Economy
CBN Justifies Sacking Of Boards Of FBNL, FBN Holdings, Lists Steps Taken In 2016 To Prevent Collapse Of Bank, Analysts Blame Board
The CBN has justified the dissolution of the boards of FirstBank Nigeria Limited and FBN Holdings, saying the steps embarked...
Read moreDetailsSenate Passes Amended AMCON Bill, Amidst Dissenting Voices, Empowers Seizure Of Debtors’ Assets
The Senate, on Wednesday, passed the Asset Management Corporation of Nigeria (AMCON) Amendment bill. The passage of the...
Read moreDetailsCBN Releases Updated List Of 57 IMTOs For Diaspora Remittances
The Central Bank of Nigeria, CBN, has published an updated list of International Money Transfer Operators (IMTOs) approved for Diaspora...
Read moreDetailsAnother Electricity Tariff Hike Looms As NERC Concludes ‘Extraordinary Review’
Harder times await Nigerians, currently reeling under higher prices of goods and services as well as low disposable income as...
Read moreDetailsUS Secretary Of State Blinken To Meet With Buhari Over Security, Economy
United States Secretary of State, Antony Blinken, will virtually meet with President Muhammadu Buhari over security and economic issues, a...
Read moreDetailsOil Slides Below $62 On Indian Covid-19 Resurgence Worsening
Oil Slides Below $62 On Indian Covid-19 Resurgence Worsening Oil fell as India’s worsening Covid-19 crisis weighed on the near-term...
Read moreDetailsSenate Approves $1.5bn, €995m External Loans For FG As Debt Trap Fears Heighten
The Nigerian senate has given the Federal Government the nod to borrow $1.5bn and €995m from foreign bodies, heitening fears...
Read moreDetailsSenate Approves N1.678trn Revenue Target For NCS, Gives Reasons For Upward Review
The Senate at the plenary on Wednesday approved a total of N1.678 trillion revenue target for the Nigerian Customs Service...
Read moreDetailsKyari Reiterates Govt Commitment To Beneficial Subsidy Exit Plan, Promises Diminished Queues From Today
Mele Kyari, Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC) has assured Nigerians that the queues building up...
Read moreDetailsFG’s Renewed War On Terrorism Financing Puts CBN, Others Under Scrutiny
The current clampdown on alleged financiers or those with links with terrorism may have put the Central Bank of Nigeria...
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