CAC Announces Nationwide Crackdown on Unregistered POS Operators from January 1, 2026
The Corporate Affairs Commission (CAC) has issued a stern public notice declaring that all Point of Sale (POS) operators in…
Tag: CBN
Oyo APC 33LGs Progressives Write Party Leaders to Consider Bayo Adelabu for Governorship Candidacy
Oyo State APC 33LGs Progressives have written an open letter to the national and state leaders of the All Progressives…
CBN Gov Cardoso Assures Support for Fintech Innovation Under Prudent Oversight
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has assured financial technology (fintech) leaders that the apex bank…
‘Emi Lo Kan’ Oyo State 2027
Backing Chief Bayo Adelabu for Oyo State Governor: The time has come for a new era of governance in Oyo…
Oyo 2027: Adelabu’s Proven Mettle and the Promise of Technocratic Competence and Governance
The political landscape of Oyo State is already shifting its focus towards the 2027 gubernatorial election, and in these nascent…
Power Minister Adebayo Adelabu Penkelemesi, the Candidate to Beat in Oyo’s 2027 Governorship Race || Tobi Adisa
As Oyo State prepares for the 2027 gubernatorial elections, one name continues to dominate political discourse, Chief Adebayo Adelabu, Nigeria’s…
CBN Fines Nine Banks N1.35bn for ATM Cash Shortages
The CBN has imposed a fine of N1.35bn on nine banks due to the shortage of cash available at ATMs.…
Minister Adelabu and Incremental Power Stability – Getting Credit Where Due || Austin Isikhuemen
Oloye Adebayo Adelabu, the current Nigerian Honourable Minister of Power, is a first class graduate of accounting. His first major…
FG Confirms Recovery of N83B, $609M, €5.4M from Whistler Blowing Policy
Whistleblowing Policy: The Federal Government states that it has successfully recovered more than 83 billion Naira, 609 million dollars, and…
CBN: Next Of Kin Can Now Claim Fund in Dormant Accounts
Next-of-kin, legal agents, or beneficial owners may now make claims for unclaimed funds in inactive accounts, according to the Central…
How Adebayo Adelabu is Steadily Beaming Light on Nigeria at the End of a Dark Tunnel || Business Day
Gradually, light is overcoming darkness in Nigeria’s firmament. Gradually, sighs of relief are replacing groans of despair in the country.…
Oyo: IBEDC Set to Reconnect Lagelu Community After 10 Years
Ibadan Electricity Distribution Company (IBEDC), on Wednesday, rolled out alternative measures to resolve the issue bordering on the continuous disconnection…
FX Rate for Customs Duties Collection Stays Constant for Three Weeks as Naira Stabilise – Nairametrics
The foreign exchange rate for import duties collection by the Nigeria Customs Service (NCS) has stayed at N1474/$ in the…
Alake Presents Gold Bars to Tinubu, Says Sector Reforms Will Strengthen Value of Naira
Solid Minerals Development Minister, Dr. Dele Alake has expressed appreciation to President Bola Ahmed Tinubu for backing reforms in the…
Nigeria’s Forex Reserves Rise to $33.6B in June, As Inflation Rates Fall Below 2.14% – CBN
Nigeria’s foreign exchange reserves have continued to show a steady increase, according to recent data from the Central Bank of…
FG Set to Settle N1.7Trn GenCos, GasCos Debt in 25 Days
…Plans issuance of bonds, promissory notesThe federal government has announced plans to settle an outstanding debt of N1.7 trillion owed…
Tinubu Set to Suspend Import Duties on Food, Drugs
The Federal Government is ready to set in motion a plan to suspend payment of import duties on staple food…
Court Seizes $4.72m, N830.88m, Properties Linked to Ex-CBN Governor, Emefiele
The Federal High Court in Lagos has ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, and several properties…
Opay, Moniepoint, Others to Register New Customers from July
OPay, Moniepoint, and other payment platforms are expected to begin accepting new customers within the next few months, as announced…
Cryptocurrency Platforms Begin Plans to Remove Naira as Trading Option to Prevent Currency Manipulation
Naira has been removed from peer-to-peer cryptocurrency platforms as a measure to prevent currency manipulation. In response to instructions from…
CBN to Direct Banks to Suspend Implementation of Cybersecurity Levy
The Central Bank of Nigeria (CBN) is expected to direct banks to suspend the implementation of the Cybersecurity Levy billed…
EFCC Requests FG to Prohibit Foreign Missions in Nigeria from Accepting Payment for Visa, Other Services in Foreign Currencies
The EFCC has requested the government to prohibit foreign missions in Nigeria from accepting payment for visa and other consular…
CBN Grants Oil Companies 50% of Total Forex Earnings for Financial Commitment
According to the Central Bank of Nigeria, oil companies are allowed to allocate 50% of their foreign exchange earnings towards…
