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Economy

$19bn Dangote Refinery gets another 1m barrels crude oil

With the delivery of two million barrels of crude, the $19 billion Dangote Oil Refining Company is set to commence production of petroleum products paving the way for additional jobs and foreign exchange relief to the economy. This follows yesterday’s…

Economy

CBN Suspends New Request For Intervention Loans

The Central Bank of Nigeria (CBN) has announced the suspension of new loan applications under its intervention programme. The announcement was communicated in a circular entitled “Suspension of Acceptance of New Applications under the Existing Central Bank of Nigeria, CBN…

Breaking: CBN suspends charges on cash deposit for individuals, organisations

The Central Bank of Nigeria (CBN) has suspended charges on cash deposits for individuals and corporate organisations with immediate effect till April 30, 2024. Details soon… Affairs TV News Click Here to Join our WhatsApp Group Click Here to Join…

Economy

Beware Of Fake Naira Notes In Circulation, CBN Warns Nigerians

The Central Bank of Nigeria (CBN) Friday warned Nigerians to beware of counterfeit Naira bank notes in circulation. The apex bank in a statement advised Deposit Money Banks, Financial Houses, Bureau de Change, and the public to be vigilant and…

Economy

Dangote refinery gets first crude supply

The first crude feedstock for Dangote’s 650,000 b/d refinery has arrived the country, according to SP Global quoting market sources and tanker tracking data. The analytical firm said the development indicated that fuel production at the new $19 billion facility…

Economy

CBN Governor approves reviewed service charter

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has approved the apex bank’s revised “Service Charter.” According to the News Agency of Nigeria (NAN), the service charter is a prerequisite of the Business Facilitation Act 2022 that…

Reps Issue Warrant Of Arrest Against CBN Gov, AGF, Others

The House of Representatives Committee on Public Petitions has issued a warrant of arrest against the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, for refusing to appear before it to answer questions on the oil sector. The…