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okerek@globaltvabuja.com

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Business

BANK RECAPITALISATION: CBN UNVEILS NEW MINIMUM CAPITAL REQUIREMENTS FOR BANKS.

okerek@globaltvabuja.com - March 29, 2024 0

In order to strengthen the financial system in Nigeria, the Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging...

Business

TREASURY BILL; CBN SELLS N1.64 TRILLION.

okerek@globaltvabuja.com - March 28, 2024 0

The Central Bank of Nigeria (CBN) has conducted an auction of Nigerian Treasury Bills (NTBs) which saw a substantial amount of N1.64 trillion being...

Business

FESTIVE SEASON: FCCPC BUSTS DECEPTIVE RICE WEIGHT CLAIMS IN GARKI MODERN MARKET ABUJA.

okerek@globaltvabuja.com - March 28, 2024 0

In an efforts to protect consumer rights and interests, as mandated by the Federal Competition and Consumer Protection Act (FCCPA) 2018, particularly under Sections...

Business

CBN RAISES BENCHMARK MPR BY 200 BASIS POINTS TO 24.75%.

okerek@globaltvabuja.com - March 27, 2024 0

The CBN’s Monetary Policy Committee (MPC) has increased the benchmark interest rate by 200 basis points from 22.75% to 24.75%. This was disclosed by the...

Business

INSURANCE INDUSTRY RECORDED N1.003TRILLION AT CLOSE OF 2023.

okerek@globaltvabuja.com - March 26, 2024 0

The Insurance industry of Nigeria has sustained its progressive trend of positive market performance at the close of 2023 fourth quarter, recording a milestone...

Business

okerek@globaltvabuja.com - March 23, 2024 0

NDIC AND EFCC STRENGTHEN PARTNERSHIP TO CURB FINANCIAL CRIMES IN THE BANKING SECTOR The Nigeria Deposit Insurance Corporation (NDIC) says it's remains committed to ensuring...

Business

IMPORT DUTIES: FG CANCELS 25% PENALTY ON IMPROPERLY IMPORTED VEHICLES

okerek@globaltvabuja.com - March 22, 2024 0

The Nigeria Customs Service (NCS), under the directives of the Honourable Minister of Finance and Coordinating Minister of the Economy, has initiated a 90-day...

Business

FAAC SHARES N 1,152.756 BILLION FEBRUARY 2024 REVENUE TO FG, STATES AND LGCs.

okerek@globaltvabuja.com - March 22, 2024 0

The Federation Account Allocation Committee (FAAC) has shared a total sum of N 1,152.756 billion February 2024 Federation Account Revenue to the Federal Government,...

Business

TRADE FACILITATION: NEPC PARTNERS NCS ON OPERATIONALIZATION OF THE DOMESTIC EXPORT WAREHOUSE

okerek@globaltvabuja.com - March 22, 2024 0

The Nigerian Export Promotion Council NEPC and the Nigerian Customs Service (NCS) have reaffirmed their commitment to provide seamless trade facilitation for exporting companies. This...

Business