Economy
World bank President ‘resigns’
World Bank President David Malpass has said he would leave his post well before his term ends, months after running foul of the ...
Economy
Zamfara govt orders arrest of persons rejecting old naira notes
Governor Bello Muhammad Matawalle of Zamfara State has ordered the arrest of any person who refuses to accept the old currency notes of ...
Economy
Over 100m SIMs produced locally in 1 year- NCC
The Nigeria Communications Commission (NCC) says over 100 million Subscribers Identity Module (SIM) has so far been produced locally within a year of ...
Economy
CBN directs DMBs to freeze accounts of individuals linked with Abdul Rehman
The Central Bank of Nigeria (CBN) has directed financial institutions to freeze the accounts of individuals linked to Abdul Rehman Makki. The apex ...
Economy
New Naira: CBN deploys POS operators
In an effort to decongest long queues and difficulties being experienced by residents at ATM points across banks in Lafia, the Nasarawa state ...
Economy
National Data Protection Bureau to create 500,000 jobs – Official
The National Data Protection Bureau (NDPB) says it will create 500,000 jobs from its planned initiative of licensing indigenous institution to train and ...
Economy
Kwara Gov urges calm, seamless supply of new notes to citizens
Kwara State Governor AbdulRahman AbdulRazaq has called for more supply of the new naira notes to the citizens to ease things for the ...
Economy
Scarcity of naira notes: ICPC arrests FCMB, Stanbic IBTC managers, POS agents over alleged sabotage
In continuation of its clampdown at elements frustrating efforts in making the redesigned Naira notes available to bank customers, the Independent Corrupt Practices ...
Economy
Cashless policy curbs illegal election funding – VP
Vice President Yemi Osinbajo says a cashless policy in Nigeria can help stop the rise of illegal election funding by making it easier ...
Economy
Buhari appoints Segun Awolowo Secretary AFCFTA
President Muhammadu Buhari has approved the appointment of Mr. Olusegun Awolowo as the Secretary, National Action Committee on the African Continental Free Trade ...
Economy
Govt plans PoS agents for $800m cash-transfer scheme
The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has said that the Federal Government will deploy Point-of-Sales agents for cash ...
Economy
Reps reject extension of old naira notes swap by CBN
The House of Representatives Adhoc Committee on new naira re-design and naira swap policy has rejected the ten days extension granted by the ...
Economy
CBN deadline: Banks to open Saturday, Sunday
All Deposit Money Banks in the country including staff of Central Bank of Nigeria CBN have been directed to open for operation this ...
Economy
Duty hike: Used vehicle imports fall by 40%
The Ports & Terminal Multipurpose Limited Command of the Nigeria Customs Service has said that the introduction of Vehicles Identification Number for clearing ...
Economy
French Ambassador lauds visionary leadership of Gov AbdulRazaq, pledges partnership
The French Ambassador to Nigeria Emmanuelle Blatmann has said she is impressed by the clear vision of Kwara State Governor AbdulRahman AbdulRazaq and ...
Economy
Digital Technologies Can Create $13 Trillion In Economic Value By 2025 – Study
Digital technologies have the potential to create $13 trillion in economic value by 2025, a study by McKinsey, has revealed. The director general ...
Economy
Report Banks whose ATMs dispense old notes – CBN
Ahead of the deadline announced by the Central Bank of Nigeria, CBN, for the mopping up of old naira notes, mixed reactions have ...
Economy
Gov. AbdulRazaq signs N188.8bn Kwara’s 2023 budget into law
Kwara State Governor AbdulRahman AbdulRazaq has signed the 2023 budget into law, with the Governor saying the fiscal document provides funding for the ...
Economy
Private sector lauds Lagos deep seaport, rice mill
Members of the Organised Private Sector (OPS) have welcomed the inauguration of the Lekki Deep Seaport and Imota Rice Mill, Lagos. They described ...
Economy
New naira notes: Governors set up committee to work with CBN
The Nigeria Governors’ Forum (NGF) has set up a six- member committee to engage the Central Bank of Nigeria (CBN) to address anomalies ...
Economy
New Naira Notes: CBN sensitises Kwara traditional rulers, markets
The Central Bank of Nigeria (CBN) on Thursday took its sensitisation campaign on the redesigned Naira notes to traditional rulers and markets in ...
Economy
Govt seeks investment in PRODA pencil
Mrs Monilola Udoh, Permanent Secretary of the Federal Ministry of Science, Technology and Innovation (STI), has urged investors to invest and help commercialise ...
Economy
Governors Invite CBN Governor Over New Naira Notes
The 36 State Governors in Nigeria have invited the Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emiefele, for a virtual meeting on ...
Economy
Final Countdown Commences for Wema Bank’s 5for5 Promo Season 2 Grand Finale
The second edition of the ALAT 5for5 promo, a six-month-long mega reward programme, is set to witness an all-action finale this month that ...
Economy
DSS denies arresting CBN Governor, Emefiele
The Department of State Services has denied invading the office of the Governor of the Central Bank of Nigeria, Godwin Emefiele. There were ...
