Oil price fall:Nigerians to pay more for petrol in 2015

We’ll resist any price hike – NLC The pump price of premium motor spirit otherwise known as petrol will rise from 2015 as the Federal...

Online fraud : CBN approves implementation of Virtual Card Solution in banks

PrepayGo Technologies has partnered SIBS International to introduce the SIBS virtual card solution that will help combat ‘Card Not Present Fraud’ in Nigeria. Owing to...

Stop placing unrealistic targets on marketers, CBN tells banks

The Central Bank of Nigeria, CBN has warned commercial banks operating in the country against placing unrealistic deposit targets on their marketers. The apex bank...

CBN meets bank MDs as naira crashesed

The naira, which has been under pressure in the last few weeks, on Monday crashed against the dollar to N173.20 at the interbank market,...

Fuel subsidy to reduce by N600bn

On the flip side of the decline in crude oil prices, which has affected the country’s revenue from oil exports, analysts expect the Federal...

2015: Govt spendings to drop by N.2trillion, says Iweala

The Minister of Finance, Dr Ngozi Okonjo-Iweala, says the Federal Government has proposed a review of the oil benchmark from 77.5 dollars to 73...

Nigerian scientist’s conversion of urine into flammable gases gets patent

Indian, U.S. experts develop human waste engine, turn pee into hydrogen fuel A NIGERIAN scientist has obtained a patent for his pioneer work in converting...

Cooking gas scarcity looms as supply falls

Most Liquefied Petroleum Gas (cooking gas) plants in the country have run out of product supply, and the instability is causing serious panic among...

Katsina Court tackles fake currency possession

Lagos - Two men will appear in court on Friday following their arrest on alleged possession of fraudulent foreign and local currencies. Badamasi Alhassan will...

e-fraud: Nigeria loses over N10tr in 10 months

Between January and October this year, the nation’s financial sector has been heavily defrauded, losing over 60 billion US dollars and the various financial...

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