CBN Governor

Foreign Reserves Can Finance 12 Months of Imports – CBN Governor

The Nigerian foreign reserves has risen to US$39.12 billion, representing 12.74 per cent as of October 11, 2024 (last week Friday) from US$34.70 billion at the of end June 2024, the Central... Read more »
Eggs

Eggs Prices Skyrocket: Nigerians Feel the Pinch as Crate Hits ₦6,000

Eggs have become inaccessible for several Nigerian homes who cannot afford to pay N6000 to purchase a crate of the poultry products. The average price of a crate of eggs has hit... Read more »
TAX

Tax: We’re Working For Rich To Pay More While The Poor Pay Less – Oyedele

The Chairman of Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has said the Committee is coming up with reforms to ensure that Nigerians who are supposed to pay tax... Read more »

Nigeria Generates N103.7bn from Electronic Money Transfer Levies in H1 2024

The Federal Government of Nigeria has generated N103.7bn in revenue from the Electronic Money Transfer Levies in the first half of 2024. According to data from the Central Bank of Nigeria’s statistical bulletin,... Read more »
Nigerian Electricity

Nigeria’s Power Generation Drops In Second Quarter 2024

Data released by the Nigerian Electricity Regulatory Commission has revealed that power generated in the country dropped in the second quarter of 2024. As of the first quarter of 2024, the country... Read more »
Dangote Refinery 1

Dangote Refinery Begins Direct Sales to Marketers

The Federal Government has announced that the Marketers are now permitted to directly obtain petrol from the Dangote Refinery The Federal Government has granted permission for petroleum marketers to obtain petrol directly... Read more »
Zenith Bank 2

Zenith Bank Restores Full Access to Digital-Channels After Infrastructure Upgrade

Zenith Bank, one of Nigeria’s foremost financial institutions, has successfully restored full operational services across its electronic transaction channels, ensuring that customers can now enjoy seamless access to digital banking services. This... Read more »
Access Bank

System Upgrade: Access Bank To Experience Temporary Service Disruption

Access Bank has announced that it will temporarily shut services for a system upgrade aimed at optimising its offerings to customers. In an email sent to its customers on Tuesday, the bank... Read more »
Naira and dollars 1

Naira Drops Further As NNPCL Hikes Fuel Prices Again

The naira continued its downward spiral against the dollar at the foreign exchange market following another round of fuel price increases by the Nigerian National Petroleum Company Limited. This latest adjustment marks... Read more »
CBN GTCO

Misconduct: CBN Debunks Allegations Against GTCO

In a show of strong support for Guaranty Trust Holding Company (GTCO), the Central Bank of Nigeria (CBN) has set the record straight by debunking allegations being peddled against GTCO and its... Read more »