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Business – Gist Alerts

CBN Names New Board Members

In a recent announcement, the Central Bank of Nigeria announced the appointment of eight board members, among whom is Osita…

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Forex Ban; CBN Orders Banks To Publish Names Of Defaulters

The Central Bank of Nigeria has ordered all commercial banks to publish on their websites the names and Bank Verification…

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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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