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CBN Dismisses Order To Convert Customers’ Domiciliary Accounts Into Naira

The Central Bank of Nigeria (CBN) has denied a claim that it directed banks to convert all customers’ domiciliary accounts meant for...

Guaranty Trust Bank Plc Releases Half Year Audited Results, Reports profit before tax of ₦93.1billion

Guaranty Trust Bank Plc (“GTBank” or “the Group”), now Guaranty Trust Holding Company Plc, has released its audited financial results for the...

Nigeria’s digital currency set for pilot rollout on Independence Day

After four years of development, the Central Bank of Nigeria (CBN) is set to roll out its digital currency project. The launch...

Aliko Dangote to employ 57,000 at refinery site

The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has disclosed plans to increase the human capacity at the Dangote Refinery Project site...

PIB: FG reverses exclusive petrol importation rights for Dangote, BUA

The Petroleum Industry Bill signed into law by President Muhammadu Buhari has reversed an exclusive right for holders of local refining licence...

CBN warns microfinance banks against FOREX transactions

Microfinance banks in the country have been warned by the Central Bank of Nigeria to stop engaging in foreign exchange transactions and...

Court Freezes Bank Accounts Of Forex Trading Platforms

The Federal High Court Abuja has frozen the bank accounts of some investment and trading platforms that Nigerians have been using to...

NCC makes clarifications on ‘renewal’ of MTN license

The Nigerian Communications Commission, NCC, has debunked reports that it has renewed MTN Unified Access and Service (UASL) License for another ten...

CBN bans sale of Forex to Bureau De Changes, says they have turned into ‘money laundering agents’

The Central Bank of Nigeria (CBN) has banned the sale of foreign exchange (FX) to Bureau De Change (BDCs) operators in the...

NCC denies renewing Airtel’s license

The Nigerian Communications Commission, NCC, yesterday denied that it has renewed telecom operator, Airtel’s operating license for another period of 10 years.

Suger: CBN restricts importation to Dangote, BUA, Golden

The Central Bank on Nigeria (CBN) has restricted the importation of sugar into the country to three companies: BUA Sugar Refinery Ltd,...

Akintoye, Nwodo, Turaki, others warn IMF, World Bank as Nigeria loans hit N33trn

Scores of Nigerian statesmen and activists have cautioned the international community against approving additional loans to the federal government.
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Chief Rotimi Williams’ son, Ladi, is dead

Son of Chief Rotimi Williams, Ladi, has reportedly died of COVID-19 complication. Chief Ladi Rotimi-Williams passed away at about...

2023: Why Goodluck Jonathan can never be president under our party – APC

The All Progressives Congress (APC) Elders Advisory Council in Oyo State, has disclosed why former President, Goodluck Jonathan can’t be president on...

Why I left Nigeria For Ghana – Veteran Actor, Hanks Anuku Opens Up

Hanks Anuku, the veteran Nollywood actor, has opened up on why he abandoned Nigeria and moved to Ghana. Anuku...

Unknown gunmen hit DSS, FRSC offices in Nnewi

Unknown gunmen on Sunday attacked the offices of the Directorate of State Services (DSS) and Federal Road Safety Corps (FRSC) in Nnewi,...