Business & Economy
Amid reports of decline in total qualifying capital, CBN insists Nigerian banks remain resilient
Despite a decline in the total qualifying capital of the nation’s 24 commercial banks relative to the increase in risk...
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CBN suspends payment of processing fees on cash deposits by bank customers
Effective immediately and until April 2024 ending, cash deposits by customers in commercial banks will henceforth not attract processing fees,...
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COP28: IMF raises $100bn funding to provide loans to low-income countries to fight poverty, others
The International Monetary Fund (IMF) has successfully raised over $100 billion in new financing from its buoyant advanced economies for...
Read moreCOP28: Pressure mounts on IMF to deploy Special Drawing Rights through multilateral development banks
The Governments of France, Japan, Spain and the UK together with Brazil have supported calls for the International Monetary Fund...
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CBN warns Nigerians to beware of counterfeit Naira banknotes in circulation
Nigerians should beware of counterfeit banknotes in circulation, the Central Bank of Nigeria (CBN) has warned. The apex bank said in...
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Tinubu reconstitutes NCDMB, privatisation council The governing board and management of the Nigerian Content Development and Monitoring Board (NCDMB) has...
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Why IOCs upstream divestments are good for Nigeria’s oil, gas industry – Seplat Energy COO
The current divestments by International Oil Companies (IOCs) from Nigeria’s upstream petroleum sector is a blessing in disguise for the...
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COP28: NNPC Ltd. seals LNG supply deals for domestic, international markets
To further boost natural gas utilisation and enhance Nigeria’s gas revenue, NNPC Ltd. signed two major agreements to deliver LNG...
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COP 28: Again, Kyari makes case for a just energy Transition for Africa
Pic. GCEO NNPC Ltd, Mr. Mele Kyari (right) stresses a point at the Regional CEO Panel Session organised by McKinsey...
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TCN new SCADA system for launch Q4,2024; to rehabilitate Benin network
A new Supervisory Control and Data Acquisition (SCADA) system that would allow the Transmission Company of Nigeria (TCN) to perfectly...
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