CBN Set to Hold First MPC Meeting of 2024 The Central Bank of Nigeria (CBN) has held a two-day strategic session for members of the Monetary Policy Committee (MPC), preparatory to their first meeting under the tenure of Mr. Olayemi Cardoso as Governor. The meeting is...

ICPC, FIRS Strike Partnership to Tackle Financial Tax Frauds The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Federal Inland Revenue Services (FIRS) have opened talks on three crucial areas the two agencies could explore to mitigate financial tax frauds and other...

Forex Crisis: In Six Months, Foreign Airlines Repatriate N795.5bn From Nigeria Foreign airlines repatriated N795.5 billion from Nigeria in six months, according to data from the Central Bank of Nigeria. Data from Nigeria’s apex bank Balance of Payment compilation disclosed that airlines withdrew $1.76 billion (converted...

Maintenance: Three States to Experience Two-day Blackout - TCN Electricity consumers in Gombe and some parts of Yola and Bauchi states will experience power outage on Thursday and Friday as a result of scheduled maintenance of power facilities by the Transmission Company of Nigeria. The TCN...

FG Suspends Third-party Agents From NIN Registration The National Identity Management Commission has temporarily suspended Front-End Partners from engaging in the National Identification Number enrolments. This is because the commission is currently carrying out a revalidation exercise of these third-party registration centres. The Director General, NIMC, Abisoye...

Why we Moved Corporate Headquarters to Lagos - FAAN The Federal Airports Authority of Nigeria (FAAN) has explained the relocation of its cooperate headquarters from Abuja to Lagos. In a statement issued by the Director, of Public Affairs and Consumer Protection, Obiageli Orah, the Authority noted...