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NIGERIAN ECONOMY RECORDS OVER $1.5 BILLION INFLOW POST-CBN MPC AS NAIRA TRADES N1,309/$1 AT NAFEM.

okerek@globaltvabuja.com - 0
 The Central Bank of Nigeria (CBN) says the inflow of over $1.5 billion into the economy over the past few days indicates that its...
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Business

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

okerek@globaltvabuja.com - 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...
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Business

TREASURY BILL;  CBN SELLS N1.64 TRILLION.

okerek@globaltvabuja.com - 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...
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Business

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

okerek@globaltvabuja.com - 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...
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Business

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

okerek@globaltvabuja.com - 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...
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Business

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

okerek@globaltvabuja.com - 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...
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Business

okerek@globaltvabuja.com - 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...
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Business

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

okerek@globaltvabuja.com - 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...
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Business

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

okerek@globaltvabuja.com - 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,...
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Business

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

okerek@globaltvabuja.com - 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...
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Business

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

okerek@globaltvabuja.com - 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...
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Business

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

okerek@globaltvabuja.com - 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...
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IBOM LNG SECURES $700M LNG FINANCING AT ADSW

Business okerek@globaltvabuja.com - 0
  Ibom LNG & Logistics Base Limited has secured a $700 million financing deal with Securo Investment Group to develop a 100 Million Standard Cubic...
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US AFRICOM PLEDGES STRONGER SUPPORT FOR NDLEA IN ANTI-DRUG WAR

Security okerek@globaltvabuja.com - 0
    The United States Africa Command, AFRICOM, has assured the National Drug Law Enforcement Agency, NDLEA, of enhanced collaboration and support in the fight against...
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HERITAGE BANK LIQUIDATION: NDIC RECOVERS FRESH N24.3BN FOR DEPOSITORS

Business okerek@globaltvabuja.com - 0
Efforts to cushion the impact of the Heritage Bank collapse have gained renewed momentum as the Nigeria Deposit Insurance Corporation (NDIC) recovers an additional...
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NSC APPOINTS OLUWATOYIN ALUKO AS PRESIDENT OF NIGERIA NETBALL FEDERATION, NNF

Sports okerek@globaltvabuja.com - 0
    The National Sports Commission, NSC, has taken a huge step to structure the Sport of Netball in Nigeria by appointing a seasoned Sports administrator,...
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