Directors of banks, under the auspices of the Bank Directors Association of Nigeria (BDAN), have assured…
Category: Business/Economy
Shell confirms fresh oil leak in Rivers community, responds to contain spill
The Shell Petroleum Development Company (SPDC) has confirmed an oil spill at Ebubu, in Eleme Local…
CBN debunks rumoured plan to shut down some banks
* Says NSPMC has capacity to print enough Naira notes The Central Bank of Nigeria (CBN)…
BREAKING: Council of State backs Naira redesign policy, directs CBN to put new notes in circulation
The National Council of State has backed the Federal government’s new monetary policy but tasked the Central…
Cash crunch: NCC expresses worry over PoS machine failures, digital banking challenges
The Nigerian Communications Commission (NCC) has warned that the vandalisation of infrastructure belonging to telecommunication companies…
Naira gains further at official market as demand for dollar declines
The Naira continued a good run against the US dollar at the official market on Thursday.…
Naira swap: Relief as FG bows to Supreme Court’s suspension of Feb 10 deadline
Nigerians may now heave a sigh of relief following the declaration by the Attorney-General of the…
Naira redesign: Buhari chairs as Council of State meeting gets underway
* Jonathan; Gowon, Abdulsalami Abubakar present, OBJ joins virtually President Muhammmadu Buhari, on Friday, chaired the…
FG agency orders filling stations to accept bank transfer, PoS transactions
… As Naira scarcity bites hard The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has…
CBN regrets hiccups in Naira redesign, assures scarcity will ease soon
The Central Bank of Nigeria (CBN) has expressed optimism that the current scarcity of the Naira…