Central Bank of Nigeria has withdrawn the operating licenses of 42 Microfinance Banks (MfBs), and the affected Microfinance banks have been shut down. As a result...
Executive Vice Chairman, Nigerian Communications Commission, NCC, PROF. Umar Danbatta, has said that the Commission paid N362.34 billion into the federation account in the last five...
Innovative and customer-friendly telecommunication company 9mobile today announced the launch of its intelligent portal for instant verification to help its customers link their SIM cards with...
The Director-General, SMEDAN, Dikko Radda Small and Medium Enterprise Development Agency of Nigeria has said that discussions are on with the Central Bank of Nigeria to establish...
The Federal Government, States and Local Government Councils shared the sum of N601.110 billion as federation allocation for November. Mr Aliyu Ahmed, Permanent Secretary, Ministry of...
The Honourable Minister of Finance, Budget and National Planning, Zainab Ahmed has reported that the balances of the Excess Crude Account (ECA) amounts to $72,410,574.08 as at...
The Senate on Thursday at plenary passed the 2021-2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The passage of the document was sequel...
The Managing Director, China Civil Engineering Construction Corporation Nigeria Ltd., Mr Han Shuang, has said that the total investment of his firm in Nigeria is above...
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the success of African Continental Free Trade Area (AfCFTA) will rely heavily on the financial services industry’s...
Afrexim bank has said that Global trade expected to contract by 9.2% this year, having fallen by 2.9% in 2019 saying that Africa’s share of global...
Some tax payers within the North West Zone, comprising the states of Kaduna, Kebbi, Kano, Katsina, Jigawa, Sokoto and Kano have availed themselves of the service...
Our Federal Government has gone mad again. It is difficult to draw any other conclusion upon news of the inexplicable FG order to telecom operators to block...
That money can be generated from running a blog is no longer newsworthy. You must have heard several stories of individuals who have experienced significant economic...
Nigeria’s inflation rate rose steadily to 14.89% (year-on-year) in November 2020, which is 0.66% points higher than the rate recorded in October 2020 (14.23%) according to...
The sum of $1.46 billion capital came into the Nigerian economy in the third quarter of 2020 (Q3 2020), as against $1.29 billion received in the...