Business
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CBN Keeps Monetary Policy Rate at 27.50% After 299th MPC Meeting
The Central Bank of Nigeria (CBN) has decided to maintain the monetary policy rate (MPR) at 27.50%, following its 299th…
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NBS Enhances CPI Reporting with Special Indices as Inflation Concerns Loom
The National Bureau of Statistics (NBS) has introduced significant improvements to its Consumer Price Index (CPI) reporting, including the launch…
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FAAN set to recertify Kano, Port Harcourt airports for global safety compliance
The Federal Airports Authority of Nigeria (FAAN) has announced that it is undertaking a recertification process for Kano and Port…
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SEC Moves to Tax Cryptocurrency Trading and Digital Transactions to Boost Revenue
The Securities and Exchange Commission (SEC) is revising its regulations to ensure that all eligible transactions on regulated exchanges are…
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CBN Orders Banks to Publish Dormant Accounts and Unclaimed Balances Online
In a bid to enhance financial transparency, the Central Bank of Nigeria (CBN) has mandated that all banks and financial…
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NERC Implements Stricter Penalties for Meter Bypass Offenses
The Nigerian Electricity Regulatory Commission (NERC) has introduced stricter penalties for individuals and businesses found guilty of bypassing electricity meters,…
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NNPCL Refutes Claim of Importing 200 Million Litres of Petrol
The Nigerian National Petroleum Company (NNPC) Limited has strongly denied recent claims that it imported over 200 million litres of…
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REA Launches Solar Hybrid Mini-Grid Project to Power 3,500 Households in Plateau State
The Rural Electrification Agency (REA) has inaugurated a 550kWp solar hybrid mini-grid project in Bakin Ciyawa and Kwande communities, located…
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Airtel Nigeria Implements Up to 50% Data Price Increase Amid Rising Costs
Airtel Nigeria, the country’s second-largest telecom operator, has revised its data pricing structure, implementing a tariff adjustment of up to…
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CBN Orders Bank Directors with Non-Performing Insider Loans to Step Down
The Central Bank of Nigeria (CBN) has issued an order requiring bank directors with non-performing insider-related loans to step down…
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