The Central Bank of Nigeria (CBN) has directed all banks, payment service banks, and other regulated financial institutions to immediately […]
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CBN Proposes Five-year Ban On Repeat Dud Cheque Offenders
The Central Bank of Nigeria has proposed stricter sanctions for individuals who repeatedly issue dud cheques, including an automatic five-year […]
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Ban On Sachet Alcohol Threatens N1.9 Trillion Local Investments — MAN
The Manufacturers Association of Nigeria (MAN) has warned that the decision to ban the production and sale of alcoholic beverages […]
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BREAKING: Dangote Refinery Slashes Ex-depot Petrol Price
The Dangote Petroleum Refinery has slashed its ex-gantry petrol price to N828 per litre. According to sources at the refinery, […]
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PENGASSAN Crisis: Dangote Refinery Redeploys Sacked Workers To Borno, Zamfara
The Dangote refinery has re-employed the engineers sacked last month during the crisis between it and the Petroleum and Natural […]
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Forex Traders Struggle To Survive As CBN Cuts BDCs Off From Dollar Supply
The Bureau De Change (BDC) operators have lamented that they are close to going out of operations as most of […]
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Nigeria Records Over $50 Billion Crypto Transactions In One Year – SEC DG
Nigeria witnessed cryptocurrency transactions exceeding $50 billion between July 2023 and June 2024, according to the Director-General of the Securities […]
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FLASH: Rice Prices Crash Across Lagos Markets Amid Increased Supply
Rice prices have dropped sharply in several Lagos markets due to a surge in border imports, easing the burden on […]
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BREAKING: Dangote Increases Refinery Capacity From 650,000 To 1.4 Million bpd
Dangote Refinery has announced that it is increasing its production from 650,000 barrels per day to 1.4 million barrels per […]
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Roxettes Group Mulls Relocating Plants From Southeast To Lagos Over Insecurity
Roxettes Group is considering the relocation of its automotive plant, paint and chemical subsidiaries, and other operations from the Southeast […]
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