Suspended Minister of Humanitarian Affairs and Poverty Alleviation Betta Edu is threatening to institute a $50 million libel suit against the British…
Browsing: Economy
The Central Bank of Nigeria has directed all banks in Nigeria to stop the use of foreign currencies as collateral…
Barring any last minute change in plan, the Bureau De Change operators may start selling dollars at about N1, 118/$.…
The Ikeja Special Offences Court has remanded former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele in custody of Economic…
Some power consumers in Band A category are complaining of severe extortion by the various electricity distribution companies in the…
The Nigerian Electricity Regulatory Commission (NERC) has directed all electricity distribution companies (DisCos) to refund customers wrongly billed with the…
The Economic and Financial Crimes Commission (EFCC) has slammed the immediate former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele,…
The Federal Government has adopted a virtual means of evacuation of crude oil that involves the utilisation of barges and…
Nigerians may have to wait for some time before feeling the impact of the current strengthening of the naira against…
The Nigerian Communications Commission NCC has directed telecommunication companies to extend the disconnection of telephone lines not linked to National…
The naira, on Friday, appreciated to N1, 280 per dollar at the parallel section of the foreign exchange (FX) market.…
Government Ekpemupolo, popularly known as Tompolo, bought the front pages of a slew of national newspapers to celebrate the 72nd…
The Central Bank of Nigeria (CBN) has pegged the minimum capital base for commercial banks with international authorisation at N500…
Nigeria electricity supply has again suffered another nationwide blackout – the second time in three months in 2024. The national…
The Trade Union Congress (TUC) has said that it is designing a clause in the framing of a new minimum…
The Amalgamation of Commercial Tricycle Riders in Kano is calling on the state government to come to the rescue of…
Barring any last minute change in plans, the Bureau De Change operators BDCs are expected to sell dollars at the…
Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria for alleged tax evasion and other offences, has escaped from…
The Federal Inland Revenue Service has initiated proceedings against Binance, a prominent cryptocurrency exchange platform over tax evasion. In the…
The House of Representatives has passed the bill for upward review of salaries, allowances and fringe benefits for Judicial Office…