Economy
NNPCL discovers oil in Nasarawa
The Nigerian National Petroleum Company Limited has announced the discovery of oil in Nasarawa State, saying it will spud the first oil well ...
Economy
KWSG Gives 4000 Artisans N200m Grant
Kwara State Governor Abdulrahman AbdulRazaq on Thursday launched the disbursement of N50,000 grant each for at least 4000 Kwara artisans to support their ...
Economy
I will reposition economy before leaving office– Buhari
President Muhammadu Buhari says that his administration will reposition the nation’s economy and improve on security across the nation before the end of ...
Economy
77 trillion debt: Alarm over national debt unnecessary – DMO
The Debt Management Office (DMO) has said that the alarm created around the country’s projected public debt was unnecessary. The Director-General, Mrs Patience ...
Economy
Intelligence: NFIU warns against huge cash withdrawals
The Nigeria Financial Intelligence Unit (NFIU) has warned the public and private entities against massive cash withdrawals. The Director and Chief Executive Officer ...
Economy
KW-IRS management reiterates commitment to professionalism, transparency, recount gains
The Management of Kwara State Internal Revenue Service (KW-IRS) has reiterated the commitment to professionalism and transparency in the operations of the agency. ...
Economy
Kwara cabinet approves industrial park, Shea butter processing factory
Kwara State Executive Council has approved the establishment of an industrial park at Eiyenkorin in Asa Local Government Area of the state as ...
Economy
WEMA Bank Appoints Moruf Oseni as New MD/CEO, Other Executive Directors
Wema Bank Plc. has announced the appointment of Moruf Oseni, as the new Managing Director/ Chief Executive Officer of the Bank, subject to ...
Economy
Buhari reiterates commitment to revive Ajaokuta Steel Company
President Muhammadu Buhari has assured the people of Kogi State that the Ajaokuta Steel Complex will be revived. The President gave the assurance ...
Economy
Kwara Labour slams marketers over arbitrary hike in prices of PMS, others..seeks govt intervention
The organized labour in Kwara State has carpeted petroleum products marketers in the state for what it described as incessant hike in the ...
Economy
Another set of winners to emerge in ongoing Polaris Save and Win Promo
Polaris Bank has announced that the third draw of its ongoing Save and Win promo is scheduled to hold on Thursday December 29, ...
Economy
Over 6,000 BVNs linked to fraudulent transactions under our watch – CBN
The Central Bank of Nigeria (CBN) has disclosed that over 6,000 bank verification numbers (BVN) of customers are under the watchlist for fraudulent ...
Economy
Yuletide: Polaris Bank assures Nigerians of seamless transactions
Polaris Bank has assured that customers and non-customers alike can shop seamlessly and carry out all their transactions via its alternate channels: VULTe, ...
Economy
Gov Makinde signs 2023 budget into law
Governor Seyi Makinde of Oyo State has signed the state’s 2023 Appropriation Bill, tagged “Budget of Sustainable Development” into law in Saki ,Oke ...
Economy
Support implementation of transformational payments, financial industry initiatives, CBN urges NASS
The Central Bank of Nigeria (CBN) has urged the National Assembly to support its implementation of transformational payments and financial industry initiatives in ...
Economy
We can’t pass budget due to ‘obvious problems’ – Senate President
Senate President, Ahmed Lawan said the National Assembly could not pass the 2023 budget on Thursday because it contained many obvious problems. Lawan, ...
Economy
NG-CARES: FG engages firm to verify results achieve by states, FCT
The Federal Government, on Thursday engaged Steigler Services Ltd., to serve as an Independent Verification Agent (IVA) for the implementation of the Nigeria ...
Economy
Buhari commissions first African Quality Assurance Centre in Ogun
President Muhammadu Buhari, on Wednesday, commissioned the first African Quality Assurance Centre in Sagamu, Ogun State, with assurance to implement the Nigerian Quality ...
Economy
CBN increases individual cash withdrawal limit to N500k per week
The Central Bank of Nigeria has increased cash withdrawal limit for individuals and corporate organisations to N500,000 and N5 million per week respectively. ...
Economy
Lagos council chair presents N3.24bn budget for 2023
The Chairman of Onigbongbo Local Council Development Area in Lagos State, Mr Oladotun Olakanle, on Monday presented N3.24 billion proposed budget for 2023 ...
Economy
2,099 persons to benefit from FG social investment programme in Edo
No Fewer than 2,099 Vulnerable Groups and rural poor have been selected to benefit from the Federal Government Enterprise and Empowerment Programme (GEEP ...
Economy
Why Nigerians should not go into business by perception—SMEDAN
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has emphasised the need for Nigerians to get the required knowledge needed to ...
Economy
Trade Fair: Gov AbdulRazaq pledges more support for SMEs in Kwara
Kwara State Governor AbdulRahman AbdulRazaq on Tuesday said the administration will continue to support small and medium scale businesses to deepen economic growth ...
Economy
Group commends FG over New Bank Policy, says it will rescue Nigeria’s economy
A group, Society for Youth and the Downthrodden, SOYD, has commended the Federal Government over the new bank policy saying that Nigeria’s economy ...