The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. […]
Continue readingCategory Archives: ECONOMY
BREAKING: Nigeria Inflation Rate Rises AgainÂ
Nigeria’s annual inflation rate rose to 34.60 per cent in November from 33.88 per cent in October, the National […]
Continue readingFLASH: NNPC Reduces Petrol Pump Price
The Nigerian National Petroleum Company Limited (NNPCL), has reduced the pump price of Premium Motor Spirit (PMS), also known as […]
Continue readingCBN Says 94% Of Cash In Circulation Outside Banks And Presently N4.3 TrillionÂ
The Central Bank of Nigeria has revealed that more than 94 per cent of the cash in circulation in the […]
Continue readingCBN Imposes N150m Fine On Banks Releasing New Notes To POS Operators, Others
The Central Bank of Nigeria (CBN) has announced a fine of ₦150 million on Deposit Money Banks found guilty of […]
Continue readingJUST-IN: CBN Clarifies Nigerians Over Old Naira Notes Expiring Date
The Central Bank of Nigeria (CBN) has reaffirmed that all versions of the naira, including the old and new designs […]
Continue readingNigeria’s Oil Output Rises 13% To 1.7 Million BPD
Nigeria’s oil output has risen year-on-year, YoY, by 13.3 per cent to 1.7 million barrels per day, bpd, including […]
Continue readingFULL LIST: 50 Ways Nigerians Can Benefit From Tax Reforms
Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has listed ways Tax Reforms will […]
Continue readingEconomy: Better Days Ahead – President Tinubu Assures Nigerians
President Bola Tinubu is confident of an economic rebound and is asking Nigerians to keep faith in his administration’s reforms. […]
Continue readingNaira Gains Rapidly Against Dollar As Sellers Struggle To Find Buyers
The exchange rate between the naira and the dollar continued its rapid appreciation on the official EFEM market, closing at […]
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