Court Grants EFCC Order to Freeze 1146 Suspicious Accounts linked to FX manipulation
EFCC Chairman, Ola-Olukoyede Justice Emeka Nwite of the Federal High Court Abuja, on Wednesday 24, April, 2024 granted the Economic and Financial Crimes Commission, EFCC, an interim order to freeze…
Again, Dangote crashes diesel, and Aviation fuel prices further to N940, N980 respectively
Dangote Refinery Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming in…
Dangote crashes Diesel price to N1,000 per litre
Dangote Refinery Plant In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from N1200 to N1,000 per litre. While rolling out the…
MPC raises MPR by 200 basis points
The Central Bank of Nigeria's Monetary Policy Committee (MPC) has increased the benchmark interest rate by 200 basis points to percent. This decision was made during the second MPC meeting…
How interest rate, Inflation, exchange rate will shape economic growth in 2024 -Augusto & Co
A Pan-African Credit Rating Agency Agusto & Co. identified three major economic variables that are likely to have an impact on Nigeria's growth in Gross Domestic Product (GDP) in 2024.…
Nigeria’s Inflation Rate Will Drop To 21% In 2024, Says Cardoso
Amid the rising prices of foodstuff and other commodities in the market, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured Nigerians that the nation’s inflation…
Nigeria Was On The Road To Economic Disaster Before May 29 – Edun
Wale Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun believes the country is on the path to recovery, saying Nigeria was heading to economic disaster…
Volume Of Transactions In Exchange Market Hit $800m – Cardoso
CBN Governor, Olayemi Cardoso The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says that for the first time in a long while, Nigeria’s volume of transactions in…
LIRS Extends Deadline For Filing Of Annual Tax Returns To February
Kayode Ogunwale Executive Chairman of the Lagos State Internal Revenue Service, Mr Ayodele Subair Given the recent downtime experienced on the e-tax portal, the Lagos State Internal Revenue Service (LIRS)…
FX Backlog: CBN Concludes Payment of All Verified Claims By Airlines
The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed to foreign airlines in the country, has concluded the payment of all verified…