Dollar Scarcity: Banks Cap Oversea’s Spending Limits Nigeria’s Deposit Money Banks (DMBs) have started lowering foreign spending limits on a customer’s naira-denominated card as the coronavirus...
COVID-19: OYO Discharges State’s Index Case The Oyo State Government on Tuesday announced the recovery of the very first case of COVID-19 in the state. This...
Oil Prices Rebound on Tuesday After Plunging to 18-year Low Global oil prices climbed off 18-year lows on Tuesday after President Trump and President Vladimir Putin...
COVID-19: CBN Halts Cheques Clearance Indefinitely The Central Bank of Nigeria (CBN) on Monday announced from March 31, 2020 it will no longer clear cheque instruments...
Nigerians to Pay More for Electricity Despite COVID-19 The Nigerian Electricity Regulatory Commission (NERC) will raise electricity tariffs on Wednesday in accordance with the December 2019...
Naira Slides to N412 on Monday as Scarcity Deepens The Nigerian Naira slid against the US dollar on Monday following the suspension of the US dollar...
COVID-19: 6,000 Jobs at Risk in the Aviation Sector Global health crisis amid fast-spreading coronavirus pandemic threatens at least 6,000 jobs in the Nigerian Aviation Industry...
LDR Boosts Credit to Private Sector by N2.35trn The Central Bank of Nigeria’s Loan to Deposit Ratio boosted the nation’s credit facility to the private sector...
Fidelity Bank to Halt Operations in Lagos, FCT, Ogun today Due to the rising number of confirmed cases in Lagos, Abuja and Ogun States, the management...
COVID-19: Confirmed Cases Hit 135 as NCDC Announces 24 New Cases The Nigeria Centre for Disease Control (NCDC) on Tuesday confirmed 24 new cases of COVID-19...