The Central Bank of Nigeria has warned all its debtors to immediately begin repayment of their loans, else risk visitation by officials of the Economic…
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Category: Business
CBN Gives Commercial Bank 48 Hours To Deposit N6Tr To It’s Account, Gives Implication If It is Not Done
Commercial banks in the next 48 hours are expected to deposit a huge sum of N6tr into the account of the central bank of nigeria.…
View More CBN Gives Commercial Bank 48 Hours To Deposit N6Tr To It’s Account, Gives Implication If It is Not Done
Brace For Global Inflation World Bank Warns Nigeria Others
The Central Bank of Nigeria (CBN) hiked the benchmark interest rate from 13.5 percent to 14 percent at its most recent Monetary Policy Committee (MPC)…
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Okonjo Iweala Hosts Peter Obi In Switzerland.
The presidential candidate of Labour Party (LP) in the 2023 elections, Peter Obi, met with Dr Ngozi Okonjo-Iweala on Wednesday in Switzerland. Obi visited Okonjo-Iweala…
View More Okonjo Iweala Hosts Peter Obi In Switzerland.
World Bank Ready to Help Nigeria phase out fuel subsidies
The President of the World Bank Group, David Malpass, has said that the bank is ready to support Nigeria in phasing out regressive fuel subsidies…
View More World Bank Ready to Help Nigeria phase out fuel subsidies
700 Flights To Be Cancelled Today As Lufthansa Pilot Begins Strike Today.
Lufthansa, Germany’s flagship carrier has announced the cancellation of all passenger and cargo flights due to the proposed industrial action by pilots. In July, some…
View More 700 Flights To Be Cancelled Today As Lufthansa Pilot Begins Strike Today.
Breaking: FG, US Sign Agreement For Return Of Fresh $23.4 Abacha Loot.
The Federal Government, on Tuesday, signed a fresh agreement with the Government of the United States of America, USA, for the repatriation of a total…
View More Breaking: FG, US Sign Agreement For Return Of Fresh $23.4 Abacha Loot.
China Cancels Debt of 17 African Nations.
China, the world’s second-largest economy and the largest government lender to growing economies announced plans to cancel 23 interest-free loans for 17 African countries. China,…
View More China Cancels Debt of 17 African Nations.
JUST IN: Emirates Suspends Air Flights To Nigeria
There are hints that Emirates Airlines’ decision to suspend all flights into and out of Nigeria may have been motivated by its inability to return…
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N6.7 Billion Fuel Subsidy Payment Missing – CBN
CBN Governor, Godwin Emefiele, made the disclosure yesterday during a hearing of the House of Representatives special ad-hoc committee on the petroleum products subsidy regime…
View More N6.7 Billion Fuel Subsidy Payment Missing – CBN