Banks Raise Withdrawal Limit to N50,000
Deposit Money Banks in the Federal Capital Territory have increased their maximum over-the-counter withdrawal limit to N50,000 per day.
A survey on Tuesday revealed that...
Our Interventions Have Produced Encouraging Outcomes – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says “strategic interventions” of the apex bank have produced encouraging outcomes.He said, “Banks are...
Nigeria’s inflation rate drops 14% by 2029, IMF predicts
Nigeria’s inflation rate is predicted to stabilize at 14 per cent in 2029, indicating a potential end to the current upward trend according to...
Oil sector: I’ll reveal the truth when time comes – Kyari
The Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has said he will reveal the truth about the company’s...
NNPC denies inflating petrol subsidy claims by N3.3tn
The Nigerian National Petroleum Company Limited, on Monday, denied reports that it inflated the subsidy on Premium Motor Spirit, popularly called petrol, by N3.3tn...
NNPC To Deliver Gas Revolution With OB3 Pipeline Project
In an effort towards boosting nationwide gas supply and drive industrialization and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) is set...
Tax Reform Panel Recommends N800/$ Rate For Customs Duties
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended that the federal government adopt an exchange rate of N800 per one US...
Cardoso Demands Effective Debt Management To Meet Funding Needs
Governor of the Central Bank of Nigeria, Olayemi Cardoso has called for the entrenchment of an effective debt management to meet revenue needs of...
SERAP seeks reversal of petrol price to N600 per litre
The Socio-Economic Rights and Accountability Project has filed a lawsuit against President Bola Tinubu, requesting a reduction in the petrol price from N845 per...
Inflation dropping, economy heading in right direction – Finance minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has declared that Nigeria’s economy is experiencing an appreciable growth that may...