By our reporter| The Central Bank of Nigeria (CBN) has directed all authorised dealers to discontinue the processing of Form M for the importation of maize with immediate effect. The…
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Category: Economy
FG hands over national arts theatre to CBN for rehabilitation
By our reporter| The Federal Government on Sunday officially handed over the National Arts Theatre, a national asset, to the Central Bank of Nigeria’s Bankers’ Committee, for rehabilitation. In his…
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Buhari assents to revised 2020 budget
By our reporter| President Muhammadu Buhari on Friday signed into law, the revised budget of N10.8 trillion for the year 2020. He assented to the budget at about 11:06am on…
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FG can no longer bear the burden of petrol subsidy – Sylva
By our reporter| The Minister of State for Petroleum Resources, Timipre Sylva, on Thursday said the Federal Government could no longer bear the burden of petrol subsidy. The minister of…
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UBA Introduces New Naira Credit Card
The United Bank for Africa (UBA) Plc has introduced a new Naira Credit Card for its customers. The bank explained in a statement that with the new naira credit card,…
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