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Naira redesign: Gumi says kidnappers will demand ransom in dollars
CONTROVERSIAL Islamic cleric Ahmad Gumi has expressed concerns over the Central Bank of Nigeria’s (CBN) plan to redesign the naira,...
Central Bank of Nigeria Celebrates One Year of eNaira Despite Slow Uptake
As the Central Bank of Nigeria celebrates one year since the launch of its CBDC, we look at its success and...
N1.4bn Fraud: EFCC Arrests Kogi Assembly Candidate With N326m, $610,500 Cash
The EFCC on November 1, 2022, said it arrested a Kogi House of Assembly candidate with wads of cash suspected...
Nigerian govt receives zero bid for Port-Harcourt Airport, unveils bidders towards privitisation
The Federal Government has revealed that no company made a bid for Port-Harcourt Airport as concession towards the privitisation of...
Decision to redesign naira positive for economy – Experts
Some financial experts have commended the Central Bank of Nigeria (CBN) for its decision to redesign the naira, saying that...
Nigeria, powerhouse for African agro-industrialisation – IFAD
The International Fund for Agricultural Development (IFAD) has identified Nigeria as the powerhouse for agro-industrilisation in Africa. Ms Katherine Meighan,...
Kogi State Lost N170bn By Not Acquiring 5% Of Dangote Cement
Some twelve years ago in 2010, there was fanfare and excitement in Nigeria’s financial markets following the listing on the...
2023 Budget: Defence, Education, Health Gulp N8.1trn, As FG Allocates 5% To Infrastructure
…Spends N9.56trn on 2022 budget in 8 months Subject to approval of the National Assembly, the federal government would be...
Bearish Trend Continues As Equities Lose N571bn
Losses closed proceedings in the Nigerian equities market yesterday as sell pressure on Airtel Africa Plc and 16 others dragged...
Nigeria’s hunger level ‘serious,’ ranks 103 out of 121 countries
Every minute, more than six Nigerians enter the extreme poverty bracket as the number of poor persons in the country...
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