The Central Bank of Nigeria, CBN yesterday released new operational guidelines for Bureau De Change, BDCs. The CBN in the directive ordered existing operators to reapply for new licenses ,…
Category: Business
CBN’ll keep high interest rates to curb inflation — Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said the apex bank will keep interest rates high until inflation is controlled with implementation of orthodox policies. Inflation…
Adeleke’s Wife Partners Kings University Ode Omu on Entrepreneurship
The wife of Osun State governor, Erelu Ngosi Abeni Adeleke has announced her plan to partner with Kings university, Ode Omu to develop the University Entrepreneurship Center. Erelu Adeleke made…
Read the Full list of 16 banking transactions not affected by new CBN Cybersecurity levy
The Central Bank of Nigeria (CBN) has ordered all banks to start charging a 0.5 per cent cybersecurity levy on all electronic transactions within the country excluding 16 listed banking…
2024: Lagos Clicks N300bn IGR in first quarter, targets N800bn
Lagos state Commissioner for Economic Planning and Budget, Mr Ope George, has said the state budget for year 2024 has improved the development according to him was consequence of increase…
2m Bank accounts Closed over BVN, NIN, others
No fewer than 2.021 million bank accounts have been closed by Commercial banks in Nigeria in the first quarter of 2024, Q1’24, in a bid to clean their books of…
Oyebanji’s Wife Applauds impact of Empowerment Scheme,says Adire has put Ekiti in World map
Wife of Ekiti State Governor, Dr. Olayemi Oyebanji, has expressed delight with the impact of Adire Ekiti, a local fabrics production scheme, within one month of its launch in…
FG To Ban Importation Of Syringes To Boost Local Production, Says NAFDAC Boss
Amina Mansur The federal government has said it is planning to put a total ban on importation of syringes into the country in order to promote locally medical needles.…
FG Moves to End Food Inflation, Partners World Bank on $500M Food Security Intervention
Amina Mansur The National Assembly through its joint Committee on Agriculture Production Services and Rural Development, on Tuesday, met with the Minister of Agriculture and Food Security, Abubakar Kyari…
Kyari Advocates Different Approach to Energy Transition in Africa
Amina Mansur Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC), Mr. Mele Kyari, on Tuesday advocated differentiated approach to attaining energy transition for the…