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

FOREX CRISIS: CBN CLEARS VALID FX TRANSACTIONS TO ELIMINATE LEGACY BACKLOG.

okerek@globaltvabuja.com - March 21, 2024 0

The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the...

Business

FG TO LAUNCH SUGAR MASTER PLAN PHASE II as INDUSTRY REQUIRES $3.5BN INVESTMENTS

okerek@globaltvabuja.com - March 17, 2024 0

The Federal Government is set to formally unveil Phase II of the Nigeria Sugar Master Plan (NSMP). This, according to the Executive Secretary of the...

Business

TRADE FACILITATION : CGC ADENIYI RESTATES COMMITMENTS TO ENHANCE TRADE IN KANO

okerek@globaltvabuja.com - March 12, 2024 0

In a bid to rekindle the longstanding partnership between the Nigeria Customs Service and the Kano State Government, the Comptroller-General of Customs, Bashir Adewale...

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Business

HERITAGE BANK LIQUIDATION: NDIC RECOVERS FRESH N24.3BN FOR DEPOSITORS

DANGOTE CEMENT MAKING MEASURABLE IMPACTS IN BENUE HOST COMMUNITIES — FG

INTELLIGENCE IS THE BACKBONE OF MODERN CUSTOMS OPERATIONS — CGC CHARGES OFFICERS

PTAD DISBURSES ₦55.9 BILLION IN PENSIONS AND ARREARS FOR DECEMBER 2025.

FEDERAL GOVERNMENT ACTIVATES NIGERIA REVENUE SERVICE, USHERS IN NEW ERA OF REVENUE ADMINISTRATION

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