Oil revenue crashes by N289.6bn as output falls Nigeria lost about N289.6bn crude oil revenue in November 2023 following a plunge in …
Business
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BankingBusiness
Nigeria to Take Over Banks Purchased by Ex-CBN Gov, Emefiele
by Daudu Johnby Daudu JohnNigeria to Take Over Banks Purchased by Ex-CBN Gov, Emefiele Nigeria said it will take possession of two banks that were allegedly …
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BankingBusiness
REVEALED: How Emefiele Allegedly Used Proxies To Buy Union, Keystone, Polaris Banks
by Daudu Johnby Daudu JohnREVEALED: How Emefiele Allegedly Used Proxies To Buy Union, Keystone, Polaris Banks The sacked governor of the Central Bank of …
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Forex gain adds N1.37tn to govt revenue – FAAC The unification of the country’s exchange rate significantly increased revenue from foreign exchange …
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CBN lifts ban on cryptocurrency transactions The Central Bank of Nigeria has changed its stance on crypto assets in the …
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NBS: Youth unemployment increased to 7.2% in Q2 2023 The unemployment rate among youth aged between the age of 15 …
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BusinessNews
FG orders telecom operators to block subscribers without NIN
by Daudu Johnby Daudu JohnFG orders telecom operators to block subscribers without NIN The Federal Government has directed telecommunication operators in Nigeria to disconnect …
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Nigeria’s inflation rate hits 28.2% for November, says NBS Nigeria’s headline inflation rate for November increased to 28.20% compared to the October …
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BankingBusiness
Nigeria, others spend $441bn on debt servicing – World Bank
by Daudu Johnby Daudu JohnNigeria, others spend $441bn on debt servicing – World Bank Nigeria and other developing countries have spent about $441bn on debt-serving in …
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BankingBusiness
Makinde commissions Premium Trust Bank regional office in Ibadan
by Daudu Johnby Daudu JohnMakinde commissions Premium Trust Bank regional office in Ibadan Oyo State governor, ‘Seyi Makinde, has reiterated that his administration will continue …