Heritage Bank Closure: NDIC To Repay Bank’s Depositors
The Nigerian Deposit Insurance Corporation has assured depositors of Heritage Bank that there is no need to panic as it is already in the process...
Category : Business News
FG Spent N628.61bn On Electricity Subsidy As DISCOs Earn N1.08trn In 2023 -NERC
The Nigerian Electricity Regulatory Commission, NERC has revealed that the Federal Government of Nigeria has spent not less than N628.61 billion in subsidizing electricity even...
Banks Ordered To Sell Excess Forex By End Of Today
The Central Bank of Nigeria (CBN) has ordered that all banks with excess 20 percent foreign exchange holding should sell them off by today, February...
FX Backlog: CBN Concludes Payment of All Verified Claims By Airlines
The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines in the country, has concluded the...
