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By Goodluck Ikiebe The Nigerian National Petroleum Company Limited has confirmed a new pump price regime. This was made known on Wednesday through a statement by the Nigerian National Petroleum Company Limited (NNPCL) confirming the new PMS pump price. “Nigerians…
By Goodluck Ikiebe The Central Bank of Nigeria (CBN), Governor, Godwin Emefiele, is currently at the Presidential Villa in Abuja for a meeting with President Bola Tinubu. Tinubu, whose vehicle entered the villa at 2:30 pm, inspected a parade by…
The Central Bank of Nigeria has opened up on why it raised the Monetary Policy Rate, also known as the interest rate, to 18.5 per cent from 18 per cent. In a communique from the 291st Monetary Policy Committee meeting…
The Central Bank of Nigeria’s Monetary Policy Committee MPC has further increased the interest rate by 18.5 per cent to 20.5 per cent from 18 per cent in March. Godwin Emefiele, the Governor of Central Nigeria, disclosed this on Wednesday…
The Central Bank of Nigeria has revoked the operating licenses of 132 Microfinance banks, four primary mortgage banks and three finance companies in Nigeria. The Official Gazette of Nigeria, obtained from CBN’s website, disclosed this on Tuesday. The publication stated…
Central Bank of Nigeria Building By GNN Editor The Central Bank of Nigeria has revoked the licences of 179 microfinance banks in the country, as well as four primary mortgage banks and three finance companies. This was disclosed in the…
By GNN Correspondent The operating licenses of 132 Microfinance Banks, three finance companies and four primary mortgage banks have been revoked by the Central Bank of Nigeria. The CBN said the Microfinance Banks, Finance Companies and Primary Mortgage Banks…
By Goodluck Ikiebe Nigeria’s President, Muhammadu Buhari, has inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export. Speaking at the occasion attended by Heads…
By Kunle Adeliyi The President of the Manufacturers Association of Nigeria (MAN), Mr. Francis Mesioye, has appealed to the Nigerian Government not to implement the 2023 Fiscal Policy Measures (FPMs) expected to come into effect on June 1, 2023. Mr.…
By Jide Ajan, General Editor For Africa’s richest man, Aliko Dangote, it is about determination and doggedness, steeped in fortitude that is today yielding dividends. For eleven, consecutive years, he has been the richest man in Africa according to both…
