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Economy

CBN Insists On Ban On Use Of ATM Cards Abroad, As Overseas Students Protest

The Central Bank of Nigeria (CBN) has said that the recent restriction placed on the use of bank cards abroad will remain until the...

Nigeria To Rely On 75% Imported Petrol In 2016 – Kachikwu

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) and Minister of State for Petroleum, Ibe Kachikwu on Sunday, December 27, 2015 availed that...

#PunishPoliticansNotNigerians: Senator Murray-Bruce Blasts FG Over Ban On ATM Abroad [TWEETS]

Businessman and Senator representing Bayelsa East Senatorial District, Ben Murray-Bruce has advised the Federal Government against the proposed ban on the use of Nigerian...

Opinion: Emefiele Not To Blame For Ban On Use Of Nigerian Bank Cards Abroad

by Egheomhanre Eyieyien The naira is taking an unprecedented bashing in our foreign exchange markets. In the parallel market, the dollar sold for as high as...

FG Removes Fuel Subsidy, Reduces Petrol To N85 Per Litre From Jan 1

The Federal Government would on January 1, next year, reduce the pump price of the petrol, also known as Premium Motor Spirit (PMS) to...

Bad, Bad News: Oil Prices To Drop To Between $5 And $15 In 2016 – IMF

The days ahead may just be harder than envisaged as the International Monetary Fund (IMF), Thursday, said crude oil prices may slump to as...

‘Buhari administration is spending money like a drunken sailor’ – Fani-Kayode

Chief Femi Fani- Kayode has described the 2016 budget as presented by President Muhammadu Buhari to the joint National Assembly as that fueled by...

Blame Jonathan For Fuel Scarcity – Lai Mohammed

As Nigerians continue to experience untold hardship due to current fuel scarcity in the country, the Federal Government has blamed former President Goodluck Jonathan’s...

Economy, Naira Will Be Stable Next Year – Emefiele

Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the apex bank is evolving additional measures to boost the nation’s economy and...

#SoundOff: Ban On Use Of ATM’s Abroad Means Nigeria Is Sliding Back To ‘1984’

So from January 2016 we cannot, as Nigerians access our Mastercards and Visa cards at ATMs abroad anymore and can't even make payments for...

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