Central Bank To Disburse Lower Currencies To Microfinance Banks
The Central Bank of Nigeria (CBN) has released guidelines for the disbursement of lower denominations of the naira through microfinance banks (MFBs) across the...
Buhari To CBN: Don’t Spend A Kobo From Foreign Reserve On Food Importation
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to stop providing foreign exchange for importation of food into the country, with...
Businessman Returns Over N2.2 Billion Wrongly Credited To His Account
Managing Director of Peace Mass transit, Dr. Sam Maduka Onyishi has returned the sum of N2,219,500,000 which he said was wrongly paid into his...
Fall Of Stock Price: Zenith Bank Chairman, Jim Ovia, Loses $64 Million
Founder and Chairman of Zenith Bank, Jim Ovia, has reportedly lost about $64 million in the last six months as the stock price of...
Central Bank Injects $280.04 Million, CNY 28.3 Million Into Retail SMIS
The Retail Secondary Market Intervention Sales (SMIS) has received a boost of $280.04million from the Central Bank of Nigeria (CBN), which also injected the...
Osinbajo Begs Chinese Investors To Help Nigeria Realize Its Food Production Potentials
Vice President Yemi Osinbajo has appealed to Chinese investors to help Nigeria realize its potential of becoming the food basket of the world. Osinbajo told...
Central Bank Again Pumps $210 Million Into Inter-Bank Forex Market
The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN), following transactions concluded today, August...
NNPC Laments Barrage Of Fraudulent Contraptions By Social Media Criminals
The Nigerian National Petroleum Corporation (NNPC) has lamented the continued fraudulent contraptions by those it described as social media criminals with a view to...
Group MD Charges Media Editors To Expose Corruption In NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has urged members of the Nigerian Guild of Editors (NGE)...
How Presidential Initiative On Audit Blocked Leakage Of N500 Billion – Dr. Dikwa
The Permanent Secretary, Special Duties, Ministry of Finance, Dr. Mohammed Dikwa, has recounted how the Presidential Initiative for Continuous Audit (PICA) blocked the leakage...
