FCCPC, CBN, EFCC target illegal money lenders A joint committee of the Federal Competition and Consumer Protection Commission (FCCPC), CBN and EFCC tackling violation of consumer rights in the money lending industry will soon shut down illegal businesses. Mr Babatunde Irukera, the Chief Executive Officer of FCCPC, told newsmen in Abuja on Sunday, that the enforcement would commence soon. Other
Continue reading Nigeria’s inflation rate drops further to 15.4% in November 2021 Nigeria’s inflation rate dropped further in the month of November 2021 to 15.4% from 15.99% recorded in the previous month. This is according to the recently released inflation report by the National Bureau of Statistics (NBS). What this means Nigeria’s inflation rate recorded its 8th consecutive moderation in November 2021,
Continue reading U.S. dollar gains; yen, Swiss franc fall as Omicron fears ease Global Economy: The dollar firmed on Monday, while the yen and Swiss franc weakened, reversing some of Friday’s moves, as fears about the new corona virus variant receded, with governments around the world seeking further information about the most recent mutation and its impact. The Omicron variant, first detected
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