Ondo 2024: NNPP Petitions INEC Over Candidates’ Impersonation
July 4, 2024Tinubu Unveils Economic Council
July 4, 2024
Thursday, July 4, 2024
Business
0 Minutes
Naira Appreciates Further Against Dollar At Official Market
The Naira on Tuesday further appreciated at the official market trading at N1,473.66 to the dollar. Data from the official trading platform of the FMDQ Exchange showed that the Naira gained N9.96. This represents...
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2 Minutes
CBN Reassures Safety Of Depositors’ Funds
The Central Bank of Nigeria has again reassured the banking public of the safety of their deposits and the banking system’s resilience. The apex bank’s Acting Director of Corporate Communications Department, Mrs Hakama Sidi-Ali,...
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2 Minutes
JUST IN: CBN Debunks Revocation Rumours For Fidelity, Polaris, Wema, Unity Banks
The Central Bank of Nigeria (CBN) has refuted allegations that it is contemplating the revocation of operating licences for Fidelity, Polaris, Wema, and Unity Banks. This clarification came amidst concerns about the stability of...
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1 Minute
Naira Depreciates By 0.16% Against Dollar At Official Market
The Naira on Friday recorded loss at the official market, trading at N1,483.99 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign...
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4 Minutes
Cooking Gas Export Ban Crashed Domestic Price – Marketers
The Federal Government’s ban on the export of Liquefied Petroleum Gas, popularly called cooking gas, has led to a crash in the cost of the commodity from about N1,500 per kilogram to around N900/kg,...
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1 Minute
UPDATED: Aggrieved Customers Besiege Heritage Bank In Calabar
There is commotion at the Heritage Bank office in Calabar where angry customers have threatened to break down the facility if their deposits are tempered with. Hundreds of customers as early as 7am on...
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1 Minute
CBN Denies Alleged Plans To Revoke Licences Of Unity, Polaris, Keystone Banks
The Central Bank of Nigeria (CBN)said it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. An online report had claimed that the CBN would withdraw the licences of the...
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6 Minutes
Heritage Bank: NDIC Begins Refund To Bank Customers
The Nigerian Deposit Insurance Commission has commenced the liquidation process of failed Heritage Bank with verification and payment of the bank depositors. NDIC disclosed this on Monday following its appointment as liquidator of Heritage...
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1 Minute
JUST-IN: Heritage Bank License Revoked Over Unstable Financial System
By Sanusi Abdullahi Oyelekan. The Central Bank of Nigeria (CBN) has revoked the license of Heritage Bank Plc with immediate effect. This decision, it said, was to maintain a stable and healthy financial...
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2 Minutes
CBN Permits International Oil Firms To Sell 50% Of Proceeds
The Central Bank of Nigeria on Friday, announced that international oil companies can sell their retained 50 per cent of repatriated export proceeds in the Nigerian Foreign Exchange Market. This decision comes after the...
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