By Esther Kainebi-Daniel The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again jerked up the monetary policy rate (MPR), the benchmark...
The Nigeria Electricity Regulatory Commission (NERC) has been urged to stop a planned increase in electricity tariff. The appeal came from the House of Representatives on...
The Nigerian maritime sector is set to witness improved fortune as the United States Coast Guard reaffirmed cooperation with the Nigerian Maritime Administration and Safety Agency...
In a move to boost the economy, President Bola Tinubu has signed four Executive Orders. One of the orders is the suspension of the five per...
The Central Bank of Nigeria (CBN) on Wednesday night announced the unification of all segments of the forex exchange (FX) market. In a circular, the CBN...
The House of Representatives on Monday faulted the purported launch of Nigeria Air in the last days of the administration of former President, Muhammadu Buhari. The...
The Central Bank of Nigeria ( CBN) on Thursday denied devaluing the naira . This clarification came from the Acting Director, Corporate Communication, Dr. Isa AbdulMumin,...
The Nigerian National Petroleum Company Limited (NNPC) on Wednesday adjusted the pump price of petrol by over 100% to between N488 and N557. The development followed...
Theo Founderf First City Monument Bank (FCMB), Otunba Michael Olasubomi Balogun, is dead. According to reports, family sources revealed that Balogun died in London Friday morning...
The Central Bank of Nigeria (CBN) has disclosed that the Bank Verification Number (BVN) has no expiry date. According to the CBN, once a customer’s biometrics...
