Nigeria’s Central Bank governor, Mr. Godwin Emefiele, has hinted that the country was considering allowing digital currency, noting that it will “come to Nigeria.” The the...
The Director General of World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has called on Africa’s global partners to consider restructuring debt owed by the continent to...
Adebayo Obajemu The Central Bank of Nigeria (CBN) on Monday, May 24, 2021 published new license requirements for Payment System operators in the country. This disclosure...
The Nigerian National Petroleum Corporation (NNPC) says it has signed a deal with some oil majors that could unlock over $10 billion investment in an offshore...
OBINNA EZUGWU The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday, voted unanimously to retain Monetary Policy Rate (MPR) at 11.5...
The Accountant General of the Federation, Mr. Ahmed Idris has said the £4.2m ‘looted’ by ex-governor of the state, James Ibori, has since been transmitted to...
BY EMEKA EJERE The federal government plans to review Nigeria’s Industrial Revolution Plan (NIRP) to reflect economic realities towards the implementation of the African Continental Free...
BY EMEKA EJERE Data from the Central Bank of Nigeria (CBN) showed that foreign portfolio investments (FPIs) in Nigeria recorded a 77.4% year-on-year decline in the...
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has officially devalued the naira by 7.6 percent by adopting the Nafex rate as the government’s official...
