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Business & Economy
King Charles’ Prince Trust to assist in Nigerian unemployment
In order to solve the serious global problem of youth unemployment, King Charles III of England founded The Prince's Trust International, a non-profit organization, which has its…
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I will reform financial system, ensure transparency – Tinubu
The nation's financial system needs reform, and President Bola Tinubu has stated he is working to make sure the budgetary process is transparent.
At the Lagos House, Marina, where he…
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Report: Banks increase e-banking revenue to N96 billion
The Central Bank of Nigeria's policy to redesign the naira has allowed not fewer than 12 Nigerian banks to profit from an increase in revenue from electronic banking.
The banks…
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Government, private security companies must cooperate – Arase
Collaboration between security agencies and their private counterparts will promote economic growth in Nigeria, according to Dr. Solomon Arase, Chairman of the Police Service…
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Delta Assembly approves government’s request for an N40bn loan
In order to pay off a backlog of pension arrears, Governor Sheriff Oborevwori requested permission from the Delta State House of Assembly to use an N40 billion credit facility.
Our…
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At CBN window, Naira trades for N763 per dollar
On the Investor & Exporter forex window, the naira strengthened by 0.68 percent against the US dollar.
On Tuesday, the local currency reached its closing rate of N763/$, down from…
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CBN limits transactions via contactless payments to N50,000 per day
The Central Bank of Nigeria (also known as the CBN) has imposed a daily cap of N50,000 on the amount of money that can be transferred contactlessly using bank accounts or digital…
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CBN orders banks to collect social media handles from customers
The Central Bank of Nigeria has ordered financial institutions to collect client information such as social media handles, email addresses, phone numbers, residential addresses, and…
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Operating writes to FG to demand border opens for importation of vehicles
Operating at the Seme Border, goods forwarders have written to the federal government to demand that the border be opened for the importation of vehicles.
In Seme, at a meeting between…
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CBN removes saving, withdrawal caps on domiciliary accounts
The restrictions placed on domestic accounts by the Central Bank of Nigeria have been removed.
The CBN said in a statement on Sunday that the new regulation allowed account holders to…
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