CBN reveals overall benefit of cash withdrawal limit
The Central Bank of Nigeria has stated that the cash withdrawal limit is not anti-people. According to The PUNCH, this was stated by the Deputy Governor, Financial System Stability, CBN,…
Analyst predicts 2023 challenges for Netflix
Industry analyst have predicted that streaming platform, Netflix's investors will have plenty to worry for in 2023 despite it's 65 percent stock increase since July. According to Wall Street…
Buhari names BOI’s executive directors
The President, Major General Muhammadu Buhari (ret.) has given his approval for Mallam Shekarau Omar to serve a second term as Executive Director Small and Medium Enterprises. Omar will now…
Stanbic IBTC adopts Gombe community school
Standard Bank group, Stanbic IBTC Holdings, has explained reasons for adopting Kurba Community Primary School in Yamaltu Deba Local Government Area of Gombe State. The Chief Executive of the…
Honeywell begins enrollment for talent development program
Honeywell Group has called on members of the public, entrepreneurs and tech enthusiasts to take part in its fifth talent development program slated for early next year to help salvage…
Why Nigeria’s foreign reserves lost $2.2bn – CBN
The Central Bank of Nigeria has explained reasons why Nigeria’s foreign reserves lost $2.22 billion in a sustained demand pressure in the foreign exchange market. In its Financial Stability…
Nigeria’s biovaccine company to begin production before Q2 2023
Biovaccines Nigeria Limited, a joint venture between the Federal Government of Nigeria and May & Baker Nigeria Plc, is set to commence the production of vaccines before the second quarter…
Yuletide: MTN, Airtel, others to earn big on increased call, data
Telecommunications operators in Nigeria are expected to earn more revenue as a result of a projected rise in calls and data usage this festive period. According to Nairametrics, the…
CBN bows to pressure, increases weekly withdrawal limit
The Central Bank of Nigeria has raised the weekly maximum limit for cash withdrawals by individuals and corporate entities through all channels to N500,000 and N5,000,000, respectively. In a letter…
Debt: Zambia gets $100m from World Bank
The World Bank announced on Wednesday that it would disburse $100 million for Zambia, despite significant delays in debt restructuring procedures as creditors drag their feet. According to The…
Nigeria’s wheat import suffers major fall – NBS
The National Bureau of Statistics has revealed that Nigeria imported durum wheat for N753.6 billion in the first nine months of 2022. According to the figures, this is a 16.1%…
Senate approves business facilitation bill
The Senate on Tuesday, passed the Business Facilitation (Miscellaneous Provision) Bill 2022, also known as the Omnibus Bill. According to The Vanguard, this was after its earlier passage by the…
