The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) after its first meeting for the year decided to further tighten monetary policy and subsequently raise the MPR by 4 percent to 22.75 from 18.75 percent, raise the
The Central Bank of Nigeria (CBN), this friday revoked the licenses of 4,173 Bureaux De Change Operators. The apex regulator said the action is in exercise of the powers conferred on it under the Bank and Other Financial Institutions Act (BOFIA)
Following a mutual understanding and commitment from Sahad store, a Fast-Moving Consumer Goods (FMCG) Store in Abuja to implement transparent pricing practices, the Federal Competition and Consumer Protection Commission (FCCPC)has reopened the store. The action was contained in a statement
President Bola Tinubu says his administration is evolving home-grown solutions to address the nation’s food security challenges by setting up schemes to support local production and discourage all forms of rent-seeking that are associated with food importation. The President made
The Central Bank of Nigeria (CBN) has refuted claims the Federal Government is considering converting $30bn domiciliary deposits to Naira to combat the current currency crisis, urging all stakeholders to disregard stories aimed at causing panic in the system and
The Central Bank of Nigeria (CBN) is ceasing daily Cash Reserve Requirement (CRR) debits and will be adopting an updated CRR mechanism. This is coming at the end of a week that witnessed series of regulatory guidelines to address the
The Central Bank of Nigeria (CBN) say in fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines in the country, it has concluded the payment of all verified claims by airlines with an additional $64.44 million
Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr.  Musa Adamu Aliyu, SAN has pledged that corrupt practices will not be tolerated within the Commission under his watch. The Chairman who made this pledge on Monday while playing
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Federal Inland Revenue Services (FIRS) have opened talks on three crucial areas they can explore to mitigate financial tax frauds and other corrupt vices. Chairman of the ICPC, Dr.
Hours after the Central Bank of Nigeria announced the dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank, the apex regulator announced ithas appointed new executives to oversee the affairs of the banks; Union Bank
Get weekly update of current commodity prices across Nigerian markets
We are a one stop shop for news and information that is focused on Economy, Finance and Business, telling the Nigerian story in a Nigerian way
Get weekly update of current commodity prices across Nigerian markets
Copyright 2023 Market Naija TV. All rights reserved.
