Business

CBN Told To Introduce N10,000, N20,000 Single Notes

A new economic review by Quartus Economics has strongly advised the Central Bank of Nigeria (CBN) to introduce higher-denomination currency notes, specifically the  ₦10,000...

Tinubu Approves 15% Import Duty On Petrol, Diesel

President Bola Tinubu has authorized the implementation of a 15 per cent ad-valorem import duty on imported petrol and diesel, a move intended to...

Wale Edun Reveals Current Price Of Bag Of Rice

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that President Bola Tinubu’s policies have placed Nigeria “firmly on...

CBN Gives Fresh Directive To Banks Concerning Failed ATM Transactions

The Central Bank of Nigeria (CBN) has issued a sweeping reform aimed at protecting consumers and restoring confidence in the banking system, directing Deposit Money...

CBN Sets New Daily Transaction Limit For PoS Agents And Individual Customers

The Central Bank of Nigeria (CBN) has released a new set of guidelines to regulate agent banking operations, capping daily cash-out transactions for Point...

Why Cooking Gas Price Is Increasing – NNPC GCEO

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has explained that the recent increase in cooking...
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