Private depots at the weekend crashed the price of Premium Motor Spirit (PMS) to N495 – N496 per litre from N502 to N503/litre. The development came...
Point of Sale agents in Lagos State will soon begin to charge customers N500 for N10,000 cash withdrawals. This is after the Association of Mobile Money...
The Naira on Friday dropped against the dollar, exchanging at N769.25 at the investors and exporters window. The Naira depreciated by 0.82 per cent when compared...
The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol, since May...
Oil marketers in the country say the pump price for petrol could rise above N700 per litter. According to Mike Osatuyi, National Controller Operations, Independent Petroleum...
The Central Bank of Nigeria (CBN) has set a maximum daily transaction limit of N50,000 for contactless payments. TRACKNEWS reports that in a circular released on...
The World Bank Group has approved a loan of $500m to help Nigeria drive women’s empowerment This became the second loan approved by the World Bank...
There are strong indications that the national average price of petrol will rise further as marketers benchmark costs against rising exchange rates. Marketers who spoke to...
Port Harcourt — The South-South Youths Initiative has accused members of the Independent Petroleum Marketers Association of Nigeria, IPMAN, and the Nigerian Union of Petroleum and...
France says it has earmarked €600,000 to invest in Nigeria with the bid to make French a language of communication in the country. The Embassy of...
The Debt Management Office (DMO) has announced that Nigeria’s total public debt reached ₦49.95 trillion ($108.30 billion) as of March. This figure includes the external and...
Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), has announced the formation of two business advisory committees, one made up of influential corporate leaders...
Many women and men broke down on Tuesday in Ogun State and wept as if their hearts were breaking after discovering that the money invested in...
A recent report has revealed an alleged failed rice supply deal involving the chairman of BUA Group, Alhaji Abdul Samad Rabiu, former Nigeria’s Minister of Finance,...
The Department of State Services (DSS) interrogated the former MD of an old generational bank yesterday. Also, two bank CEOs were stopped from travelling out of...
Mr. Ndubuisi Anadi, the Coordinator of Moniepoint in-charge of Anambra State, has been arrested by the Anambra State Internal Revenue Service (AIRS). Anadi was arrested over...
Akinola George-Taylor, Managing Director of embattled Heritage Bank is yet again engulfed in a failed move to blackmail ENigeria Newspaper. This is following a revelation in...
Unease in Akinola George Taylor Led Heritage Bank as Head of IT Diverts N49 Billion into Separate Accounts and Disappears Our source learnt that Rilwan Dabiri...
The National Economic Council (NEC) Thursday considered two forms of palliatives for workers and vulnerable persons to cushion the effects of petrol subsidy removal. The proposals...
Godwin Emefiele, the suspended governor of the Central Bank of Nigeria, has identified the suspended Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, as...
Heritage Bank led by Akinola George-Taylor, one of Nigeria’s lending establishments is once more engulfed in the web of severe crisis shaking it to its very...
Heritage Bank led by Akinola George-Taylor, one of Nigeria’s lending establishments is once more engulfed in the web of severe crisis shaking it to its very...
The Central Bank of Nigeria (CBN) has announced the unification of all segments of the forex market collapsing all windows into one.What this means now, is...
■■As Bank battles liquidation, struggles to stay afloat A seeming boardroom crisis that may rock troubled Heritage Bank to its foundation is currently brewing in the...
A human rights organisation, under the aegis of George Uboh Whistleblowers Network, on Monday advised President Bola Tinubu to direct law enforcement agencies to collaborate with...
Twelve people have been called to the Nigeria Customs Service (NCS) headquarters in Abuja for questioning regarding their alleged involvement in the smuggling of refined petroleum...
The Nigerian National Petroleum Company Limited has issued a fresh circular to oil marketers on how much they will pay to get petroleum products. This came...
On May 25, Rofiat Omowumi, an Oyo-based United Bank of Africa (UBA) customer, woke up to an unathorised debit alert of N110,000. She would later discover...
LAGOS — The Securities and Exchange Commission, SEC, Nigeria’s markets regulator, has ordered the world’s largest cryptocurrency exchange Binance to halt its operations in the country,...
The National Union of Banks, Insurance, and Financial Institutions Employees (NUBIFE) staged a protest on Tuesday at the head office of Polaris Bank in Lagos over...
Folashodun Adebisi Shonubi is now the acting Governor, Central Bank of Nigeria (CBN). Shonubi was born on the 7th of March, 1962. He attended the University...
