CBN, SEC fine banks N678m
For flouting regulations, nine financial institutions paid N678m fines in 2023, according to The PUNCH analysis of their annual reports.
Source: punchng.com
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Top News In Marcel Okeke Today - Breaking & Trending Today
pressure forced FG to suspend controversial cybersecurity levy
How public outcry over the recently introduced cybersecurity levy forced the Federal Government to backtrack
Source: punchng.com
CBN directs BDCs to sell dollar at N1,269
The Central Bank of Nigeria has disclosed that it will be allocating $10,000 to each Bureau de Change operator at N1,251/$.
Source: punchng.com
Economists blame naira crash, fuel price as inflation hits 30%
Economists have linked the nation’s rising inflation to the continued depreciation of the naira and high fuel prices.
Source: punchng.com
Operators rally FG for $2bn coffee industry growth
Nigeria is not among the top 10 producers of coffee in Africa, which includes Burundi, Cameroon, Côte d’Ivoire, the Democratic Republic of Congo, Ethiopia, Guinea, Kenya, Madagascar, Rwanda, Tanzania, Togo, and Uganda.
Source: punchng.com