Our reporter/ First Bank of Nigeria Limited has clarified its position on the ongoing litigation with General Hydrocarbons Limited (GHL) over subsisting commercial transaction which has become subject to litigation.…
Read More FirstBank assures customers on gold standard banking servicesCategory: Business
Nigeria’s inflation jump to 34.8% in Dec 2024
Our reporter/ Nigeria’s headline inflation rate jumped to 34.80% in December 2024 from 34.60% in November 2024, the National Bureau of Statistics said on Wednesday. The NBC in its latest…
Read More Nigeria’s inflation jump to 34.8% in Dec 2024NCC orders telcos to disconnect nine Banks over USSD debt
Our reporter/ The Nigerian Communications Commission has authorised telecommunications companies to disconnect the Unstructured Supplementary Service Data codes assigned to nine financial institutions over backlog of unpaid debts. NCC’s Director…
Read More NCC orders telcos to disconnect nine Banks over USSD debtNERC completes transfer of electricity regulatory oversight to four more states
Our reporter/ The Nigerian Electricity Regulatory Commission (NERC) has completed the transfer of regulatory oversight over the electricity market in Enugu, Ekiti, Imo, and Ondo to the state governments. In…
Read More NERC completes transfer of electricity regulatory oversight to four more statesFG announces two savings Bonds
Our reporter/ The Federal Government is offering two new Savings Bonds through the Debt Management Office. A statement by the DMO listed the first one as a two-year bond that…
Read More FG announces two savings Bonds
