Economy

CBN tells banks to make cash available over the counter, via ATMs

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to ensure efficient cash disbursement to the general public over-the-counter and through...

NAFDAC uncovers illegal alcohol factory in Lagos

The National Agency for Food and Drug Administration and Control (NAFDAC) has uncovered an illegal alcohol production factory in Oke Arin Market, Lagos Island,...

ICPC, BPP block $300,000 fraudulent ICT fund: ICPC Chairman

The chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr Musa Adamu Aliyu, has revealed how the commission in partnership...

Nigeria’s cocoa market valued at $6 billion, stakeholders reveal 

As the cocoa business continues to thrive, stakeholders say the cocoa market in Nigeria comprises 250,000 tonnes in volume, valued at over $6 billion,...

Banks increase daily withdrawal limit to ₦50,000 

Deposit Money Banks in the Federal Capital Territory have increased their maximum over-the-counter withdrawal limit to ₦50,000 per day, findings by The PUNCH have...

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