Tag: Business

CBN warn Nigerian banks make dem de careful for transactions wey de come from Benin Republic
CBN warn Nigerian banks make dem de careful for transactions wey de come from Benin Republic

Central Bank of Nigeria don warn Nigerian banks make dem de careful for transactions wey de come from Benin Republic. The warning de come after some reports come de suggest say Benin Republic don de turn to country wey dem de take de smuggle drug and still de use for West Africa. CBN give this warning for…

CBN warns Nigerians against patronizing illegal financial operators
CBN warns Nigerians against patronizing illegal financial operators

The Central Bank of Nigeria has urged Nigerians to avoid business transaction with illegal and unregistered financial operators who entice and scam members of the public with large profits. The Central Bank disclosed this in a circular released on its website signed by the Secretary of the Financial Services Regulation Coordinating Committee. The apex bank told the…

Elon Musk takes majority stake in Twitter
Elon Musk takes majority stake in Twitter

Elon Musk has taken a major stake on Twitter. Musk who is the world’s richest man and CEO of electric vehicle company Tesla, is a frequent Twitter user who often posts controversial messages and announcements about social media companies. Document filed with the US Securities and Exchange Commission showed that the South African-born billionaire acquired nearly seventy-three-point…

Bread prices rise in some parts of Lagos
Bread prices rise in some parts of Lagos

Bread prices have gone up in some parts of Lagos, especially at shopping malls in the highbrow areas of Victoria Island and Lekki. This comes just as the Premium Bread-Makers Association of Nigeria announced that its members will be increasing prices to meet up with high cost of energy and foreign exchange. Lasgidi FM’s Najite Atirene spoke…

CBN introduces cash centres
CBN introduces cash centres

The Central bank of Nigeria has introduced a cash collection centre to enable it reduce cost and improve operational efficiency in the country’s cash management. The CBN disclosed in a guideline that the new cash centre which would be known as ‘Bank Neutral Cash Hubs’, will serve as central cash deposits points. CBN said the cash centres…

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