Archives for January 18, 2024
CBN Uncovers Gross Violations of Market Regulations, Vows Sanctions
The Central Bank of Nigeria (CBN), yesterday said it found grave infractions, gross abuse and significant non-compliance with market regulations by operators in the foreign exchange segment. The revelation…
FG suspends electricity tariff hike, power subsidy hits N1.6tn
The Nigerian Electricity Regulatory Commission, on Wednesday, released the 2024 electricity tariffs which showed that the Federal Government is to shoulder about subsidy this year to avert…