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CBN postpones implementation of processing fees on cash deposits to Sept. 30

 The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on deposits within some  thresholds. This is according to a statement by...
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Senate probes non-completion of $18bn Abuja Centenary City project

The Senate has set up an ad hoc committee to investigate factors impeding the completion of the Abuja Centenary City project after 10 years. The...
Business

Reps decry increase in cement price

The House of Representatives, has expressed worry over continual rise in the price of cement, saying it is detrimental to the entire economy. The Deputy...
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SEC to delist Naira from cryptocurrency P2P platforms

The Securities and Exchange Commission (SEC) says there is the need to delist the Naira from cryptocurrency Peer-to-Peer (P2P) platforms. The acting Director-General, SEC, Dr Emomotimi...
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Naira consolidates gains by 3.3%

The Naira on Monday further appreciated at the official market, trading at N1,354.21 to the dollar. Data from the official trading platform of the FMDQ...
Business

NERC slashes electricity tariff for all Band A customers

The Nigerian Electricity Regulatory Commission (NERC) has approved a downward review of electricity tariff for Band ‘A’ customers from N225/kWh to N206.80/kwh. Under the approved...
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Shettima jets out to US-Africa business summit in Dallas

Vice-President Kashim Shettima is expected to depart Abuja for Dallas, United States of America, to represent President Bola Tinubu at the 2024 US-Africa Business...
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