Economy

An Agricultural Value Chain Company, KCCL on Thursday inaugurated a fully solar-powered cold room in Ilorin, Kwara State. A technology-innovative cold room which ...

Kwara State Governor AbdulRahman AbdulRazaq on Monday said the administration is committed to making the business climate more friendly for investments, commending the ...

Lagos, Nigeria – Wema Bank, a leading Nigerian financial institution renowned for its innovative banking solutions and Africa’s first fully digital bank, is ...

Kwara State Government has commenced the process of adopting the Nigeria Startup Act, which aims to provide support to startups and new businesses ...

The Federal Government has approved the release of N45.3 billion as reimbursement to States and the FCT for the implementation of the Nigeria ...

The Manufacturer Association of Nigeria (MAN) has urged the in-coming administration to give maximum priority to the productive sector, noting that the economy ...

Loan apps on Play Store will lose their ability to access their users’ contacts or photos from May 31, 2023. This came as ...

The Chinese government said its delegation headed by its ambassador to Nigeria has met with President-elect Bola Tinubu to discuss diplomatic and trade ...

The Kwara state executive council has approved offset of its local debt stock with the outstanding payment of its share of the federal ...

The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. Of the 173, 119 have ...

Wema Bank Plc has announces Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective April 1, 2023. After serving in ...

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, Tuesday, apologised to Nigerians for the failed online transactions. Emefiele admitted challenges faced by ...

Wema Bank Plc, Nigeria’s leading Innovative Financial Institution is championing financial literacy for the next generation by participating in the Global Money Week ...

The Minister of Communications and Digital Economy, Prof. Isa Pantami, says President Muhammadu Buhari has approved the exemption of the digital economy sector ...

Some economists have urged the Central Bank of Nigeria (CBN) to comply with the Supreme Court’s ruling, making the old Naira notes to ...

Kwara State Governor AbdulRahman AbdulRazaq on Thursday performed the official groundbreaking ceremony of the construction of the multi-storey and multi-purpose Kwara Revenue House ...

The Central Bank of Nigeria (CBN) in collaboration with ChamsMobile Ltd. and Super Agents have developed the eNaira enhanced services to address challenges ...

World Bank President David Malpass has said he would leave his post well before his term ends, months after running foul of the ...

Governor Bello Muhammad Matawalle of Zamfara State has ordered the arrest of any person who refuses to accept the old currency notes of ...

The Nigeria Communications Commission (NCC) says over 100 million Subscribers Identity Module (SIM) has so far been produced locally within a year of ...

The Central Bank of Nigeria (CBN) has directed financial institutions to freeze the accounts of individuals linked to Abdul Rehman Makki. The apex ...

In an effort to decongest long queues and difficulties being experienced by residents at ATM points across banks in Lafia, the Nasarawa state ...

The National Data Protection Bureau (NDPB) says it will create 500,000 jobs from its planned initiative of licensing indigenous institution to train and ...

Kwara State Governor AbdulRahman AbdulRazaq has called for more supply of the new naira notes to the citizens to ease things for the ...

In continuation of its clampdown at elements frustrating efforts in making the redesigned Naira notes available to bank customers, the Independent Corrupt Practices ...

Vice President Yemi Osinbajo says a cashless policy in Nigeria can help stop the rise of illegal election funding by making it easier ...

President Muhammadu Buhari has approved the appointment of Mr. Olusegun Awolowo as the Secretary, National Action Committee on the African Continental Free Trade ...

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 ...

The House of Representatives Adhoc Committee on new naira re-design and naira swap policy has rejected the ten days extension granted by the ...

All Deposit Money Banks in the country including staff of Central Bank of Nigeria CBN have been directed to open for operation this ...

The Ports & Terminal Multipurpose Limited Command of the Nigeria Customs Service has said that the introduction of Vehicles Identification Number for clearing ...

The French Ambassador to Nigeria Emmanuelle Blatmann has said she is impressed by the clear vision of Kwara State Governor AbdulRahman AbdulRazaq and ...

Digital technologies have the potential to create $13 trillion in economic value by 2025, a study by McKinsey, has revealed. The director general ...

Ahead of the deadline announced by the Central Bank of Nigeria, CBN, for the mopping up of old naira notes, mixed reactions have ...

Kwara State Governor AbdulRahman AbdulRazaq has signed the 2023 budget into law, with the Governor saying the fiscal document provides funding for the ...

Members of the Organised Private Sector (OPS) have welcomed the inauguration of the Lekki Deep Seaport and Imota Rice Mill, Lagos. They described ...

The Nigeria Governors’ Forum (NGF) has set up a six- member committee to engage the Central Bank of Nigeria (CBN) to address anomalies ...

The Central Bank of Nigeria (CBN) on Thursday took its sensitisation campaign on the redesigned Naira notes to traditional rulers and markets in ...

Mrs Monilola Udoh, Permanent Secretary of the Federal Ministry of Science, Technology and Innovation (STI), has urged investors to invest and help commercialise ...

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 ...

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 ...

The Department of State Services has denied invading the office of the Governor of the Central Bank of Nigeria, Godwin Emefiele.  There were ...

The Nigerian National Petroleum Company Limited has announced the discovery of oil in Nasarawa State, saying it will spud the first oil well ...

Kwara State Governor Abdulrahman AbdulRazaq on Thursday launched the disbursement of N50,000 grant each for at least 4000 Kwara artisans to support their ...

President Muhammadu Buhari says that his administration will reposition the nation’s economy and improve on security across the nation before the end of ...

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 ...

The Nigeria Financial Intelligence Unit (NFIU) has warned the public and private entities against massive cash withdrawals. The Director and Chief Executive Officer ...

The Management of Kwara State Internal Revenue Service (KW-IRS) has reiterated the commitment to professionalism and transparency in the operations of the agency. ...

Kwara State Executive Council has approved the establishment of an industrial park at Eiyenkorin in Asa Local Government Area of the state as ...

Wema Bank Plc. has announced the appointment of Moruf Oseni, as the new Managing Director/ Chief Executive Officer of the Bank, subject to ...

President Muhammadu Buhari has assured the people of Kogi State that the Ajaokuta Steel Complex will be revived. The President gave the assurance ...

The organized labour in Kwara State has carpeted petroleum products marketers in the state for what it described as incessant hike in the ...

Polaris Bank has announced that the third draw of its ongoing Save and Win promo is scheduled to hold on Thursday December 29, ...

The Central Bank of Nigeria (CBN) has disclosed that over 6,000 bank verification numbers (BVN) of customers are under the watchlist for fraudulent ...

Polaris Bank has assured that customers and non-customers alike can shop seamlessly and carry out all their transactions via its alternate channels: VULTe, ...

Governor Seyi Makinde of Oyo State has signed the state’s 2023 Appropriation Bill, tagged “Budget of Sustainable Development” into law in Saki ,Oke ...

The Central Bank of Nigeria (CBN) has urged the National Assembly to support its implementation of transformational payments and financial industry initiatives in ...

Senate President, Ahmed Lawan said the National Assembly could not pass the 2023 budget on Thursday because it contained many obvious problems. Lawan, ...

The Federal Government, on Thursday engaged Steigler Services Ltd., to serve as an Independent Verification Agent (IVA) for the implementation of the Nigeria ...