The Central Bank of Nigeria (CBN) has announced an upward review of the minimum capital requirements for commercial, merchant and non-interest banks. In a statement...
The Nigerian National Petroleum Company (NNPC) Limited says it has not adjusted the pump price of premium motor spirit (PMS), known as petrol, across its...
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says law enforcement agencies are investigating $2.4 billion unverified foreign exchange (FX) claims. Cardoso...
The Federal Government has filed a criminal charge against Binance, a popular cryptocurrency platform, for “tax evasion”. The charge was filed before the federal high...
The Federal Government has filed a criminal charge against Binance for “tax evasion”. The charge was filed before the federal high court in Abuja...
The Federal Government has suspended the 25 percent penalty imposed on improperly imported vehicles. This was announced in a statement by Abdullahi Maiwada, national...
Jeff Bezos, the founder of Amazon, on Thursday, replaced Bernard Arnault, a French entrepreneur, as the world’s richest person. According to data from Bloomberg Billionaires Index, Bezos has...
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of s$7 billion have now been settled, fulfilling a key pledge...
The Central Bank of Nigeria (CBN) has lifted the restrictions on the importation of milk and dairy products. On February 11, 2020, the CBN...
The Independent Petroleum Marketers Association of Nigeria and the Major Energy Marketers Association of Nigeria have projected a marginal reduction in the pump price of...