business
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NMDPRA Orders Petrol Stations to Make CNG Sale Points
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has disclosed that all Petrol stations are to have points of sale for Compressed Natural Gas (CNG). The agency’s Chief Executive,…
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CBN Directs Banks To Suspend Cybersecurity Charges On Deposits
The Central Bank of Nigeria (CBN) has suspended charges on cash deposits until September 30, 2024. The apex bank disclosed this in a circular dated May 6, 2024, signed by…
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Banks Close 2m Accounts Nationwide
Commercial banks in Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, to clean their books of questionable accounts and comply with regulatory orders on the…
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FG Puts Dana Air licence on Break after Lagos airport incident
The Nigerian Civil Aviation Authority has suspended the Air Operators Certificate of Dana Air. This came barely 24 hours after Dana Air plane coming from Abuja landed at the Lagos…
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Dangote Crashes Diesel Price to N1,000/litre from N1,200
Dangote Petroleum Refinery yesterday announced a further reduction of the price of diesel from N1,200 to N1,000 per litre. Members of the Independent Petroleum Marketers Association of Nigeria, had a…
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