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See more as Nigeria’s foreign reserves rise to highest level in 2 years
The Central Bank of Nigeria has revealed that Nigeria's foreign reserves are now above the $40 billion mark The increase will ...
businessday13h
Nigeria’s imports jump 81% in six years on refined petroleum- WTO
Nigeria’s import levels surged 80.65 percent in six years, rising from $31 billion in 2017 to $56 billion in 2023, according ...
BellaNaija7h
Cash Struggles: Nigerians Debate the Role of POS Agents in Everyday Banking
When was the last time you walked up to an ATM, put in your card, and actually got cash? Been a while, right? Maybe months ...
This Day5h
Ondo Decides: INEC Distributes Sensitive Materials Ahead of Saturday’s Poll
The Independent National Electoral Commission (INEC) in Ondo State, on Thursday, distributed sensitive materials ahead of the ...
newtelegraphng22h
Nigeria’s Imports Rise By 81% In Six Years – WTO
“In 2023, the Central Bank of Nigeria (CBN) also removed restrictions on the use of FX for the import of 43 groups of ...
Nairametrics4d
Nigeria’s fiscal deficit surpasses budget projections, reaches 7.6% of GDP
Nigeria’s fiscal deficit continues to swell, with recent figures showing a budget deficit of 7.6% of GDP as of August ...
Nairametrics22h
Multichoice Group writes off N31.6 billion in Nigeria’s liquidated Heritage Bank
“Following the revocation of Heritage Bank’s banking licence by the Central Bank of Nigeria on 3 June 2024 and its subsequent liquidation, the group wrote-off its receivable relating to the cash held ...
Daily Post Nigeria on MSN3d
NDIC begins sale of Heritage Bank assets
The Nigeria Deposit Insurance Corporation, NDIC, has commenced a national auction of landed properties and physical assets ...
business8h
Central Bank Digital Currency in Africa – implications for cross-border business transactions
By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...