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Category: Business

CBN fines Fidelity Bank, First Bank Plc, UBA, six others N1.35bn for ATM cash scarcity
Business

CBN fines Fidelity Bank, First Bank Plc, UBA, six others N1.35bn for ATM cash scarcity

EditorJanuary 15, 2025

  From News Editor The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for…

Fuel prices may rise in coming days as crude nears $80/barrel
Business

Fuel prices may rise in coming days as crude nears $80/barrel

EditorJanuary 13, 2025

  From News Editor The prices of refined petroleum products may rise in the coming days following the increase in…

NAMA commences calibration of landing equipment at Ekiti Airport   … EKSG says airport set for commercial operations
Business

NAMA commences calibration of landing equipment at Ekiti Airport … EKSG says airport set for commercial operations

EditorJanuary 11, 2025

  From News Editor   The Nigeria Airspace Management Agency (NAMA) on Friday commenced the calibration of landing system at…

Nigeria gets W’Bank $1.5bn for implementing subsidy removal, tax bills
Business

Nigeria gets W’Bank $1.5bn for implementing subsidy removal, tax bills

EditorDecember 30, 2024

  From News Editor The World Bank has fully disbursed a $1.5bn loan to Nigeria following the Federal Government’s implementation…

Google, Facebook, others pay N3.8tn tax to FG in 2024 – Report
Business

Google, Facebook, others pay N3.8tn tax to FG in 2024 – Report

EditorDecember 19, 2024

  From News Editor   Google, Netflix, Facebook, and other foreign companies operating in Nigeria paid N3.85tn in taxes to…

Police issue tips to bank customers against ATM fraudsters
Business

Police issue tips to bank customers against ATM fraudsters

EditorDecember 8, 2024

  From News Editor   The Yobe State Command of the Nigeria Police Force has released tips on how bank…

CBN to retire 1,000, offers 50 billion payoff plan 
Business

CBN to retire 1,000, offers 50 billion payoff plan 

EditorDecember 2, 2024

  From John Adeleye   There are indications that the Central Bank of Nigeria (CBN) may retire about 1,000 of…

Just In : FG begins N50 electronic levy deductions from users of Opay, Moniepoint, others
Business

Just In : FG begins N50 electronic levy deductions from users of Opay, Moniepoint, others

EditorDecember 2, 2024

  From News Editor   The federal government has commenced N50 electronic levy deductions from transactions of N10,000 and above…

Breaking: Okonjo-Iweala reappointed WTO director-general
Business

Breaking: Okonjo-Iweala reappointed WTO director-general

EditorNovember 29, 2024

  From News Editor   World Trade Organization chief Ngozi Okonjo-Iweala was reappointed Friday for a second term, in the…

Tinubu seeks Senate’s approval of fresh N1.767tn external borrowing
Business

Tinubu seeks Senate’s approval of fresh N1.767tn external borrowing

EditorNovember 19, 2024November 19, 2024

  From News Editor Nigeria’s President Bola Tinubu has written to the National Assembly to approve a fresh N1.767 trillion…

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