CBN unveils Africa-led domestic card, AfriGO
Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has unveiled an African Central Bank-led National Domestic Card Scheme (AfriGO)...
Discos failed to utilise 1,070.36MW in one week – FG
Power distribution companies failed to utilize a total of 1,070.36 megawatts of electricity in one week amidst the blackout being witnessed across the country,...
Duty hike: Used car import declines by 40%
The Ports & Terminal Multipurpose Limited Command of the Nigeria Customs Service on Tuesday lamented the decline in imported vehicles by 40 per cent...
Redesigned naira: Avoid long queues, patronise Pos, bank agents — CBN
The CBN has urged all bank customers to patronise bank agents and Point Of Sale, PoS, operators instead of waiting in long queues at...
Lagos, Ondo seek investment from Russian businesses, Nigerians in diaspora
The Lagos and Ondo State governments have urged Russian businesses and Nigerians in the diaspora to invest in promising sectors of the country to...
‘CBN has supplied new naira notes to commercial banks’ — Emefiele
The Central Bank of Nigeria (CBN) has revealed that there is no scarcity of new naira notes, noting that it has supplied commercial banks...
Nigeria to generate $500 million from cashew exports in 2023
Mohammed Abubakar, Minister of Agriculture and Rural Development, says cashew nuts export from Nigeria generated over $250 million in 2022, and it is expected...
Reps order security agencies to go after marketers responsible for fuel scarcity
The House of Representatives has ordered security agencies to go after marketers responsible for the current fuel scarcity.
The lawmakers tasked relevant security agencies to...
Bolt, Uber drivers officially form trade union
Bolt, Uber drivers have officially formed a union as the federal government presented a letter of approval of registration to the Amalgamated Union of...
NIMASA tasks banks on guidelines for disbursement of Cabotage Fund
The Nigerian Maritime Administration and Safety Agency (NIMASA) has issued a 72-hour ultimatum to the Primary Lending Institutions (PLIs), to release modalities for the...
