Customers panic as CBN bans Opay, Palmpay, others’ new account
Some bank customers have expressed panic as the Central Bank of Nigeria bans mobile money operators including fintech firms from onboarding new customers. However, the Bank…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
JUST IN: Glo, MTN, Airtel, Others move to Raise Tariff
The telecommunications companies operating in Nigeria notably Glo, MTN, Airtel and 9Mobile are asking the federal government to facilitate constructive dialogue in the industry. According to…
JUST IN: Again, Naira Crashes at the Official Market
The Nigerian currency Naira on Tuesday depreciated at the official market, trading at N1,300.15 to the dollar yet again. Data from the official trading platform of…
Naira Abuse: Bobrisky Appeals Against Sentence
The controversial cross-dresser, Idris Okuneye, popularly known as Bobrisky, on Monday, filed a notice of appeal challenging the six months maximum sentence given to him by…
Dangote Refinery to Begin Petrol Sales in Q4 – S&P
Dangote refinery will start supplying petrol in the fourth quarter of 2024, according to Standard and Poor’s’ Global Commodities, S & P. Kelly Norways, an African…
Nigeria To Commence Local Production Of Passport
The Nigerian Government has rolled out plans to begin the local production of international passports in the country. The Minister of Interior, Olubunmi Tunji-Ojo, made this…
FCCPC enforces market price regulation in Nasarawa
The Federal Competition and Consumer Protection Commission is persisting with its price monitoring initiative across local markets with a visit on Friday to Masaka market in…
BREAKING: Heavy security as Cubana Chief Priest arrives court for naira abuse trial
Celebrity bar man, Pascal Okechukwe aka Cubana ChiefPriest, has arrived at the Federal High Court in Lagos for his trial on allegations bordering on naira abuse.…
BREAKING: Dangote crashes diesel price from N1200 to N1,000 per litre
Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre. While rolling out the products, the…
JUST-IN: EFCC To Arraign Celebrity Bartender, Cubana Chief Priest, Over Naira Abuse
The Economic and Financial Crimes Commission (EFCC) will on Wednesday, April 17, 2024, arraign a businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest,…