Nigeria to reach 95% financial inclusion by 2024 – CBN
The Central Bank of Nigeria has said that it hopes to achieve 95% financial inclusion by 2024. To achieve this, it said the Federal Government has released five strategic policy…
Nigeria’s rising inflation align with global trend – Emefiele
The governor of the Central Bank of Nigeria, Godwin Emefiele, said the steady increase in headline inflation from 15.60 per cent in January to 20.77 per cent in September was…
FG to life ban in Nigerdock terminal
The Federal Government has announced that it is planning to lift the ban imposed on Nigerdock terminal following the firm's willingness to abide by the rules amid its contributions to…
FG targets sorghum production to boost food security
The Federal Government will progressively produce Sorghum toward meeting the country’s food and industrial demand in the face of climate change and insecurity. The Minister of Agriculture and Rural Development,…
Edo govt supports farmers with rice mills, others
The Edo State Government has acquired equipment and trained farmers for agro-processing in its quest to boost food production across different locations in the state. The Commissioner for Agriculture…
New naira notes’ll help control money circulation – CBN
The Governor, Central Bank of Nigeria, Godwin Emefiele, has said the newly redesigned currency will help the apex bank control money in circulation. Emefiele also said the initiative was not…
Buhari justifies cashless economy policy
The President, Major General Muhammadu Buhari (retd.), has reiterated the need for a cashless economy in Nigeria. According to The Nation, Buhari said this in Lagos, on Tuesday, at the…
Inflation: CBN raises interest rate to 16.5%
The Monetary Policy Committee of the Central Bank of Nigeria have voted to increase the benchmark interest rate by 100 basis points to 16.5 per cent, the highest since 2001.…
Inflation: NBCC raises concerns over excise duty increment
The Nigeria-British Chamber of Commerce has warned that the proposed increment in the excise duty by the federal government will lead to more inflation in the country. Daily Post…
Shell completes offshore FPSO’s maintenance
Shell Nigeria Exploration and Production Company Limited has announced the completion of the Turn Around Maintainance of its offshore Floating Production Storage and Offloading Vessel, titled: 'Bonga'. The company’s…
Vodacom, MultiChoice partner on app development
Vodacom Tanzania has announced a partnership with MultiChoice Tanzania's DStv, allowing subscribers to access the digital television service through the M-Pesa app via the MyDStv App. The mobile operator acknowledged…
South Africa’s Telkom under pressure as shares plummets
South African company, Telkom is facing pressure on its profit margins as its share price falls by more than 30 percent over the last month. It was gathered that this…
