Border closure is yielding positive results for Nigeria – CBN Governor, Godwin Emefiele

Central Bank of Nigeria governor, Godwin Emefiele has said the closure of Nigeria’s land borders by the Federal Government is yielding positive economic results for the country. He said before the borders are reopened, “there must be concrete engagements with…

From June 2019, Local Governments in Nigeria won’t be able to do more than N500,000 cash withdrawal per day – NFIU

The Nigeria Financial Intelligence Unit has vowed sanctions for any commercial bank that allows transactions from any local government account without monies first reaching the LG account.   In addition, the agency said no cash withdrawal exceeding N500,000 per day could be…

Oil marketers suspend the shut down on all loading operations today

The Depot and Petroleum Products Marketers Association (DAPPMA) has suspended its earlier directive to commence shutdown of depots across the country and stop loading petroleum products effective from midnight of Sunday. The directive to suspend the action was conveyed in…