HomeBusiness

Business

N22tn Printed Notes Under Buhari Fueled Inflation, Says Edun

N22tn Printed Notes Under Buhari Fueled Inflation, Says Edun The Minister of Finance and Coordinating Minister of Economy, Wale Edun, has said the N22.7tn printed by the Central Bank of Nigeria through Ways and Means overdraft for the Federal Government from 2015 to 2023, under...

FG to Revoke DisCos licences Over Blackout

FG to Revoke DisCos licences Over Blackout The Federal Government, on Wednesday, declared that it would withdraw the operating licences of power distribution companies that were intentionally not supplying electricity to consumers across the country, leading to widespread blackouts in Nigeria. It stated that despite efforts...

FG to Revoke DisCos licences Over Blackout

FG to Revoke DisCos licences Over Blackout The Federal Government, on Wednesday, declared that it would withdraw the operating licences of power distribution companies that were intentionally not supplying electricity to consumers across the country, leading to widespread blackouts in Nigeria. It stated that despite efforts...

CBN Directs Mortgage Banks to Submit Returns, Threatens Sanction 

CBN Directs Mortgage Banks to Submit Returns, Threatens Sanction  The Central Bank of Nigeria has warned all primary mortgage banks in the country regarding the timely submission of regulatory returns. This was as it also issued a stern warning to Development Finance Institutions and Microfinance Banks. In...

Bank of Ghana suspends FX trading Licences of two Nigerian Lenders

Bank of Ghana suspends FX trading Licences of two Nigerian Lenders The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN). The suspension takes effect from March 18, 2024, and it will...

Bank of Ghana suspends FX trading Licences of two Nigerian Lenders

Bank of Ghana suspends FX trading Licences of two Nigerian Lenders The Bank of Ghana has suspended the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBN Bank Ghana Limited (FBN). The suspension takes effect from March 18, 2024, and it will...