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The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said it would mandate international oil companies to supply crude oil to Dangote oil...
The Central Bank of Nigeria has denied plans to revoke the licenses of Unity Bank, Polaris Bank, and Keystone Bank. “The content is fake and not...
The Nigeria Deposit Insurance Corporation (NDIC), yesterday announced that payment to depositors with liquidated Heritage Bank having N5 million and below will begin on Monday. Depositors...
The Central Bank of Nigeria (CBN), on Monday, declared that Heritage Bank’s licence would be immediately revoked, citing the bank’s “inability to improve its financial performance,...
Aviation labour groups have declared their preparedness to participate in the planned indefinite strike that is set to start on June 3. Following a Sunday meeting,...
Nigeria may increase its daily output of crude oil by 480,000 barrels as a result of a move towards a resolution between ExxonMobil and the Nigerian...
The Federal High Court sitting in Lagos has authorised Guaranty Trust Bank, to temporarily take over the funds and assets of Afex Commodities Exchange following an...
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has placed its shareholders in celebration mode, receiving commendation for a...
Wale Edun, the minister of finance, says economic instability forced 800 companies to shut down operations. Edun said this on Tuesday in Abuja during the sectoral...
The naira depreciated at the parallel section of the foreign exchange (FX) market on Monday. Currency dealers, often referred to as bureau de change (BDC) operators,...
