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Friday, April 26, 2024

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CBN lifts restrictions on domiciliary account operations

The Central Bank of Nigeria (CBN) has lifted restrictions placed on domiciliary accounts limiting individuals' operations. The lift was contained in a “further guidance on...

IMF drums support for CBN’s exchange rate unification policy

The International Monetary Fund (IMF) on Friday expressed support for the Central Bank of Nigeria (CBN’s) exchange rate unification policy. The Nation report claimed the...

IPMAN protests exclusion from petroleum product distribution, urges President Tinubu’s intervention

Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) took to the streets of Lagos in a peaceful protest on Thursday. The demonstration...

NCC tasks telcos on network security, consumer safety

The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) and Internet Service Providers (ISP) in the country to comply with regulatory frameworks...

Nigeria’s Telecom access gaps drop by 53%

The number of identified areas of clusters across Nigeria without access to the telecommunications services has been reduced by 53.1 per cent as at...

Banks now free to trade forex at any rate – CBN

The Central Bank of Nigeria has announced that commercial banks can now go ahead to freely trade foreign exchange at any rate they prefer. This...

Downstream oil marketers seek end to NNPCL petrol import monopoly

Key players in Nigeria's downstream oil and gas industry are taking steps to break the monopoly held by the Nigerian National Petroleum Company Limited...

Enugu Agency targets 500, 000 homes

The Enugu State Housing Development Corporation ESHDC, has assessed 1.6 billion naira loan under the Family Homes Funds initiative of the Federal Government for...

SEC directs Binance to cease soliciting Nigerian investors

The Securities and Exchange Commission of Nigeria (SEC) has issued a directive to Binance, the world's largest cryptocurrency exchange, ordering them to halt the...

Emefiele: Suspended CBN boss arrested

The suspended Governor of the Central Bank, CBN, Mr Godwin Emefiele has been arrested by the Department of State Services (DSS). According to PM News...

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