This was disclosed in a communiqué issued at the end of the FAAC meeting for…
Category: Business
Otedola speaks on losing $480m in diesel market
Femi Otedola, billionaire businessman, says he contemplated suicide when his investment in the diesel business…
Oil marketers exploring options to reduce fuel price – MOMAN chairman, Adeosun
The Chairman of the Major Oil Marketers Association of Nigeria (MOMAN), Olu Adeosun, has stated…
Nigerian banks operating costs higher than other countries – MPC member
A member of the Monetary Policy Committee, Adeola Adenikinju, has said Nigerian banks operating cost…
Fuel subsidy removal: ‘N400bn savings’ raises questions
After more than 30 days of fuel subsidy removal, the controversy surrounding the projected ‘N400…
FG pays N4.12tn interest on CBN loan
The Federal Government paid interests of N4.12tn between 2019 and 2022 on the loans it…
CBN Ways & Means To Contribute To Nigeria’s N77trn Debt Stock – DMO
The proposed securitisation of the N22. 7 trillion Central Bank of Nigeria (CBN) Ways and…
CBN spends N800bn on currency production, destruction
The Deputy Governor, Financial System Stability, Central Bank of Nigeria, Aisha Ahmad, has said the…
CBN warns against abuse of naira notes
The Central Bank of Nigeria warned in Abuja on Tuesday that those abusing the naira…
Sigma Pensions, First Guarantee Pension Become Access Pensions
Following the completion of the acquisition of Sigma Pensions and First Guarantee Pension, by Access…