NewsColony

Tag : CBN

Business

President Buhari: Deregulation will bring down price of petrol

NewsColony
Though the deregulation of petrol is causing hardship across the polity, the initial pain will eventually give way to greater benefits among which include a...
News

ATCON announces new date for national dialogue on telecoms

NewsColony
Vox Media The National Executive Council of the Association of Telecommunications Companies of Nigeria (ATCON), has announced a new date for its much-anticipated National Dialogue...
Business

President Buhari: It’ll be dangerous to go back to fuel subsidy era

NewsColony
President Muhammadu Buhari has warned that it would be economically dangerous for Nigeria to go back to the era of fuel subsidy, citing grave financial...
Business

External reserves reverse negative trend, rises to $35.7 billion

NewsColony
The nation’s external reserves, last week, rose (though slightly) for the first time in 12 weeks, to $35.66 billion. Data from the Central Bank of...
Business

Central bank grants 9mobile service payment bank license

NewsColony
9PSB (Payment Service Bank), a subsidiary of 9mobile, says it has been granted approval by the Central Bank of Nigeria (CBN) to commence operations in...
Business

Central bank resumes sales of foreign exchange to licensed BDC operators

NewsColony
The Central Bank of Nigeria (CBN) says it has commenced the sales of foreign exchange to the Bureau De Change (BDC) operators in the country....
Business

Zenith Bank chief calls for promotion of non-oil exports

NewsColony
Group Managing Director/Chief Executive of Zenith Bank, Mr. Ebenezer Onyeagwu, has called for a concerted effort towards diversifying the country’s export base through the promotion...
Business

Central bank orders banks to name exporters failing to repatriate export proceeds

NewsColony
The Central Bank of Nigeria has directed all banks to submit the names, addresses and Bank Verification Numbers of exporters defaulting in repatriating their exports...