Business & Economy

CBN introduces a platform to advance finIn an effort to boost financial inclusion and promote financial literacy, the Central Bank of Nigeria unveiled SabiMONI on Monday. The CBN…
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Malam Hamzat Lawal, the Chief Executive Officer of Connected Development, has criticized and deemed unacceptable the Federal Government's continued payment of fuel subsidies. According…
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The Federal Government, through the Ministry of Mines and Steel Development, has opened a barite processing plant in Cross River State in an effort to restrict barite imports and…
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Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has urged risk professionals in the financial industry to broaden their risk management practices in the face of emerging…
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For the month of April 2023, Angola has surpassed Nigeria to take the top spot among African producers of crude oil. This is based on information from direct communication contained in…
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Contrary to the false rumors spreading that the Bank Verification Number (BVN) issued by the Bank in conjunction with the Nigeria Inter-Bank Settlement System (NIBSS) would expire after…
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According to the Central Bank of Nigeria (CBN), foreign banks' representative offices in Nigeria are not permitted to engage in various financial-related services, including those…
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Buhari is pleading with the Senate to grant his request for an 800 million dollar loan. On Wednesday, President Muhammadu Buhari pleaded with the Senate to grant a fresh request for a…
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Dr. Bashir Jamoh, the director general of the Nigerian Maritime Administration and Safety Agency, has urged Nigerians living abroad to make investments in the maritime industry of their…
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By linking funding to various investment opportunities, it might also encourage foreign direct investment in the host nation. The Central Bank of Nigeria issued this directive to set…
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