BUSINESS
CBN Headquarters Overcrowded, Cardoso Defends Relocation Of Some Departments To Lagos
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has defended the apex bank’s decision to relocate some of its departments to Lagos. Cardoso...
Relocation: CBN Headquarters Presently Overpopulated – Cardoso
The Central Bank Governor, Olayemi Cardoso, said the CBN’s planned relocation of departments and personnel to other branches was a response to the current...
Fake News: No Plans To Convert $30bn Domiciliary Deposits To Naira – CBN
The Central Bank of Nigeria (CBN) has denied planning to convert $30bn domiciliary deposits to naira. There had been reports that in a bid to rescue...
CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services
The Central Bank of Nigeria (CBN) has increased the application fee for the international money transfer operators (IMTO) licence application fee from N500,000 to...
Miners Owing FG N2tn, Says Minister
The Minister of Solid Minerals Development, Dele Alake, has disclosed that miners and operators owe the federal government more than N2 trillion. He however noted...
Abuja Black Marketers Shuts Down Operation
In a surprising move, foreign exchange black market operators in Abuja, including those at the bustling Wuse Zone 4 market, abruptly stopped trading on Thursday...
Abuja Bureau De Change Operators Shut Operations As Dollar Scarcity Worsens
Bureau De Change operators have announced shut down of operations in Abuja as a result of unavailability of dollars, reports the Daily Trust This was...
Hadi Sirika’s Nigeria Air Deal Under Investigation By EFCC — Keyamo
The Economic and Financial Crimes Commission (EFCC) is investigating the controversial Nigeria Air deal sealed by the Federal Government during the tenure of ex-Aviation...
Minimum Wage: FG Sets Up 37-Member Tripartite Committee
The Federal Government on Tuesday inaugurated the 37-man Tripartite Committee on National Minimum Wage. The committee is to recommend a new National Minimum Wage for...
1,500 Staff Redeployed From CBN Headquarters Resume Duty In Lagos
At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office following their redeployment from...
