Economy
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CBN Announces Appointment Of New Directors For First Bank, Reinstates Adeduntan As MD
The Central Bank of Nigeria (CBN) has announced new appointments in one of Nigeria’s commercial banks, First Bank of Nigeria…
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Electricity Tariff Hike Looms As NERC Seeks To Conclude ‘Extraordinary Review’
. Nigerians may soon have to pay more for electricity after the Nigerian Electricity Regulatory Commission said it was ready…
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It Is Our Job To Print Money, Lend Govt – Emefiele Replies Obaseki
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has replied Edo State Governor, Godwin Obaseki, concerning his…
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Senate summons Zainab Ahmed, accountant-general over N7.5bn ‘secret’ withdrawal
The senate committee on public accounts has summoned Zainab Ahmed, minister of finance, over an alleged secret withdrawal of N7.5…
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Despite ban, Nigeria leads bitcoin P2P trading across Africa in Q1 2021
By Prince Osuagwu DESPITE ban, Nigeria still blazes the trail in cryptocurrency growth. The country has become a reference point…
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FG, states’ debt profile rise to N32.92trn — NBS
Nigeria’s total public debt portfolio as at December 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics, NBS,…
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We Pay About N120bn Monthly To Subsidise Petrol, NNPC Laments
The Nigerian National Petroleum Corporation (NNPC) says it pays between N100 billion and N120 billion every month to subsidise Premium…
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CBN Keeps Monetary Policy Rate At 11.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate…
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$1.5bn Refinery Project: Nigerians Should Hold Me Accountable For Every Cent – Sylva
The Minister of State for Petroleum Resources, Timipre Sylva, has promised to ensure that every cent of the $1.5 billion…
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CBN, NCC fix USSD banking transactions at N6.98
The Central Bank of Nigeria and the Nigerian Communications Commission has announced that Unstructured Supplementary Service Data services for financial…
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