Business
CBN appoints 16 new directors – after nine months
The new appointees will oversee banking supervision, payment systems, and consumer protection, areas critical to Nigeria’s financial sector The Central...
Umahi: Contractors must begin work for two weeks before mobilisation fees
The minister confirmed that 40 kilometres of the dual carriageway would be constructed using rigid pavement (concrete) for durability and...
Stakeholders ask govt to prioritise Almajiri education system, seek improvement
It said that there is optimism that continuous collaboration will provide essential academic materials and structured support for disadvantaged Almajiri...
Why we approved 50% telecom tariff hike – Nigerian govt
He explained that the decision was in tandem with the need to ensure the sustainability of foreign investment amidst rising...
Sterling Bank increases salaries, entry-level staff to earn N528,000 monthly
Sterling Bank raises salaries for over 3,000 employees, with entry-level staff now earning N528,000 net monthly. The increment, over 35%...
CBN retains Nigeria’s interest rate at 27.50%
Says the rate pause was necessary following the recent inflation decline The Central Bank of Nigeria Monetary Policy Committee has...
E-Invoicing: FIRS to Onboard Selected Large Taxpayers in July
FIRS is rolling out its e-invoicing system, starting with large taxpayers in July 2025, to enhance tax compliance and streamline...
Inflation Drops to 24.4% Amid High Food Prices
Nigeria's Consumer Price Index declined to 24.4% in January, but food inflation remains high at 26.08%, raising concerns about affordability...
Bank directors with bad insider loans must step down — CBN
The CBN further directed banks to comply with Section 19 of the Banking and Other Financial Institutions Act 2020 by...
CBN: New ATM Withdrawal Policy to Benefit Banks and Customers
The Central Bank of Nigeria's new ATM policy, effective March 1, 2025, charges N100 for withdrawals from other banks' ATMs...
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