News
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Price Fixing: PoS operators risk three months imprisonment, says FCCPC
The Federal Competition and Consumer Protection Commission has said Point of Sale operators caught for price fixing risk three months…
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“Don’t Increase Nigerians’ Hardship, Stop Electricity Tariff Hike”—- Senate tells FG:
Senators on Tuesday asked the Federal Government to halt the planned increment of the electricity tariffs in order to lessen…
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CBN admits forex supply issues creating exchange rate volatility
Acting CBN Governor Fola Shonubi admitted on Tuesday that supply-demand imbalances are fuelling current volatility in Nigeria’s exchange rates. In…
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CBN increases interest rate to 18.75% in first MPC session since Emefiele’s suspension
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the benchmark interest rate (MPR) by…
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Tinubu To Send Ministerial List To Senate On Thursday — Senate Leader
President Bola Tinubu will on Thursday, send the much awaited ministerial list to the senate, the Senate Leader, Opeyemi Bamidele,…
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Outrage as DSS clash with prison officials, re-arrest Emefiele
There’s growing outrage following the violent clash between the officials of the Nigeria Correctional Service (NCoS) and operatives of the…
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Fidelity Bank reclassified as Medium Price Stock
Following a bullish run in the stock market in recent months, the Nigerian Exchange Limited (“NGX”) on Friday announced the…
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Intl. Airlines to adjust exchange rates for tickets to N803/$1 from 18th July
International airlines in Nigeria have adjusted the exchange rate for selling tickets to Nigerians to N803/$1, according to reliable sources…
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APC confirms Adamu, Omisore resignation as Kyari takes over as acting National Chairman
The National Working Committee (NWC) of the All Progressive Congress (APC) has confirmed the resignation of the National Chairman of…
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An Investor Now Requires CBN’s Prior Approval and a No Objection to Acquire 5% Equity Holding of a Bank/Holdco
Based on the new Central Bank of Nigeria (CBN) Corporate Governance Guidelines recently issued by the bank regulator, potential investor will…
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