Forex crisis: CBN orders banks to stop cash payments for BTA, PTA
The Central Bank of Nigeria (CBN) has directed all authorised dealer banks to discontinue the payment of Personal Travel Allowance ...
Month: February 2024
Climate change: NNPC /Total Energies JV achieves zero gas flare
In pursuit of meeting the targets of 20% (unconditional) and 47% (conditional) greenhouse gas emission reduction as contained in the ...
Tinubu, governors agree on state police
President Bola Tinubu and the state governors on Thursday agreed to set up state police. Minister of Information and National ...
CBN bars oil companies from repatriating 100% forex proceeds abroad
The Central Bank of Nigeria (CBN) has issued an order barring international oil companies (IOCs) operating in Nigeria from immediately ...
UK economy enters recession
The economy of the United Kingdom (UK) has slid into recession after recording two successive quarters of negative economic growth ...
Dangote refinery to export two cargoes of fuel
Dangote Petroleum Refinery has initiated tenders to sell two fuel cargoes for export. These two cargoes are the inaugural exports ...
$9.6bn P&ID scam: INTERPOL arrests fleeing Briton in Italy
The International Criminal Police Organisation (INTERPOL) has arrested a Director of Process and Industrial Development (P&ID) Ltd, Mr James Nolan, ...
CBN fixes N1,515.09/$ rate for cargo clearance
The Central Bank of Nigeria (CBN) has carried out an upward review of the exchange rate for the clearance of ...
Dantata endorses Nigeria’s return to parliamentary system
Elder statesman, Alhaji Aminu Dantata has called for transition from a presidential system of government to a parliamentary system. Dantata, ...
EFCC re-arraigns prof over N1.47 billion fraud
The Economic and Financial Crimes Commission (EFCC) on Thursday re-arraigned Uche Chigozie, a professor, and three companies before a Federal ...