Barring any last-minute change, MRS and other partners of the Dangote Petroleum Refinery are set to begin selling petrol at N739 per litre. This comes two days after the refinery slashed its petrol gantry price from N828 to N699 per litre. Speaking at a press briefing at the Lekki refinery on Sunday, the President of…
President Donald Trump on Tuesday signed a Proclamation further restricting entry to the United States for nationals from countries deemed high-risk due to “demonstrated, persistent, and severe deficiencies in screening, vetting, and information-sharing” that threaten U.S. national security and public safety. Among the 15 additional countries newly subject to partial restrictions is Nigeria. The announcement…
The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. This was contained in a circular to all deposit money banks (DMBs), microfinance Banks, mobile money operators and super-agents, titled ‘Cash-out limits for agent banking transactions,’. The apex bank of Nigeria, CBN, said the restriction…
The Court of Appeal in Abuja has affirmed the January 22 judgment by Justice James Omotosho of the Federal High Court in Abuja nullifying the passage of Rivers State’s N800 billion 2024 budget by four members of the House of Assembly. In a judgment on Thursday, a three-member panel of the appellate court, led by…
