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ASSETS & FINANCIALS
CBN Bars Crypto Bank Account Operators From Cash Withdrawal
Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the Central of Nigeria has…
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NEWS LENS
FG Launches Irrigation Project To Boost Wheat Production
The Federal Ministry of Agriculture and Food Security has commenced the 2023/24 dry season farming to boost production and enhance…
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NEWS LENS
SAHCO Takes Over Ethiopian Airlines Ground Handling Services
Skyway Aviation Handling Company Plc says it has won the contract to take over the ground handling services to Ethiopian…
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OIL & GAS
Dangote Refinery Gets Another One Million Crude Barrels
Dangote Refinery Company The Dangote Petroleum Refinery, on Monday, received the fourth shipment of one million barrels of bonny light…
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ASSETS & FINANCIALS
President Signs Budget As N’Assembly Raises Lawmakers Allocation To N344bn
President Bola Tinubu The National Assembly has raised its 2024 budgetary allocation by 74.23 per cent to N344.85bn. This will…
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ASSETS & FINANCIALS
NGX Group Appoints Popoola CEO As Onyema Bows Out
Former Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema The Nigerian Exchange Group has announced…
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ASSETS & FINANCIALS
Non-Oil Revenue Soars By 67% To N4tn, Says CBN
The Federal Government has grown its non oil revenue by 67 per cent to approximately N4tn quarter-on-quarter, according to the…
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NEWS LENS
Rice Remains Restricted Despite Lifting Of Forex Ban – Customs
Despite the skyrocketing cost of rice and the recent halt on the ban of foreign exchange for its imports, the…
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ASSETS & FINANCIALS
Nigeria To Develop cNGN Stablecoin In 2024 – Report
Nigeria is apparently launching its first regulated Naira stablecoin called cNGN following the lifting of a two-year ban on cryptocurrency…
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OIL & GAS
More Traders Replace USD With Other Currencies For Oil Transactions
• More Nigerian operators seek naira adoption Amidst the ongoing Russia-Ukraine war, more countries have shifted from decades-long petrodollar, as…
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ASSETS & FINANCIALS
E-Naira Jumps By 284%, Notes Decline To N2.7tn – CBN
The volume of eNaira in circulation rose by 284.6 per cent to N9.78bn in August, according to the Central Bank…
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ASSETS & FINANCIALS
FG Can Generate N10tn From Non-Oil Assets –Tax Panel Chair
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has said that Nigeria can easily…
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ASSETS & FINANCIALS
Your Money Is Safe In Banks, CBN Assures Nigerians
The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s…
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ASSETS & FINANCIALS
Finance Ministry Gets $5.6m W’Bank Loan For Stationery, Others
The Home Finance Department of the Ministry of Finance, Budget and National Planning has received the sum of $5.6m from…
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ASSETS & FINANCIALS
CBN Investigator Summons Lemo, Others Over Union Bank Deal
Tunde Lemo The Special CBN Investigator, Jim Obazee, has summoned the Chairman of Titan Trust Bank, Babatunde Lemo, in connection…
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ASSETS & FINANCIALS
Emefiele Rejects Investigator’s Report, Says Allegations Satanic
Godwin Emefiele Embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele, has faulted allegations of stolen funds against…
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OIL & GAS
Oil Revenue Crashes By N289.6bn As Output Falls
Oil worker Nigeria lost about N289.6bn crude oil revenue in November 2023 following a plunge in the country’s oil output…
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NEWS LENS
How Emefiele Used Proxies To Acquire Banks – CBN Investigator
Godwin Emefiele …says ex-CBN gov sold banks without payment evidence, recommends lenders’ forfeiture to FG Report reveals how former apex…
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ASSETS & FINANCIALS
CBN Lifts Ban On Cryptocurrency Transactions
The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard…
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NEWS LENS
How Emefiele Mismanaged CBN – Report
Godwin Emefiele, Former CBN Governor The Special Investigator probing the Central Bank of Nigeria (CBN), Jim Obazee, has discovered 593…
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