Nigeria CBN says no plan to convert funds in domiciliary accounts to naira
Nigeria’s central bank has said there was no plan to convert the funds in domiciliary accounts to naira. Media...
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Electricity consumers increase to 11.71m in Q3 2023 – NBS
The number of electricity consumers rose by 240,000, from 11.47 million in the second quarter of 2023 to 11.71 million...
Naira woes worsen, crashes by 42% against US dollar at forex market in two days
Naira woes worsened on Tuesday, crashing by 42 per cent against the US dollar in the foreign exchange market in...
CBN clears payment of forex backlog for foreign airlines amid Naira free fall
Amid the free fall of the Naira, the Central Bank of Nigeria, CBN, says it has concluded the payment of...
Miners back Nigerian govt’s clampdown on illegal mining
The licensed and legal coal miners in Kogi State have backed the federal and state governments over their recent clampdown...
FIRS adjusts operational structure to increase tax revenue
The Federal Inland Revenue Service (FIRS) intends to implement a new operational structure in the nation’s tax administration, with the...
Otedola returns to Forbes list as Dangote maintains spot as Africa’s richest man
After a six-year hiatus, Nigerian business magnate Femi Otedola has returned to the Forbes Africa list of the richest people,...
FG assures operators in oil, gas sector of equal treatment
The Federal Goverment has promised to put in place policies and laws that will ensure a level playing field for...
Union Bank Pledges Seamless Service as New Management Resumes
Uion Bank of Nigeria has reassured its partners, customers and critical stakeholders of continued excellent service and seamless operations following...
CBN appoints new executives for Union, Keystone, Polaris banks
The Central Bank of Nigeria (CBN) has appointed new executives for Union, Polaris, and Keystone banks following the dissolution of...
