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Business & Economy

Tinubu signs four executive orders on taxation, customs tariff, others

President Bola Ahmed Tinubu on Thursday signed four executive orders that to minimize the ripple effects of some economic and financial policies introduced by...

Breaking: CBN makes social media handles key requirement for bank customers

The Central Bank of Nigeria, CBN, has mandated financial institutions operating under its regulatory umbrella to collect and verify customers’ social media handles as...

Military bigwigs responsible for oil theft, Asari Dokubo says after meeting with Tinubu

Leader of the Niger Delta Volunteer Force, Asari Dokubo, on Friday told reporters that military big wigs in the army and the navy are...

‘You asked for the job, no excuse for failure’, Tinubu tells FEC members

President Bola Ahmed Tinubu on Thursday told the newly inaugurated members of the Federal Economic Council, FEC, that there is no excuse to complain...

CBN announces “immediate changes” to Forex operations

In deference policy thrust of the Tinubu administration, the Central Bank of Nigeria (CBN) has announced "immediate change to operations in the Nigerian foreign...

Zenith Bank emerges the most valuable bank in Nigeria, crosses N1trn valuation

Nigeria's financial behemoth, Zenith Bank Plc has crossed the N1 trillion market valuation mark following the ongoing share buying spree on the floor of...

Breaking: Naira falls by 29%, trades at N664.04/$1 at I&E window

In line with President Bola Tinubu's call for a unified exchange rate, the rate between the naira and the dollar closed at N664.04/$1 at...

Emefiele’s suspension: Nigerian stock market reacts positively, surges to 15-year high

The Nigerian stock market surged to its highest level since July 2008 on Tuesday, the first trading day since the suspension of Godwin Emefiele...

GSM operators send USSD withdrawal notice to banks over N120bn debt

Nigerian Deposit Money Banks (DMBs) have been issued withdrawal notices over their N120 billion debt arising from usage of Unstructured Supplementary Service Data (USSD). Chairman of...

Tinubu suspends CBN governor, Godwin Emefiele with immediate effect

“President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect,” the Director of Information, Office...

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