Economy
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CBN plans to impose $10,000 yearly limit on foreign school fee payments through BDC operators
The Central Bank of Nigeria (CBN) is considering implementing a yearly cap of $10,000 on the payment of educational fees…
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Tinubu approves Social Security Unemployment Programme
President Tinubu has approved a program named Social Security Unemployment Programme, which aims to provide financial support to unemployed youths…
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N30b allowance : Akpabio tenders apology to Governors
The Senate President, Godswill Akpabio, has offered an apology to the state governors for his remarks regarding the reported N30…
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Power sector challenges witll be addressed.. .Adelabu
The Minister of Power, Adebayo Adelabu, has reassured Nigerians that the challenges facing the country’s power sector will soon be…
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CBN aims to restart weekly foreign exchange intervention through BDC
The Central Bank of Nigeria (CBN) is reportedly set to resume its weekly interventions in the foreign exchange (FX) market…
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CBN sets to increase minimum capital requirements for BDC operators on TIER 1, TIER 2 licenses
BREAKING: The Central Bank of Nigeria (CBN) is considering raising the minimum capital requirements for Bureau De Change (BDC) operators…
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FAAC shares N1.149trn January revenue to FG, States, LGs
The Federation Account Allocation Committee, FAAC, shared N1,149.816 trillion January 2024 Federation Account Revenue with the Federal Government, States and…
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ECONOMY: SANWO-OLU UNVEILS RELIEF MEASURES, REDUCES WORK DAYS FOR LAGOS CIVIL SERVANTS
…Governor sets up open markets for cheap food items, slashes T-fares by 25% on public transport means …Launches palliative in…
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FG halts cooking gas exports in efforts to lower prices
In a bid to ease scarcity and reduce prices, the federal government on Thursdau February 23 2024 stopped the export…
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Port Harcourt refinery sets to generate 2m/Lt of PMS,2.2m/Lt of Diesel per day
The Federal Government on Thursday announced that the Port-Harcourt Refinery is gearing up to start generating two million liters of…
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