Business

NNPC discovers oil in Northern part of Nigeria

The Nigerian National Petroleum Corporation (NNPC) has discovered oil Kolmani River-II in Gongola Basin, in the North-Eastern part of the…

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CBN fines 12 banks N499bn over failure to meet 60% loan-to-deposit deadline

The Central Bank of Nigeria (CBN) has fined 12 banks N499 billion for failing to give 60% of deposits as…

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CBN directs banks to raise loan-to-deposit ratio

The Central Bank of Nigeria (CBN) has ordered commercial banks to raise their Loan-to-Deposit Ratio (LDR) from 60 to 65…

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Flutterwave: Powering The Payment Pathway

There are some things that have come to stay. Things that have changed the way we see the world, interact…

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IMF selects Kristalina Georgieva as managing director

The executive board of International Monetary Fund (IMF) has selected Kristalina Georgieva to succeed Christine Lagarde as its Managing Director.…

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CBN insists on implementation of cashless policy

The Central Bank of Nigeria has insisted to go ahead with the implementation of cashless policy. Okay.ng gathered that CBN…

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ECOWAS asks Nigerian government to reopen borders

The Economic Community Of West African States (ECOWAS) has called on the Nigerian government to reopen boarders and find a…

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CBN shifts date for Monetary Policy Committee meeting

The Central Bank of Nigeria (CBN) has announced the rescheduling of the Monetary Policy Committee meeting. CBN disclosed this in…

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