In an aim to prevent the influx of illicit financing into the sector, the Central Bank of Nigeria is set to closely monitor the Nigerian banking sector’s recapitalization alongside law…
Business & Economy
Subscribers Demand Extension as Deadline Looms for SIM-NIN Linkage
With the deadline for the disconnection of telephone lines not linked to National Identification Numbers (NIN) fast approaching, subscribers have raised concerns and called for an extension of the deadline…
Federal Government To Review Oil Firm’s Plans On Gas Flaring
The Minister of State for Environment, Dr Iziaq Salako, has said the ministry through the National Oil Spill Detection and Response Agency will be commencing periodic review of the plans…
Central Bank Of Nigeria Raises Interest Rate To Twenty Four Percent
In an effort to tackle rising inflation, the Central Bank of Nigeria has raised the monetary policy rate, known as the interest rate, by 200 basis points per cent to…
Federal Government Files Tax Evasion Charges Against Binance
The Federal Government has taken legal action against Binance, a prominent cryptocurrency exchange platform, in a move aimed at upholding fiscal responsibility and preserving the economic integrity of the nation.…
President Tinubu Urges Nigerians To Patronize Local Products To Strengthen Naira
President Bola Tinubu on Friday urged Nigerians to patronize made-in-Nigeria products and services to sustain the recent gains of the naira in the foreign exchange market. He called for more…