The Ministry of Finance, Budget and National Planning has directed commercial banks in the country to start charging N50 electronic transfer levy on domiciliary accounts (foreign currency accounts). This was

The Edo State government-backed Edo Modular refinery has ordered the supply of 150,000 barrels of crude to meet the demand of its growing clientele base, weeks after commencing production. This

The continued naira scarcity in all parts of Nigeria has grounded countless small and medium businesses and pushed millions of families to increased poverty. Their troubles stem from the fact

The Chief Imam of Nurul Yaqeen Jumma’at Mosque Life Camp, Abuja, Sheikh Yahya Al-Yolawi, on Friday called on the Central Bank of Nigeria (CBN) to release more redesigned naira notes

The Central Bank of Nigeria has issued operational guidelines for open banking in Nigeria to ensure stability in the nation’s financial system. The apex bank in a circular referenced, ‘PSM/DIR/PUB/CIR/001/043’,

Oil prices fell on Wednesday as fears that more aggressive U.S. interest rate hikes would pressure economic growth and oil demand outweighed a larger-than-expected draw in U.S. crude stocks. Brent

Embattled directors of the Nigerian Investment Promotion Commission (NIPC) have, again, petitioned the minister of industry, trade and investment Otunba Adeniyi Adebayo, over continuous maltreatment and breach of the extant

Nigerian Supreme Court ruled on the naira redesign, directing the Nigerian government to allow the validity of N200, N500, and N1000 notes until December 31. The acting Director of Corporate