BREAKING: OPAY, PALMPAY, MONIEPOINT, OTHERS BEGIN DEDUCTION OF N50 ELECTRONIC LEVY
The Federal Government has commenced N50 electronic levy deductions from transactions of N10,000 and above made by users of financial technology (Fintech) companies, including Opay,...
JUST IN: CBN SET TO UNVEIL REDESIGNED WEBSITE ON MONDAY
The Central Bank of Nigeria is set to unveil its newly redesigned website on Monday. In a statement on Sunday by the acting Director...
DON’T ‘JAPA’, CBN BUILDING ECONOMY FOR EVERYONE TO THRIVE – CARDOSO BEGS NIGERIANS
The Central Bank of Nigeria’s governor, Mr. Olayemi Cardoso has advised Nigerians against leaving the country (Japa). He assured that the apex bank is building...
NAIRA WEAKENS FURTHER, DEPRECIATES TO N1,745/$ IN PARALLEL MARKET
The Naira once again has depreciated to N1,745 per dollar in the parallel market from N1,740 per dollar on Thursday. Similarly, the Naira depreciated to...
CBN THREATENS TO SANCTION ERRING BANKS OVER CASH SCARCITY AT ATMS
The Central Bank of Nigeria (CBN) has threatened to take disciplinary action against erring banks and financial institutions over the ongoing cash scarcity at Automated...
OPEC+ POSTPONES MEETING TO DECEMBER 5
The Vienna-based Organisation of the Petroleum Exporting Countries (OPEC) announced Thursday that the OPEC+ alliance's ministerial meeting, which was originally set for Sunday, will now...
NEWS: UK OPENS AFRICA’S LARGEST VISA APPLICATION CENTRE IN LAGOS
On Wednesday, the UK announced that, through its new business partner, VFS Global, a new Visa Application Centre (VAC) had opened in Ikeja. It was...
200 TRUCKS TO LOAD PRODUCTS DAILY FROM P’HARCOURT REFINERY – PRESIDENCY
The presidency said on Tuesday that 200 trucks are set to load petroleum products daily from the Port Harcourt refinery. Speaking on his X handle,...
UPDATED: CBN HIKES INTEREST RATE TO 27.50% TO COMBAT INFLATION
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 27.50 percent from 27.25 percent as part of efforts to combat...
UPDATED: PORT HARCOURT REFINERY BEGINS PRODUCTION OF PMS, DIESEL, OTHERS, TRUCKS LOAD TODAY
The Nigeria National Petroleum Company Limited (NNPCL) has confirmed that the Port Harcourt Refinery in Rivers State has commenced fuel production. The Chief Corporate Communications...