As reactions continue to mount following the announcement by the Central Bank of Nigeria (CBN) on cashless policy, the apex bank has given more insight into the mode of operation on the policy. With fears and tension, which apparently, was as a result of
By Timothy Nwachukwu The erstwhile deputy Governor of IMO State, His Excellency Prince Eze Madumere has called on the Minister of finance and the governor of the Central Bank of Nigeria to increase lending to small and medium enterprises as they are the
By Dulue Mbachu The World Bank and Nigeria are in talks for as much as $2.5 billion in a new tranche of concessionary lending to Africa’s most populous country, Vice-President for Africa Hafez Ghanem said. In the past year Nigeria received $2.4 billion
There has been consistent effort of President Muhammadu Buhari led administration towards achieving stable power supply in the country so as to stimulate development in every facets of the economy. Recently, President Buhari among his team had also signed a deal with
By Olu Fasan Recently, President Muhammadu Buhari, through his Chief of Staff, Abba Kyari, queried the chairman of the Federal Inland Revenue Service, Dr. Tunde Fowler, for failing to collect enough taxes. In a letter dated August 8, Abba Kyari asked Fowler
The Chief Executive Officer of Air Peace Airline, Mr Allen Onyema, has explained why the company is offering free service in the evacuation of Nigerians in the wake of xenophobic attacks in South Africa. Onyema told Channels Television in an interview on Tuesday
Yinka Sanni, Chief Executive, Stanbic IBTC Holdings Plc, has assured Nigerians that the Bank remains strong, stable and sustainable in its operations. Stanbic IBTC Holdings Plc posted a profit of N36 billion for the half-year, which ended June 30, 2019 and rewarded shareholders
ECOWAS Parliament faults closure of Nigeria’s borders, demands reversal The recent closure of the Nigerian borders with West African neighbours might hamper the implementation of the free trade movement within the sub-region of the Economic Community of West African States (ECOWAS), officials said.
By Nurudeen Lawal – The Central Bank of Nigeria (CBN) has announced that the nationwide implementation of the cashless policy will begin by March 31, 2020. The apex bank made this known in a circular to all Deposit Money Banks (DMBs) in the
President Muhammadu Buhari has dissolved the Economic Management Team led by the Vice President, Yemi Osinbajo. To avoid vacuum, he also constituted Economic Advisory Council. The advisory council will report directly to him on economic issues. Former Governor of Central Bank of Nigeria,
Cast My Brand, a leader in innovative vehicle branding, has announced the launch of its
A German Development Agency, Deutsche Gesellschaft für Internationale Zusammenarbeit (German for German Agency for International
Nigeria’s heartless President,Bola Ahmed Tinubu finally released all the 114 #EndBadGovernance protesters (minors and adults)
United States based Scientist and Business Woman, Princess Angela Obasi has joined other well meaning