Business

W’Bank Debars Two Nigerian Firms, CEO for Corruption

The World Bank Group has announced the 30-month debarment of two Nigerian companies, Viva Atlantic Limited and Technology House Limited,…

1 year ago

Dangote raises petrol prices near N960

News Update THE Dangote Petroleum Refinery has confirmed an increase in the price of Premium Motor Spirit, PMS, also known…

1 year ago

Dollar to Naira Rate, Friday

News Update As of January 17, 2025, the Nigerian Naira (NGN) has continued to experience some level of volatility against…

1 year ago

BREAKING: CBN unveils digital systems to boost govt efficiency

The Central Bank of Nigeria has unveiled two digital innovations—the Document Flow System and the Ministries, Departments, and Agencies Naira…

1 year ago

BREAKING: FCMB Appoints New Executive Director, Aims to Drive Innovation

First City Monument Bank (FCMB) has announced the appointment of Felicia Obozuwa as its Executive Director, Corporate Services and Service…

1 year ago

Nigerian Govt fines 9 banks over scarcity of cash in ATMs

News Update THE Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing…

1 year ago

Depots Jerk Up Petrol Price

News Update Petrol loading costs at depots across Nigeria increased on Monday due to higher crude oil prices. Depots raised…

1 year ago

Dollar, Other Foreign Currencies To Naira Rates, Friday

News Update As of January 10, 2025, the Nigerian Naira (NGN) has continued to experience some level of volatility against…

1 year ago

BREAKING: Dangote refinery builds eight more tanks for imported crude

The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.…

1 year ago

BREAKING: CBN suspends export proceeds repatriation extension

The Central Bank of Nigeria has suspended approvals for the extension of export proceeds repatriation on behalf of exporters, effective…

1 year ago