Former acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, testified on Wednesday before the Federal Capital Territory High Court in Abuja, revealing that...
The World Bank has announced that it has approved three new loan requests for Nigeria, totalling $1.57 billion in financing. News About Nigeria reports that this...
The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to begin payments to depositors of the defunct Heritage Bank who had deposits exceeding N5 million. This...
The Central Bank of Nigeria (CBN) has raised its Monetary Policy Rate (MPR) by 50 basis points, increasing it from 26.75% to 27.25% as a way...
Aliko Dangote, Nigerian business tycoon, has said that the time for him to purchase Arsenal FC “has passed”. News About Nigeria reports that Dangote spoke in...
The Central Bank of Nigeria (CBN) has unveiled a new board of directors for Keystone Bank. News About Nigeria reports that the development was announced in...
The Federal Competition and Consumer Protection Commission (FCCPC) has attributed the rise in food prices to market cartels formed by traders across the country. FCCPC Chief...
Tony Elumelu, the chairman of Heirs Holdings and the United Bank of Africa, has said that Nigeria’s economic growth requires more than temporary solutions, News About...
Finance Minister Wale Edun has dismissed speculation about a possible hike in Nigeria’s Value-Added Tax (VAT) rate, News About Nigeria reports. In a statement on Monday,...
On Saturday, OPay announced that starting from Monday, September 9, 2024, it will charge customers N50 on electronic transfers into personal and business accounts in compliance...