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BusinessNews

Nigeria’s central bank adjusts interest rates on intervention facilities

Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN) has reverted its earlier five per cent interest rate on all its intervention...

BusinessNews

Nigeria’s apex bank prohibits banks from facilitating cryptocurrencies payments

By Chioma Obinagwam Nigeria’s apex bank- the Central Bank of Nigeria (CBN) has directed banks in the country to stop dealing in cryptocurrencies....

BusinessNews

Consumer Protection: CBN refunds N77 billion, $21 million to aggrieved customers

The Central Bank of Nigeria (CBN) says the worth of money refunded to bank customers as at November 30 stood at N76.75 billion...

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“We’re not turning back,” CBN governor Cardoso reaffirms resolve to restore confidence in bank

By Chioma Obinagwam The Governor of Nigeria’s apex bank, the Central Bank (CBN), Olayemi Cardoso, has reiterated its commitment to restore confidence in...

FG commissions concrete weight coating plant in Lagos

By Chioma Obinagwam Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has commissioned a concrete weight coating plant manned by...