CBN suspends processing fees on cash deposits, assures Nigerians banks are healthy
The Central Bank of Nigeria said Monday that that processing fees placed on deposits exceeding N500,000 for individual accounts and…
CBN raise alarm over fake naira notes in circulation
The Central Bank of Nigeria (CBN) has alerted Nigerians to fake naira notes currently in circulation. A statement by CBN’s…
Why I cannot serve in APC finance committee by BUA chairman
Abdul Samad Rabiu, chairman of the BUA Group, said his apolitical nature and lack of time would not permit him…
Tinubu presents N27.5 trillion ‘Budget of Renewed Hope’ to National Assembly, says security, investments are cornerstone
President Bola Tinubu Wednesday presented his 2024 Budget to the National Assembly saying that the country’s defence and internal security,…
Old and new naira to exist side by side, Supreme Court rules
The Supreme Court on Wednesday said both the old and new redesigned naira notes will remain legal tender until further…
Subsidy removal: FG earns N1 trillion monthly revenue
Finance Minister Wale Edun says the federation account is witnessing improved revenue inflow since the subsidy removal, from an average…
Inflation soaring, price of commodities follow suit, NBS October stats reveal
The National Bureau of Statistics said Nigeria’s headline inflation rate increased to 27.33 per cent in October 2023. The NBS…
Don’t put your money in wonder banks, Ponzi schemes, NDIC boss warns Nigerians
The Nigeria Deposit Insurance Corporation has urged Nigerians to stop putting their money in wonder banks and Ponzi schemes. NDIC…
Keyamo to Aviation CEOs: I’ll sack you before Tinubu sacks me
Minister of Aviation and Aerospace, Festus Keyamo, has warned chief executives of government aviation agencies to brace up for the…
CBN denies asking banks to collect N500, N1000 old notes
The Central Bank of Nigeria (CBN), says it never directed commercial banks to collect old N500 and N1,000 from customers.…