To encourage more innovations in the payment system, the Central Bank of Nigeria, is putting in place a Collateral Management Regime to regulate the activities of Fintech firms and startups …
N7.9 trillion pieces of naira notes in circulation are dirty, mutilated, unfit for Automated Teller Machines (ATMs) and over-the-counter payments, the Central Bank of Nigeria (CBN) has said. A statement …
File photo The Electricity Generation Companies (GenCos) at the weekend said the country loses $29.3billion yearly to low supply resulting from load shedding and inadequate facilities. The Executive Secretary, Association …
Muhammadu Buhari The Nigeria Labour Congress (NLC) has urged President Muhammadu Buhari to declare a state of emergency in the power sector and take steps to halt the drift and …
Ebonyi State Governor, David Umahi The African Development Bank Group has approved a $70m loan for a road project in Ebonyi State. The bank said in a statement on Friday that …
Group Managing Director, Nigerian National Petroleum Corporation, Mr. Maikanti Baru. The Group Managing Director, Nigerian National Petroleum Corporation, Dr Maikanti Baru, says the corporation plans to bridge the gap of …
Guinness Nigeria Plc yesterday announced its unaudited results for its third quarter period ended 31st March, 2019 which showed that its net profit after tax stood at N4.25 billion. The …
The Trade Union Congress of Nigeria (TUC) has said the new N30,000 minimum wage will give workers a sense of belonging. In a statement TUC commended President Muhammadu Buhari for …
The National Bureau of Statistics (NBS) said Akwa Ibom reported the highest unemployment rate of 37.7 per cent in third quarter 2018. NBS said this in its Labour Force Statistics …
Africa has the potential to become a net exporter of agricultural commodities, replacing imports worth more than 110 billion dollars. The African Development Bank (AfDB) said this in a statement …
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