Business News of Tuesday, 27 June 2023

Access, Zenith, GTB, Wema, other banks announce branches closure nationwide

Controversy trails ‘plans’ to increase electricity tariffs

FG will save N2tr from subsidy removal in six months, says World Bank

DisCos await NERC’s nod to increase electricity tariffs

World Bank backs FG’s subsidy removal, exchange rate unification

Nigerian Police Force gets approval to convert into commercial bank, begins process

Will AI really destroy humanity?

Dangote loses $7 billion as Abdul Samad Rabiu falls out of billionaire index

Banks, institutions pay over N200m fines for breaching privacy rights of Nigerians

How forex reforms could boost capital inflow

Solar power devices will address rising fuel prices – Bluetti

Discos backtrack on tariff hike, await NERC approval

World Bank okays fresh $500m loan for FG

N5bn contract will create market for rice, says LCFE

Buhari hands over N974bn uncompleted road projects