Service (FIRS) has granted taxpayers and businesses full waiver on accumulated penalties and interests for outstanding tax…
Economists Caution CBN Gov on Repeating Mistakes of 2005 Recapitalisation
With plans by the Central Bank of Nigeria (CBN) to introduce a new capital base for deposit money banks in…
Recent News
Ezinne Maggie Nwomeh, Mother of Enugu Gov’s Media Aide, For Burial, Weekend
The Senior Special Assistant to the Enugu State Governor, Dr. Peter Mbah, on Mainstream Media, Hon. Dan Nwomeh, is set…
Multichoice Makes New Increase in Prices of DSTV, GOtv Packages
Multichoice, a major satellite television service in Sub-Saharan Africa, has announced an increase in prices on the DSTV and GOtv…
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