
Zainab Iwayemi
2397 articles published since 07 Jul 2023
2397 articles published since 07 Jul 2023
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The CBN clarifies that the $50 fee for Non-Resident BVN registration is a processing charge for remote verification, not a payment for the BVN itself.
The US President Donald Trump warns that Nigeria will face a 10% tariff for joining BRICS, urging diplomatic handling to avoid trade disruptions.
NNPC has reduced petrol prices, with the cost now at N885 per litre at its filling stations in Abuja, marking a significant drop from previous rates.
NNPCL faces a potential 50% decline in oil and gas production by the late 2030s due to infrastructure challenges, high costs, and reliance on non-operated assets.
Nigeria's air travel taxes are among the highest, with passengers paying an average of $180 per international flight, nearly three times the continental average.
GTBank has introduced a $1,000 quarterly limit on international transactions using its naira cards, affecting ATM, online, and POS payments abroad.
Five Nigerian banks, including Access Bank, Zenith Bank, and Ecobank, have already met the CBN's revised capital requirements ahead of the 2026 deadline.
MultiChoice Nigeria has been fined N766.24 million by the NDPC for breaching data privacy laws, including unauthorised data transfers and intrusive data practices.
Zainab Iwayemi
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