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G20 finance ministers conclude Cape Town meeting as US policy shifts cloud talks

Nigeria, Feb. 28 -- The G20 Finance Ministers and Central Bank Governors' meeting ended in Cape Town on Thursday, with delegates reaffirming their commitment to global economic cooperation despite mou... Read More


FG injects N107bn into pension protection fund to support low-income retirees

Nigeria, Feb. 28 -- The Federal Government has allocated N107 billion to the Pension Protection Fund (PPF) in a bid to safeguard the financial security of low-income retirees under the Contributory Pe... Read More


FCCPC tells MultiChoice to suspend price hike pending investigation

Nigeria, Feb. 28 -- The Federal Competition and Consumer Protection Commission (FCCPC) has told MultiChoice Nigeria to maintain its current subscription prices until the conclusion of an ongoing inves... Read More


FG, States, LGs share N1.7 trillion FAAC allocation for January

Nigeria, Feb. 28 -- The Federal Government, states, and local councils shared a total of N1.703 trillion as Federation Account Allocation for January, according to the Federation Account Allocation Co... Read More


FCCPC engages industry players on rising drug prices

Nigeria, Feb. 27 -- The Federal Competition and Consumer Protection Commission (FCCPC) has initiated discussions with key players in the pharmaceutical and healthcare sectors to address the soaring co... Read More


Nigeria must revive industries or risk economic stagnation - ex-minister

Nigeria, Feb. 21 -- Nigeria's industrial sector is at a critical juncture, and failure to revive it will deepen economic stagnation, former Minister of Industry, Trade and Investment, Olusegun Aganga,... Read More


CBN retains interest rate at 27.5%

Nigeria, Feb. 20 -- The Central Bank of Nigeria has held its benchmark lending rate at 27.50 per cent, marking the first time it has opted to maintain the rate in almost three years. CBN Governor Ola... Read More


CBN orders banks to publish dormant account holders' details online

Nigeria, Feb. 19 -- The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to disclose details of dormant accounts, including the names of account holders, the type ... Read More


CBN orders bank directors with non-performing loans to step down

Nigeria, Feb. 18 -- The Central Bank of Nigeria (CBN) has ordered bank directors with non-performing insider-related loans to step down immediately as part of new measures to strengthen corporate gove... Read More


Keystone Bank: CBN assures depositors of stability

Nigeria, Feb. 14 -- The Central Bank of Nigeria (CBN) has assured depositors and stakeholders that Keystone Bank remains stable and fully operational. The development comes against the backdrop of a ... Read More