Our reporter/ The Central Bank of Nigeria (CBN) on Saturday denied reports that it plans to convert $30bn domiciliary deposits to naira. The denial followed reports that the federal government…
Read More CBN denies report it plans to convert $30bn domiciliary deposits to Naira
Our reporter/ There are strong indications that the Tinubu government is mulling a policy that will result in the conversion of foreign currencies in domiciliary accounts of citizens to naira…
Read More Anxiety as Tinubu’s govt considers converting $30bn domiciliary deposits to naira
The Abia government says it has started discussing with the Enugu Electricity Distribution Company (EEDC) how the government will get directly involved in distributing power in Umuahia, the state capital,…
Read More Abia partners EEDC, Geometric on Umuahia, Aba power supply
Canal+ Group, a French TV channel, has offered to buy all the shares in South Africa’s MultiChoice for $1.69 billion. According Reuters, Canal+, in a statement on Thursday, said it has…
Read More Canal+ offers to buy MultiChoice for $1.69bn
Our reporter/ The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to sell their excess dollar stock latest February 1, 2024, as part of moves to stabilise…
Read More CBN orders banks to sell excess dollars