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Thursday, May 22, 2025
Economy
2 Minutes
CBN Reviews ATM Transaction Charges
The Central Bank of Nigeria (CBN) has revealed new transaction fees for Automated Teller Machines (ATMs), set to take effect on March 1, 2025. A circular, signed by John Onojah, the acting director of...
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3 Minutes
NLC Demands Power Minister’s Resignation Over Grid Collapse
The Nigerian Labour Congress has called for the resignation of the Minister of Power, Adebayo Adelabu, over the repeated collapse of the national power grid. In a statement late Tuesday night by the NLC...
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3 Minutes
Expect Tariffs Increment by Telcos – FG
Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani says telecom tariffs will soon increase but not by 100 per cent. Rising from a stakeholders’ meeting with Mobile Network Operators (MNOs) on Wednesday...
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1 Minute
Lifting Petrol from Dangote Refinery ‘ll Moderate FX Pressure- CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery will moderate foreign exchange demand pressures. Mr Cardoso, who said this on Tuesday in...
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1 Minute
CBN Gives PoS Operators One Month to Use Aggregators
Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal service aggregators. A circular posted on the CBN’s website on Thursday stated that the move...
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5 Minutes
Budget: FG Releases N1.2tn For Capital Projects
The Federal Government released a total sum of N1.23tn to 17 ministries for the implementation of capital projects aimed at advancing development and infrastructure initiatives as of September 30, 2023, findings by The PUNCH...
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2 Minutes
FG Opens Application For N110bn Youth Fund
The federal government is set to open applications this month to facilitate increased access to financial support for young entrepreneurs through the Nigeria Youth Investment Fund (NYIF). A budget of N110 billion has been...
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4 Minutes
Tinubu Injects N2 Trillion To Stimulate Economy
The Federal Government has injected N2 trillion into the economy to stimulate it. It was unveiled by President Bola Ahmed Tinubu yesterday as part of an accelerated stabilisation and advancement plan. Its target is...
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3 Minutes
Tinubu Unveils Economic Council
President Bola Tinubu on Thursday inaugurated a 31-member Presidential Economic Coordination Council comprising himself, the Vice President, the Senate President, and the Chairman of the Nigerian Governors Forum, among others. Thursday’s inauguration comes three...
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5 Minutes
FG Meets Local Refiners Over Pricing, Faults Dangote
The Federal Government, on Tuesday, declared that there was no importation of dirty fuel into Nigeria, countering the recent position of an official of the Dangote Petroleum Refinery. It declared this after meeting with...
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