Economy
CBN gives banks 18 months for anti-money laundering complianceÂ
The Central Bank of Nigeria (CBN) has given Deposit Money Banks (DMBs) 18 months to fully comply with its new baseline standards for automated...
FAAN issues over 100,000 airport access cards amid cashless policy rollout
More than 100,000 airport access cards have been issued to motorists across the country as part of efforts to implement the Federal Government’s cashless...
Businesses brace for higher costs as petrol hits ₦1,300/litre
As petrol prices jumped to about ₦1,300 per litre in various parts of Nigeria on Monday, businesses across the country are beginning to prepare...
Dangote Refinery hikes petrol price to ₦1,175
The cost of goods and services across Nigeria is expected to rise further following a fresh increase in petrol prices after the Dangote Petroleum...
FAAC sub-committees get ₦11.5bn from 2026 budget work
The Federation Account Allocation Committee (FAAC) has approved the transfer of ₦11.5 billion from the 0.5 per cent Stabilisation Fund to finance the operations...
