Petrol Price Increases by 42.63% a Litre in One Year – NBS
Justice Godfrey Okamgba National Bureau of Statistics (NBS), said on Monday, that the average retail price of a litre of petrol…
CBN
Nigerian Banks: Jobs, Age and Certificate Discriminations
Nigeria’s high unemployment rate is alarmingly rising and is projected to hit 40 percent before the end of…
FG Okays N3.4 billion for Customs to Procure Aircraft
The Nigeria Customs Service has been given permission by the Federal Government to spend N3.4 billion on an…
After Shutting Down Operations, Paxful CEO Resigns
Ray Youssef, the CEO of the popular peer-to-peer cryptocurrency exchange, Paxful, announced his resignation from the company. On…
Scarcity of New Naira Notes Sends Mixed Signals amid CBN’s 31st Dec. Deadline
The low circulation of the new naira notes (N200, N500, N1000) in the country is sending a mixed…
Finance Minister Explains how Nigeria Intends to Disburse $800m Palliative
In a move aimed at ameliorate the pains that will come with removal of fuel subsidy after June,…
CBN says Unclaimed Monies in Dormant Accounts to be Invested in T-Bills
The Central Bank of Nigeria is proposing to mop up funds in accounts that have been dormant for…
Revisiting CBN’s Proposed Cryptocurrency Regulation
The Central Bank of Nigeria (CBN) is yet to release a documented regulatory framework for cryptocurrency after it…
Finance Guru Outlines Strategies to be Smarter with Money in 2023
Financial freedom is characterized by having enough money and resources to cover all of one’s expenses and meet…
Digital Lenders Restricted to Access Customers’ Contact, Photos
More measures to ensure privacy have been put in place to ensure that digital lenders, otherwise known as…
[REPORT] Naira Lost 10.2% Value in 2022
Rising food and fuel prices created significant inflation in the country in 2022, causing the Naira, Nigeria’s currency,…
Nigeria’s Debt Service Costs N3.63tr in 2022
In 2022, the Nigerian government spent N3.63 trillion servicing its external and domestic debts. This is based on…
Subsidy: FG Secures $800M World Bank Facility for Palliatives
The World Bank has given the Nigerian government $800 million to set up a comprehensive palliative scheme for…
World Bank Bemoans Poor Infrastructure, says ‘Nigeria is on Debt Servicing
According to the World Bank, Nigeria’s major challenge is that it spends all of its revenues on debt…
Again, CBN Urge Nigerians to Adopt other Payment Channels
According to the Central Bank of Nigeria (CBN), the Nigerian payment system infrastructure is strong enough to handle…