Buhari To CBN: Don’t Grant Any Request For Funds For Importation Of Food, Fertiliser
President Muhammadu Buhari has ordered the Central Bank of Nigeria not to grant any request from anybody for grants the country’s reserves for the...
CBN Angry With NESG For Attack On Its Measures To Stabilize Nigeria’s Economy
The Central Bank of Nigeria (CBN) has expressed shock on attack by the Nigerian Economic Summit Group (NESG), over measures that had so far...
NNPC Threatens Legal Action Against Online Medium Over Contract Inflation Allegation
The Nigerian National Petroleum Corporation (NNPC) is angry with publication in an unnamed online medium alleging that the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project was...
Hike In Petrol Price: Marketers Say Deregulation Will Force Down Price
Petroleum Industry players and stakeholders have said the decision of the Federal Government to abolish the subsidy regime and enthrone a downstream deregulation era leading to...
Naira Strengthens Against Dollar, Speculators In Foreign Exchange Face Losses
The Central Bank of Nigeria (CBN) has announced the surge in Naira against the dollar, throwing speculators in Nigeria’s foreign exchange market into possible...
Federal Govt Moves To Perfect Virtual Activities In Governance
The Federal Government of Nigeria has taken steps to continue with virtual meetings and other activities long after coronavirus would have been cleared from...
Polaris Bank Asks Nigerians To Strengthen Savings Culture, Introduces Target Savings Account
Polaris Bank has launched ‘Polaris Target Savings Account’ to help Nigerians imbibe healthy savings culture as a means to building a strong financial base.
The...
Bankers’ Committee, CBN Move To Support Airlines, Media To Face Challenges Of Coronavirus
The Bankers’ Committee has unanimously agreed to extend special facilities to Nigerian-registered airlines and the media industry in Nigeria, to enable them adequately address...
CBN Goes Tough On Exporters Over Forex Non-Repatriation
As part of its effort to increase foreign exchange liquidity in the country, the Central Bank of Nigeria (CBN) has directed all banks in...
NNPC Celebrates As Coronavirus Lockdown Eases, Posts Oil, Gas Export Of $378.42 Million
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $378.42 million in June as against $133.16...
