NLNG Begins Phase 2 Of Its Hospital Support Programme – Official
Nigeria LNG (NLNG) has signed a Memoranda of Understanding (MOU) with three Nigerian teaching hospitals in the second phase of its hospital support programme. Mr. Andy Odeh, the General Manager, External Relations and Sustainable Development...
Fuel Subsidy Now Above N400bn Monthly – NNPCL
The Nigerian National Petroleum Company Ltd. (NNPCL) has disclosed that the amount being spent as subsidy on Premium Motor Spirit (PMS), popularly called petrol, had crossed N400 billion monthly. Malam Mele Kyari, NNPCL’s Group Chief...
Naira Redesign: Customers Urge CBN To Sanction Banks Not Paying N20,000 Over The Counter
Some bank Customers in Sango-Ota have appealed to the Central Bank of Nigeria (CBN) to sanction Money Deposit Banks that are not paying the maximum N20,000 to customers over the counter. They expressed their views...
NUPRC Shortlists 139 Firms For Commercialised Gas Flare Programme
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shortlisted 139 firms that applied for Nigerian Gas Flare Commercialisation Programme (NGFCP). About 300 companies applied to the gas buying and trading scheme to end gas flaring...
Alleged Data Breach: NDPB Investigates GT, Zenith Banks
The Nigeria Data Protection Bureau (NDPB) has commenced investigation into allegations of data breach by Guarantee Trust and Zenith Banks. Mr. Babatunde Bamigboye, Head, Legal Enforcement and Regulations of NDPB said this in a statement...
How To Salvage Naira – ABCON Boss
The Association of Bureaux Des Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) and the Federal Government to embrace practical solutions to salvage the naira. Alhaji Aminu Gwadabe gave the...
Latest USD to NGN Exchange Rate – January 6th, 2023
How much is the Dollar to Naira Exchange rate at the black market and aboki fx today, 6th January 2023? See today’s Dollar to Naira exchange rate. You convert your dollar to Naira at...
Latest USD To NGN Exchange Rate – January 5th, 2023
How much is the Dollar to Naira Exchange rate at the black market and aboki fx today, 5th January 2023? See today’s Dollar to Naira exchange rate. You convert your dollar to Naira at...
NUPRC Announces 2022 Mini-Bid Round For Offshore Oil Blocks
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the Mini-Bid Round 2022 for new crude oil exploration and drilling activities in the offshore blocs. The Commission said the Mini-Bid Round is an opportunity to...
Naira Redesign: CBN Revises Cash Withdrawal Limit
The Central Bank of Nigeria (CBN) has announced a revision of weekly cash withdrawal limit to N100,000 for individuals and N500,000 for corporate organisations. According to a memo by Haruna Mustapha, CBN’s Director of Banking...
Access Bank Unveils New Debit Card For Women
Access Bank Plc has unveiled the new W Branded Debit card specifically target at women. The News Agency of Nigeria (NAN) reports that the unveiling took place at the Grand Finale of “W’’ Initiative’s Womenpreneur...
CBN Raises MPR To 16.5%, Retains Other Parameters
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the country’s Monetary Policy Rate (MPR) by 100 basis points to 16.5 per cent from 15.5 per cent. Announcing the...
Why CBN Monetary Policy Is Not Working – Economist
Prof. Ken Ife, a Development Economist, says Central Bank of Nigeria’s monetary policy is not working because 80 per cent of the nation’s money is not in circulation. Ife stated this during the 10th Convocation...
