MTN Nigeria has paid N30 billion to the federal government as part settlement of the N330 billion fine imposed on the MTN group for failing to disconnect unregistered SIM cards…
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Category: Business
Forex management: We will not bow to ‘self serving’ interests- CBN
Chidi Samuel The Central Bank of Nigeria (CBN) says, it will not reverse its foreign exchange policy currently aimed at conserving foreign exchange, stimulating agriculture and manufacturing and promoting exports…
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Court orders OPL 245 returned to Nigerian government
Ebun Francis Justice John Tsoho of the Federal High Court on Thursday granted an order mandating the return of the controversial OPL245 to the Federal Government of Nigeria, pending “the…
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(Updated) CBN MPC retains interest rate at record high
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) Tuesday voted to retain benchmark interest rates at record high of 14 percent. Central Bank Governor, Godwin Emefiele, announced that…
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BEDC Pledges to improve customer experience
Chidi Samuel In line with statutory requirements, Benin Electricity Distribution Plc. (BEDC) has become the first electricity distribution company in Nigeria to review operations as it held its 2013, 2014…
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