The Central Bank of Nigeria has reiterated the resilience, safety and soundness of Nigerian Deposit Money Banks and other financial institutions under its supervision. This was contained in a statement released on Saturday by the Acting Director, Corporate Communications Department, Osita Nwanisobi, in Abuja ahead of the Monetary Policy Committee […]

…says subsidy withdrawal without alternative energy dangerous Without devising an alternative source of energy supply, Nigerians have been told to brace up for tougher days ahead, as the pump price of Premium Motor Spirit (PMS), best known as petrol, may hit the roof soon. The Department of Petroleum Resources said […]

SEC proposes N10m registration fees for issuing houses, others CBN wants private sector funding to tackle 22m housing deficit PIB: How Senate permits only Dangote, NNPC to import petroleum products The Board of Directors of FCMB Group Plc have announced the appointment of Yemisi Edun as the Managing Director of […]

Insecurity: Onion producers suspend supply to South-East Onion Producers and Marketers Association of Nigeria, on Wednesday, suspended onion supply to the South-East over insecurity. OPMAN National President, Aliyu Isah, made the announced its decision on the matter on Wednesday. Isah said the association took the decision following the recent hijack […]

….Gov Ahmadu says Atiku’s vision is in tandem with the state’s economy blue print The former vice President of the Federal republic of Nigeria, Alhaji Atiku Abubakar commissioned a Standard Microfinance corporate headquarters in Yola. The Wazirin Adamawa in his speech at the premises of the Bank’s corporate office, Monday […]

The national electricity grid suffered a system collapse on Wednesday, leading to power outage across the country. Ndidi Mbah, spokesperson of the Transmission Company of Nigeria (TCN), said there is ongoing effort to fully restore electricity on the grid. “The Transmission Company of Nigeria hereby states that at about 11.01 […]

…cautions against hoarding, panic buying Contrary to speculations of an imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation has ruled out any increment in March 2021. A press release by the NNPC Group General Manager, Group Public Affairs Division, Dr […]

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