Business

As crises slow transactions, banks urged to strengthen e-payment channels

The USSD codes *966#, *894#, *737#, #*919#, and *711# continue to be difficult for Nigerians. Financial institutions have been told to improve their e-payment platforms...

Coming soon is database for crude oil transportation tariff

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has unveiled plans to gather accurate and trustworthy information necessary to choose the best tariff...

Top CBN officials will discuss the naira crisis on Monday

The management team of the Central Bank of Nigeria will meet on Monday to discuss the crisis that the naira redesign program has caused...

We Don’t Have Capacity To Print New Notes – Emefiele

Amidst the cash crisis bedevilling the country and the expectations of Nigerians that President Muhammadu Buhari would resolve the matter in seven days as...

Council of state asks Buhari to direct CBN to print more new naira notes or allow circulation of old notes

way of ensuring adequate provision being made with regard to the supply of the naira in the system.’’ Speaking on the outcome of the...

Breaking: Ganduje, Akeredolu sue Buhari, CBN to court over Cash Withdrawal limits

In response to the directive issued by the Central Bank of Nigeria restricting daily cash withdrawals from banks, the Ondo State Government filed a...

Naira scarcity: Instant payments hit N38 trillion in January

Due to the Naira shortage brought on by the Central Bank of Nigeria's redesigned naira and cash withdrawal policy, instant electronic payment reached N38.77...

The best investment you can make in Nigeria, is in yourself – Andrew Nevin

  Don't put all your eggs in one basket as a Nigerian investor, suggests Dr. Andrew Nevin, Advisory Partner & Chief Economist of PricewaterhouseCoopers (PwC)...

Gov. Ugwuanyi promises to support creator of battery-operated cooking stove

The governor of Enugu State, Ifeanyi Ugwuanyi, has stated that his administration will support a local from Amagunze in the Nkanu East Local Government...

Dangote visits trade shows in Ogun and Kaduna and promises increased investment

The management of the Pan-African conglomerate, Dangote Group, has announced its partnership with Ogun and Kaduna states Chamber of Commerce and Industry to stage...

Lawmakers Lament as Nigeria’s Debt Reaches an All-time High of N42.84trn

At the resumption of plenary yesterday, the House of Representatives joined the growing number of Nigerians who have expressed concern that the country may...

56% of Nigeria’s Agricultural land not in use, says Minister

According to the federal government, 56% of Nigeria's arable land is underutilised. During the ongoing 45th regular meeting of the National Council on Agriculture and...

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