Our reporter/ The Central Bank of Nigeria (CBN) on Thursday announced that Personal and Basic Travel Allowances will only be paid through electronic channels and not by cash. The Director…
Read More FX Crisis: CBN stops cash payment of BTA, bars foreign firms from repatriating 100% FX proceeds
Our reporter/ The Nigerian Upstream Petroleum Regulatory Commission is considering relocating some of its units to Lagos, according to a document seen by Channels. The memo dated February 14, 2024,…
Read More Petroleum Commission to relocate key departments to Lagos
Dangote oil refinery has issued Nigeria’s tenders to sell its first two fuel cargoes for export. According to a report by Reuters, the cargo is the first from the multi-billion dollar refinery.…
Read More Dangote refinery ready to export two cargoes of fuel – Report
Our reporter/ Nigeria’s headline Inflation rose to 29.90 percent in the month of January, the National Bureau of Statistics (NBS) said on Thursday. According to the report, the January 2024…
Read More Inflation rate surges to 29.90% pushed by the price of food items
The federal government has asked the International Police (Interpol) to place three Nigerians on the watch list over alleged forgery. The suspects—a staff member of the Central Bank of Nigeria…
Read More $6.2m Fraud: FG asks Interpol to arrest CBN official, two others