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Business – Gist Alerts

MultiChoice Rejects FIRS Order to Pay N900bn

The claim by the Federal Inland Revenue Service (FIRS) that the Tax Appeal Tribunal (TAT) has ordered MultiChoice Nigeria to…

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Nigeria To Get $3bn As IMF’s $650bn SDR Comes Into Effect

Nigeria will receive $3.35 billion as its share of the International Monetary Fund(IMF) $650bn special drawing rights (SDRs) to help…

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Just In: Bitcoin Jumps Above $50,000 For The First Time Since May

Bitcoin rose back above $50,000 on Monday for the first time in three months after supportive news from payments giant…

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CBN Warns Microfinance Bank Against FOREX Transactions

The Central Bank of Nigeria (CBN) has warned microfinance banks in the country to stop engaging in foreign exchange transactions…

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CBN Has Requested That 18 Firms’ Accounts be Blocked by Banks

The Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of 18 companies. The directive…

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Naira Weakens Further To 517 Against Dollar

The naira dropped further against the dollar at the parallel market on Wednesday after staying unshaken at 515/$ in recent…

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CBN Freezes Bank Accounts Of Six FinTech Platforms For 180 Days

A federal high court in Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze accounts…

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CBN, Police, Others To Prosecute Naira Abusers

The Central Bank of Nigeria has warned that abusers of the naira notes will be prosecuted by the financial regulator…

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NNPC Will Go Into Extinction Within The Next Six Months – GMD Mele Kyari

Group managing director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said that the oil corporation will cease to exist…

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CBN Give Reasons For The Depreciating Value of Naira Against US Dollar

The Central Bank of Nigeria (CBN) has explained why there is recent sharp depreciation of Naira against the United States…

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