Naira redesign: We’ll protect unbanked, rural dwellers – CBN
The Central Bank of Nigeria has restated its commitment to protect interests of millions of unbanked and underserved Nigerians, who mostly reside in the rural areas.f The apex bank made…
Adopt Naira transactions, oil marketers urge NIMASA, NPA
The Oil Marketers Association of Nigeria has urged the Nigerian Maritime Administration and Safety Agency and the Nigerian Ports Authority to obey Federal Government’s directive on Naira transactions for ports…
NIN: MTN, Airtel bar 9.7 million subscribers
The Mobile Telephone Network and Airtel have reportedly barred 9.7 million of their subscribers from making outgoing calls over their inability to link their National Identification Numbers to their Subscriber…
Full list: Five laws guiding Nigeria’s banking activities
Recent research has shown the laws that guides, checks and balances the banking industry and their activities. The banking industry garnered approximately $15.7 billion in foreign investments over the course…
Recession: Experts advocate effective fiscal-monetary policy
Some economists in the North-East have urged the Federal Government to formulate effective fiscal and monetary policies to prevent Nigeria from sliding into recession. The experts including academics and financial…
Global food imports to hit $2trn- FAO
The United Nations Food and Agriculture Organisation says food import costs globally are projected to reach nearly two trillion dollars this year, or higher than previously expected. FAO, in a…
Stock market closes week positive, indices up 0.06%
The domestic bourse ended the week on a positive note, as market capitalisation gained N14 billion or 0.06 per cent to close at N23.948 trillion from N23.934 trillion recorded the…
Binance halts FTX acquisition deal
Binance has announced that it would not proceed with the plan of acquiring FTX. Recall that most cryptocurrencies experienced a decrease in the immediate aftermath. However, neither Sam Bankman-Fried nor…
FG to establish maintenance centre for aviation sector
The Federal Government is set to establish a Maintenance, Repair and Overhaul Centre through Public Private Partnership to reposition the aviation sector in the country. The Minister of Aviation,…
FAAN reopens Lagos airport runway
The domestic runway (18L/36R) of the Murtala Muhammed Airport in Lagos was reopened on Thursday for flight services, four months after it was closed down by the Federal Airport Authority…
Anambra residents decry Soludo’s tax scheme
The governor of Anambra State, Prof. Chukwuma Soludo, has once more become the subject of intensive scrutiny following his tax schemes. There was commotion last Friday at Kings Planet International…
FG disburses N101bn from healthcare provision fund
The Federal Government has disbursed N101billion to 7,600 primary healthcare facilities from the Basic Healthcare Provision Fund. Secretary of the Ministerial Oversight committee for BHCPF in the Ministry of Health,…
