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54 pipelines vandalized in February – NNPC

The Nigerian National Petroleum Corporation (NNPC) says 54 oil pipeline points were vandalized in February 2021. The Company disclosed this…

5 years ago

Nigerian equity market downtrend extends further

The Nigerian Exchange downtrend extended to nine consecutive sessions on Thursday, driven by losses suffered by blue-chip equities such as…

5 years ago

Make your states viable, Emefiele charges governors

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has tasked Governors of the 36 States of…

5 years ago

Nigeria reviews Industrial Revolution Plan

Nigeria’s Industrial Revolution Plan is being reviewed to reflect the economic realities and aspirations of the Federal Government. The Minister…

5 years ago

MAN urges CBN to supply forex to manufacturers

The Manufacturers Association of Nigeria (MAN) advised the Central Bank of Nigeria (CBN) to provide foreign exchange to manufacturers to…

5 years ago

CBN debits Zenith Bank, UBA, 13 others N120bn over CRR default

The Central Bank of Nigeria (CBN) has debited banks a total of N120.2 billion for failing to meet its Cash…

5 years ago

MPC’s rates retention fails to inspire NGX investors

The decision of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to leave the benchmark rates…

5 years ago

Nigeria’s external reserves dip 2.25% in one month despite oil price rise

Nigeria’s external reserves went in an inverse direction in relations to the price of oil in the last one month.…

5 years ago

CBN sets new capital requirements for payment firms

The Central Bank of Nigeria (CBN), the country’s apex bank, has set new capital requirements for payment firms in the…

5 years ago

NCC cautions banks, telcos over illegal GSM boosters installation

The Nigerian Communications Commission (NCC) has warned the general public especially banks and other financial institutions, government agencies, telecommunications service…

5 years ago

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