BDC operators demand new forex window
The Association of Bureaux De Change Operators of Nigeria has called on the Central Bank of Nigeria to establish BDCs’ Autonomous Foreign Exchange Trading window with a determined maximum daily…
Emirates Airlines to accept Bitcoin payments on website
Emirates Airlines is set to begin acceptance of Bitcoin payments and enable the trading of nonfungible tokens (NFTs) on its websites. This was made known by the company's chief operating…
Twitter deal on hold, says Elon Musk
Elon Musk said on Friday he was putting a temporary halt on his much-anticipated deal to buy Twitter, sending shares in the social media giant plunging. "Twitter deal temporarily on…
Agric imports reach N2.7tn despite N129bn intervention loans
Despite spending no less than N129.084bn on agriculture loans to farmers, Nigeria’s agricultural imports continued to take an upward trajectory, hitting N2.7tn in 2021 alone. According to findings by our…
Poor database threatens SIM-NIN registration, NIMC admits deficit
Telecommunication consumers are lamenting the decision of the Federal Government to implement the National Identification Number-Subscriber Identity Module policy after the Nigeria Identity Management Commission disclosed that its infrastructure can…
Norwegian agency, IITA seek improved cocoa production
The Norwegian Agency for Development Cooperation has called for improved soil fertility to boost cocoa production in Nigeria and other cocoa-producing countries in Africa. A Senior Adviser at NORAD, Daniel…
Special agro–industrial processing zones suffer setbacks, experts warn FG
Experts and stakeholders in the financial system have said the delay in getting approval from the Federal Executive Council is stalling the implementation of the Special Agro-Industrial Processing Zones programme.…
Naira depreciates against dollar at N420
The naira, on Thursday, depreciated further at the Investors and Exporters Window, exchanging at N420 to the dollar, a 0.30 per cent depreciation, weaker than N418.75 traded on Wednesday. The…
Daughter of Nigerian ex-minister, others killed in Cameroon copter crash
Adzuayi Ewuga, the daughter of a former Minister of State, FCT, Senator Solomon Ewuga, has died in a plane crash in Cameroon. The senator's daughter was said to be…
NIN registration hits 80.7 million weeks after SIM ban
The Nigeria Identity Management Commission has issued 80.7 million National Identification Numbers, exactly 19 days after the agency deactivated about 72 million telecommunication subscribers for failing to comply with the…
Lagos to demolish over 10 distressed buildings before Sunday
As part of the ongoing efforts to rid Lagos State of distressed buildings, the Lagos State Building Control Agency says it has marked over 10 structures in the state for…
Nigeria loses N91bn oil in one month – Analysis
Statistics have shown that Nigeria lost N91bn worth of oil to various technical issues in just one month. Data sourced from the Nigerian National Petroleum Corporation’s latest Monthly Financial and…
