Redesigned Naira: CBN to monitor compliance by commercial banks
The Central Bank of Nigeria (CBN) will monitor commercial banks to ensure that they comply with the directive of loading...
Airtel Nigeria acquires 4G,5G Spectrum from NCC
Airtel Africa says its Nigerian subsidiary, Airtel Networks Ltd., has acquired 4G and 5G Spectrum from the Nigerian Communications Commission...
Fuel importation to end by 2024 – FG
The Federal Government on Monday projected that by the first Quarter of 2024, Nigeria will put an end to the...
Berger Paints announces resignation of Company Secretary, Ayoko
The board of Berger Paints Nigeria Plc (BPN) has announced the resignation of its Company Secretary/Legal Adviser, Mr Ayokunle Ayoko....
Defence, Security sectors get 13.4% of 2023 Budget
The Defence and Security sectors have been allocated N2.98 trillion or 13.4 per cent of the 2023 Budget. Mrs Zainab...
Air Peace protests as NAHCO handling equipment rams into plane
Air Peace Airline has urged aviation authorities to look into the ground handling equipment that collided and damaged its aircraft elevator...
‘FG spent N12.87trn in 2022’
The Federal Government said it spent N12.87 trillion against the N17.126 trillion budgeted for 2022 as at November 30, 2022....
Buhari signs N21.83trn budget into law
President Muhammadu Buhari, on Tuesday, in Abuja signed the 2023 Budget of N21.83 trillion and the 2022 Supplementary Appropriation Bill...
Reps oppose move to auction OML 11 to Sahara Energy ‘for a paltry sum of $250m’
The House of Representatives has urged the Nigerian Petroleum Development Company (NPDC) to suspend its planned auction of the oil...
NAICOM raises Third Party insurance cover for motorists from N5,000 to N15,000
The National Insurance Commission (NAICOM) has raised Third Party insurance cover for motorists from N5,000 to N15,000 yearly with effect...
CBN: Cash withdrawal limit not based on politics
The Central Bank of Nigeria (CBN) says its policy of cash withdrawal limit is not based on politics, contrary to...
CBN reviews cash withdrawal limits to N500,000, N5m
The Central Bank of Nigeria (CBN) has announced an upward review of cash withdrawal limits to N500,000 and N5 million...
‘Insurance assets hit N2.3trn’
The National Insurance Commission (NAICOM) says the insurance industry has recorded total assets of N2.3 trillion, indicating 9.0 per cent...
Oil and Gas leads as insurance industry generates N532bn premium
The insurance industry has generated gross premium income of N532.7 billion in the third quarter Year-on-Year (YoY), representing 15 per...
FAAC: FG, states, councils share N902.053bn
The Federation Account Allocation Committee (FAAC) has shared N902.053 billion to the three tiers of government as Federation Allocation for...
Cashless policy: Senate wants CBN to review planned weekly cash withdrawals limit
The Senate, on Wednesday, at plenary urged the Central Bank of Nigeria (CBN) to considerably adjust withdrawal limits in response...
Abuse the naira, go to jail, CBN warns
The Central Bank of Nigeria (CBN) warned in Abuja on Tuesday that those abusing the naira were liable to go...
‘Subsidy no longer sustainable’
Oil marketers say subsidy is no longer sustainable, calling for dialogue on its implementation to save the downstream sector of...
CVFF: N16bn, $350m available for disbursement, says Jamoh
*Union, Zenith, Polaris, UBA, Jaiz Banks are Primary Lending Institutions President Muhammadu Buhari has approved the immediate disbursement of...
Jamoh speaks on when beneficiaries will get CVFF first cheque
Minister of Transportation, Mr Mu’azu Sambo, says President Muhammadu Buhari has approved the disbursement of Cabotage Vessel Financing Fund (CVFF)...
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