Banks raise over-the-counter withdrawal limit to N50,000
Deposit Money Banks in the Federal Capital Territory (FCT) have raised their maximum over-the-counter withdrawal limit to N50,000 per day, up from the previous...
Cardoso threatens ‘severe penalties’ on banks engaging in ATMs cash scarcity
The Central Bank of Nigeria (CBN) has issued a stern warning to banks over the persistent cash scarcity at automated teller machines (ATMs), threatening...
PH refinery functional, NNPCL insists
The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims made by Timothy Mgbere, a leader from the Alesa community in Rivers State, that...
Chinese Yuan Strengthens to 7.1894 Against Dollar
On Thursday, the central parity rate of the Chinese yuan (renminbi) rose by 88 pips, reaching 7.1894 against the US dollar, according to the...
Nigerian Refineries Can’t Sell Petrol Below N700 – Cole
Pastor Tonye Cole, a former governorship candidate in Rivers State, has expressed doubts about the ability of Nigerian refineries to sell a litre of...
