Mr Oseni said the new rate set by the increase of electricity tariffs will be imposed…
Category: Business
Dangote refinery sets to start PMS sales to customers by May.
According to sources, the Dangote refinery will start selling Petrol, also known as Premium Motor Spirit…
Bank Recapitalisation: Up to N4 Trillion of Inflow Expected to Meet New Requirement – Agusto & Co
Credit rating agency, Agusto and Co., have projected that banks will expect to inflow up to…
Reduction of Oil Exports by Nigeria and Iraq results decrease in OPEC oil output
The reduction of oil exports by Nigeria and Iraq in March caused a decrease in crude…
UPDATED: CBN Directs Nigerian Banks To Increase Capital Base.
The Central Bank (CBN) announced an increase in the capital base for all categories of banks…
CBN’s Increase Of Interest Rate By 24.75% Puts Borrowers On The Edge
Monetary Interest Rate (MIR) is further tightened as CBN’s increase of interest rate by 24.5% rate…
Binance: Regulating cryptocurrencies falls outside CBN purview, says Cardoso.
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says it is not in the…
Fight forest degradation with tech, Ogun HoS, Mr Kolawole Fagbohun, says
Forest degradation is becoming very alarming in most of the interior parts of Nigeria, and suggestions…
Naira gains across markets as CBN sells dollar to BDCs
The Nigerian currency, Naira, has continued to appreciate in the foreign exchange market as a result,…
Naira-Dollar Rate Drops: Naira-Dollar Exchange Rates Hit All-Time Lows.
The current economic development in Nigeria, where the Naira-Dollar rate drops, has recorded that both the…