A group, the Buhari Media Organisation (BMO) says no administration in the country’s history has done what President Muhammadu Buhari […]
RTag: CBN
Experts task CBN on local solutions to reduce inflation rate
FINANCIAL experts have urged the Central Bank of Nigeria (CBN) to consider local solutions to the rising inflation against the […]
Banks’ USSD debt has increased to N80bn – Telecom operators
THE Association of Telecommunications Operators of Nigeria (ALTON) says banks’ Unstructured Supplementary Service Data (USSD) debt has increased to N80 billion […]
Moghalu cautions NASS against bill to remove CBN Governor as Chairman, BODs
NIGERIAN political economist, Prof. Kingsley Moghalu has cautioned the National Assembly against passage of a bill to remove the Central […]
CBN takes drastic measures to tackle inflationary trend
By Kennedy Nnamani FOLLOWING the meeting of the Monetary Policy Committee, MPC, yesterday, the Central Bank of Nigeria, CBN, has […]
Senate passes bill to amend CBN Act for 2nd reading
THE Senate on Tuesday at plenary, passed for second reading, a bill to amend the Central Bank of Nigeria (CBN) […]
SMEs advocate participation in FG’s policymaking processes
THE Association of Small Business Owners of Nigeria (ASBON), on Tuesday, emphasised the need for full participation and representation in […]
Maize association to strategise on CBN’s loan recovery
THE Maize Association of Nigeria (MAN) has commenced nationwide strategic meeting with maize farmers and stakeholders on the Central Bank […]
Cybercrime affecting banks, says CBN
A non-Executive Director of the Central Bank of Nigeria (CBN), Prof. Mike Obadan, has stated that the bane of the […]
Forex scarcity: Banks suspend international transactions on Naira debit cards
NIGEIANS will not be able to use their Naira debit cards for international transactions as scarcity of foreign exchange (forex)worsens […]
IPOB alleges Soludo wants to disrupt peace in Anambra
THE Indigenous People of Biafra (IPOB) has alleged that the Anambra state governor, Professor Charles Soludo is plotting to disturb […]
Nigerian wins Adam Smith Prize for PhD excellence
DR Babatunde Omotosho, an alumnus of the University of Ilorin (Unilorin), has won the 2021 Adam Smith Business School Prize […]
Sanusi urges FG, ASUU to resolve lingering strike
FORMER Governor of the Central Bank of Nigeria (CBN), Lamido Sanusi, has urged the Federal Government and the Academic Staff […]
PenCom urges general public to ignore false, mischievous information on its staff compensation package
THE National Pension Commission, PenCom, says that following the false and misleading information on its compensation package being circulated in […]
Govt. needs to address unabating drivers of inflation – CPPE boss
DR Muda Yusuf, Founder, Centre for the Promotion of Private Enterprises (CPPE), has called on the Federal Government to address […]
Customs does not determine exchange rate —PRO
THE Nigeria Customs Service (NCS) says it does not determine exchange rate. The Public Relations Officer of the service, Deputy […]
Hiers Insurance, Life Assurance partner UBA on ‘bancassurance’
HEIRS Insurance Limited (HIL) and Heirs Life Assurance (HLA) on Wednesday said they have began a partnership with the United […]
Buhari commends CBN, for financial system stability
PRESIDENT Muhammadu Buhari, on Tuesday commended the Central Bank of Nigeria (CBN) for diligently working towards achieving financial system stability […]
Stakeholders task FG on removal of hazardous pesticides from ABP
STAKEHOLDERS have urged the Federal Ministry of Agriculture and Rural Development (FMARD), CBN and others to mandate agrochemical dealers to […]
CBN’s e-Naira game-changer of Nigerian economy- BMO
THE Central Bank of Nigeria (CBN’s) strategy of an efficient payment system through the introduction and implementation of the e-Naira […]
eNaira and global digital currency revolution
By Kadiri Abdulrahman WHEN the Central Bank of Nigeria (CBN) introduced its digital currency, the eNaira in October 2021, the […]
‘Dollar payment demand by foreign-owned operators killing local telecoms players’
INSISTENCE on payment in dollar and other hard currencies by foreign telecommunications operators is said to be stifling the growth […]
Fresh opportunities as e-Naira enters Phase II
THE decision of the Central Bank of Nigeria (CBN) under the leadership of the Governor, Mr. Godwin Emefiele, to introduce […]
Court acquits ex-Gov Jang of fraud charges
A Plateau State high court has discharged and acquitted former Governor Jonah Jang of the N6.3 billion fraud allegations leveled […]
Growing Nigeria’s economy through accelerated diversification
By Kadiri Abdulrahman AS the Federal Government continues undertake initiatives to overcome economic challenges occasioned by varied local and global […]
Fidelity Bank declares interim dividend on higher H1 profit
FIDELITY Bank Plc yesterday declared interim dividend of 10 kobo per share as the bank recorded double-digit growths across key […]
Fidelity Bank to take over Union Bank UK
FIDELITY Bank has announced it has entered into a deal to buy 100 per cent stake in the United Kingdom […]
Economic diversification: Stakeholders call for government, private sector collaboration
By Kennedy Nnamani STAKEHOLDERS in the non-oil sector have called for collaboration between the government and the private sector to […]
CBN Governor harps on benefits of diversified economy
By Kennedy Nnamani GODWIN Emefiele, Governor of the Central Bank of Nigeria, CBN, has harped on the need for the […]
Experts laud CBN for injecting $265m into aviation sector
SOME stakeholders have commended the Central Bank of Nigeria (CBN) for injecting $265million into the nation’s aviation sector. This action, […]
CBN moves to save aviation sector
…Releases $265 Million to Airlines To Settle Outstanding Ticket Sales IN a move to check a brewing crisis in the […]
Aviators demand new strategies to tackle trapped funds, FX crisis
AVIATION stakeholders have urged the Federal Government and the Ministry of Aviation to think outside the box for sustainable solutions […]
Stakeholders express concern as Nigeria’s debt hits $100 billion
STAKEHOLDERS at the African Conference on Debt and Development (AFCODD) have raised concerns about Nigeria’s rising debt profile as the […]
Accelerating Nigeria’s economic diversification through CBN’s “100-for-100” initiative
By Kadiri Abdulrahman IN recent decades, Nigeria’s economy can best be described as mono-cultural as it is largely run from […]
Inflation: Experts urge CBN to unify forex market
THE Chief Executive Officer, Center for the Promotion of Private Enterprise, Dr Muda Yusuf, has urged the CBN to unify […]
No respite for operators as aviation fuel hits N903
THERE is no respite yet for airline operators in Nigeria over the skyrocketing price of aviation fuel otherwise known as […]