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FCCPC Knocks Hoarders for Driving up Food Inflation

FCCPC Knocks Hoarders for Driving up Food Inflation The Federal Competition and Consumer Protection Commission has blamed hoarders for the escalating food prices in the country. According to the FCCPC Chief Executive Officer, Tunji Bello, some unscrupulous produce merchants are stockpiling newly harvested grains, causing artificial...

FG to Launch Non-resident BVN Platform for Diasporan Nigerians in December – Cardoso

FG to Launch Non-resident BVN Platform for Diasporan Nigerians in December - Cardoso  The Nigerian Inter-Bank Settlement System will introduce a non-resident Bank Verification Number platform by December, aimed at enabling Nigerians living abroad to manage their local bank accounts, conduct business, and meet Know...

Price of Local Rice Bag Rises 152% to N95,738 in One Year – NBS

Price of Local Rice Bag Rises 152% to N95,738 in One Year - NBS Data from the National Bureau of Statistics has revealed that the price of a bag (50 kg) local rice rose year-on-year, YoY, by 152.9 percent to N95,738 in September 2024 from...

Telecom Operators Seek Approval From NCC To Suspend Bank Transfer Services over ₦250bn Debt

Telecom operators in Nigeria are seeking regulatory approval from the Nigerian Communications Commission (NCC) to discontinue Unstructured Supplementary Service Data (USSD) services to banks over an unpaid debt exceeding N250 billion.

IMF: Nigeria Still Borrows Despite High Debt Costs

The International Monetary Fund (IMF) has said that Nigeria continues to engage with the global debt market despite challenges posed by high borrowing costs.  

Report: Over 100 Bankers Involved In N59bn Fraud

The Nigerian banking sector is facing against fraudulent activities despite the rising economic challenges, according to findings by The PUNCH.