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Non-interest banking essential for economic growth – Bank chair
Umaru Abdul-Mutallab, the chairman of Nigeria's first non-interest bank, Jaiz Bank Plc, has emphasized the importance of…
NBC revokes AIT, Silverbird, Raypower, Rhythm FM, others’ licences
The National Broadcasting Commission (NBC) has revoked the broadcast licences of Silverbird TV, AIT, Raypower FM, and Rhythm FM…
Illegal gathering: Rivers seals hotel, others, arrests scores
During the early hours of Friday, a combined team of security operatives sealed a hotel, bar, and filling station in Port…
eNaira records 200,000 users, N4bn transactions value – Emefiele
The Central Bank of Nigeria (CBN)’s digital currency, eNaira, has recorded 200,000 volumes and four billion Naira value of…
Nigeria spends N18.397bn daily on petrol subsidy – FG
The Federal Government has disclosed that it spends N283 per litre or N18.397billion per day on petrol subsidy.
The Minister of…
CBN unveils USSD code to access eNaira, effective from next week
The Central Bank of Nigeria (CBN) has unveiled a new short code for subscribers of its digital currency, eNaira to make…
Rising inflation: Those claiming Buhari ran Nigeria’s economy aground are…
The Presidency on Friday said so-called revisionists and ‘experts’ who claimed President Muhammadu Buhari has run the nation’s…
Lagos Chamber of Commerce reacts to July Inflation Rate
In July 2022, Nigerians paid more for goods and services than they did exactly a year earlier in July 2021 by a relatively high…
Turkish Airlines passengers in Nigeria to purchase tickets in dollars
Turkish Airlines has suspended sale of tickets in naira, and instructed its customers to pay in United States dollars.
The…
CBN ends COVID-19 slash, reverts to 9 percent interest rate on all its…
The Central Bank of Nigeria (CBN) has reverted to 9 percent interest rate on its facilities, ending its Covid-19 period reduction…