The commercial transaction misunderstanding between First Bank Nigeria Limited and General Hydrocarbons Limited (GHL) has taken a…
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Yuletide: CBN fines nine banks N1.35bn for ATM cash scarcity
The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for…
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FG moves to tackle food export challenges
The Ministry of Industry Trade and Investment and the Ministry of Health and Social Welfare have…
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Uncertainty over inflation data as NBS website hack lingers
The National Bureau of Statistics, Nigeria’s key agency for data dissemination, is still reeling from a…
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Fuel prices may rise as crude nears $80/barrel
The prices of refined petroleum products may rise in the coming days following the increase in…
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CBN suspends extension of export proceeds on behalf of exporters
The Central Bank of Nigeria (CBN) has suspended the extension of export proceeds by banks on…
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Telecom tariff to rise but not by 100% —Minister
The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, has announced that telecom tariffs will…
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Naira’s free fall threatens 2025 fiscal plan
A tough fiscal year 2025 appears to be underway following the tall order in currency valuation…
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CBN slams N1.2m daily limit on PoS agents
The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily…
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Naira appreciates to N1,660/$ in parallel market
The naira had a turbulent trading week as the exchange rate to the dollar experienced sharp…
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