NIN-SIM Linkage: NCC directs telecom operators to bar non-compliant subscribers
The Nigerian Communications Commission (NCC) has confirmed that it would not be reviewing its deadline to bar owners of more…
Business
Why we’ll closely monitor banks’ compliance with new minimum recapitalization—CBN
*Removes limit on PAPSS for trade payment services The Central Bank of Nigeria has vowed  to closely monitor the Nigerian…
CBN raises commercial banks minimum capital base to N500bn
The Central Bank of Nigeria has raised the capital base for commercial banks with international authorization to N500bn and national…
Again, Naira appreciates as Dollar now sells at N1,280 in parallel market
The Naira has continued to appreciate as the US dollar is currently selling at N1,280 in the parallel market. The…
We disconnected UCH over N400 debts – IBEDC
Management of Ibadan Electricity Distribution Company (IBEDC) PLC says it was compelled to disconnect power supply to University of Ibadan…
We didn’t owe IBEDC N495m electricity bill – UCH
University College Hospital, Ibadan, says it did not owe Ibadan Electricity Distribution Company) N495 million bill, as being insinuated. UCH’s…
CBN increases inter-bank interest rate to 24.75%
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, raised Monetary Policy Rate, MPR, – inter-bank loan…
NNPC announces new price for marketers
The Nigerian National Petroleum Company Limited (NNPC Ltd) has crashed the depot price of Premium Motor Spirit (PMS), popularly known…
Nigeria seeks joint W’Africa regional protection of undersea cables
Following recent undersea cable cuts that challenged connectivities in many countries in the West African region, Nigeria has called for…
Nigeria’s public debt hits N97trn in December 2023 – DMO
The Debt Management Office (DMO) on Friday disclosed in Abuja that Nigeria’s public debt stock as at Dec. 31, 2023…