CBN Begins Implementation Of National Domestic Scheme January 16, To Unify Payments In Nigeria
The Central Bank of Nigeria is poised to begin the rollout of the National Domestic Card Scheme. The card scheme…
Petrol Price To Hit Single Digit- IES… Diesel To Drop To GHC11
The Institute for Energy Security (IES) has predicted a drop in prices of petroleum products close to it former prices…
Banks Reconfigure ATMs As New Naira Notes Enters Circulation Today
The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to…
Ghana Cedi Bounces Back, Becomes World’s Best-Performing Currency
The Ghana cedi has bounced back as the world’s best-performing currency after a streak of depreciations Among 150 currencies tracked…
3 Easy Steps To Write A Job Description
It is important to have job descriptions despite the size of your business. I can’t tell you how often I’ve…
NESG, marketers fear crisis as fuel subsidy gulps N2.04tn
The Nigerian Economic Summit Group and oil marketers, under the aegis of the Petroleum Retail Outlet Owners Association of Nigeria,…
‘It has no nutrition’ — FG to ban ‘ponmo’ to revive leather industry
The federal government says it is proposing legislation to ban the consumption of animal skin, locally known as ponmo, in…
FG secures pipelines with N12.43bn, pays IOCs $4bn
The Federal Government has so far paid $4.04bn to five international oil companies as cash call arrears repayment and has…
Nigeria’s inflation hits 20.52% in August
The National Bureau of Statistics on Thursday said Nigeria‘s headline inflation climbed to a new high of 20.52 per cent…
FG loses 13.21m-barrels oil worth N603.64bn in 2022
The Nigeria Upstream and Downstream Petroleum Regulatory Commission’s monthly reports show that Nigeria lost a huge amount of revenue as…
CBN defends naira with $7.6bn in five months
The Central Bank of Nigeria injected $7.6bn into the economy to stabilise the value of the naira in five months.…
Ogun govt bags award for cargo airport design
The Ogun State Government has received a Special Award for Concept and Design of the state airport at the Aviation…
Anchor Borrowers Programme: Central Bank of Nigeria to give more support to Ogun state farmers
The Central Bank of Nigeria (CBN) has declared its readiness to give more support to members of the Ogun State…
Uncertainty as dollar spending limit, suspension of virtual cards ground businesses in Nigeria
Over the past month, Nigeria’s commercial banks declared reduced limits on international transactions using naira debit cards to $20 per…
FG pays foreign firm $496m for contract violation
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami has disclosed that the Federal Government has settled a…
NASS pledges budgetary support to boost wheat production
Nigeria’s National Assembly has expressed readiness to provide budgetary support that will enable the country to achieve significant increase in…
FG projects N120tn as three-year consumption expenditure
The Federal Government has projected an average of N120tn as consumption expenditure by Nigerians on which value-added tax will be…
Nigerians Consume N599.11billion Worth Of Beer In Six Months – Report
Reports of four major beer brewers in Nigeria have shown that Nigerians consumed N599.11billion worth of beer within the first…
Aviation crisis: Airlines cut workforce, Dana mulls resumption
Domestic airlines have continued to cut down on their workforce as the crisis in Nigeria’s aviation industry lingers, it was…
Customs impounds 3,154 bags of rice, 18,100 litres of PMS in Ogun
The Ogun 1 Area Command of the Nigeria Customs Service (NCS) disclosed that its seized no fewer than 3,154 bags…