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REMITTANCE INFLOW :  CBN RECORD INCREASE OF US$553 MILLION FOR JULY 2024.

The Central Bank of Nigeria (CBN) has reported a significant increase in remittance inflows, reaching $553 million in July 2024, a 130 per cent increase...

FOOD SECURITY: NCS RELEASES GUIDELINES FOR IMPLEMENTATION OF ZERO DUTY RATE ON SOME BASIC FOOD ITEMS.

Drawing from the Presidential directives aimed at alleviating the hardship faced by Nigerians due to high prices of essential food items  The Nigeria Customs Service...

GOODS PRICING: FCCPC BLAMES DISPROPORTIONATE PRICING OF IMPORTED GOODS AMONG RETAILERS FOR INFLATION .

The Federal Competition and Consumer Pricing Commission (FCCPC)  says,  disproportionate pricing of imported goods mostly among retailers is mostly responsible for inflation in consumer...

CBN RE-INTRODUCES PUBLICATION OF KEY ECONOMIC REPORTS.

The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and accountability in the Nigerian...

NDIC RELEASES UPDATE ON PAYMENT TO DEPOSITORS OF HERITAGE BANK (IN-LIQUIDATION).

Following the revocation of Heritage Bank’s banking license by the Central Bank of Nigeria (CBN) on June 3, 2024, the Nigeria Deposit Insurance Corporation...

CBN REAFFIRMS COMMITMENT TO PROVIDE LIQUIDITY SUPPORT TO FX MARKETS

 In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support the proper functioning of the foreign exchange market by...

CBN APPROVES FINANCIAL ACCOMMODATION FOR UNITY BANK AND PROVIDUS BANK MERGER.

The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and...

NAICOM UNVEILS NEW AGENTS LICENSING PORTAL

The National insurance commission has unveil a new licensing Portal for registration and renewal of the licences of insurance Agents. This is according to a...

CBN SELLS ANOTHER US$148 MILLION TO AUTHORISED DEALERS

The Central Bank of Nigeria (CBN) says it has   sold a cumulative amount of US$148,000,000.00 (One Hundred and Forty-Eight Million United States Dollars) to...

NIGERIA CUSTOMS PARTNERS WITH US CUSTOMS & BORDER PROTECTION TO COMBAT ILLICIT TRADE

The Nigeria Customs Service says its collaborating with the United States Customs and Border Protection Agency (CBP) on using Artificial Intelligence (AI) to curb...

NAICOM LAUNCHES COMPLAINTS PORTAL TO ADDRESS INSURANCE RELATED ISSUES

In an effort to effectively address complaints and ensure swift resolution to all Insurance related issues, the National Insurance Commission has launched the NAICOM...

NAICOM  COLLABORATES WITH NFIU ON FINANCIAL ACTION TASK FORCE .

NAICOM  COLLABORATES WITH NFIU ON FINANCIAL ACTION TASK FORCE . The Commissioner for Insurance/CEO of the National Insurance Commission, NAICOM,  Olusegun Ayo Omosehin, alongside   his...

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DICAN HONOURS NDLEA BOSS FOR INNOVATIVE FIGHT AGAINST ILLICIT DRUGS.

The Chairman and Chief Executive of National Drug Law Enforcement Agency, (NDLEA) Brigadier General, Mohammed Buba Marwa (rtd) has lay his weight behind the...

BANKING, FINTECH TOP CONSUMER COMPLAINTS IN NIGERIA – FCCPC REPORT. Commission recovers ₦10 billion for aggrieved customers

BANKING, FINTECH TOP CONSUMER COMPLAINTS IN NIGERIA - FCCPC REPORT. Commission recovers ₦10 billion for aggrieved customers   The Federal Competition and Consumer Protection Commission says...

NBRDA SIGNS  MEMORANDUM OF AGREEMENT  WITH SHANGHAI HAIQI INDUSTRIAL COMPANY OF CHINA.

  National Biotechnology Research Development Agency (NBRDA) has signed a Memorandum of Agreement (MoA) with Shanghai Haiqi Industrial Company of China to establish Nigeria’s first...

OPERATION HADIN KAI CONDUCTS AIR-TO-GROUND INTEGRATION TRAINING IN MAIDUGURI.

  The Theatre Command, Operation HADIN KAI (OPHK), has commenced an orientation training on Air-to-Ground Integration (AGI) for its troops in the North East theatre...