Nigeria
CBN spends N75bn to print banknotes in 2019
The Central Bank of Nigeria, CBN, said it spent N75 billion Naira to print banknotes in 2019. This represents N11.5 billion Naira or ...
Nigeria
CBN, NNPC Adopt Service Performance Evaluation Model
The Central Bank of Nigeria (CBN) has successfully implemented the Performance Management System (PMS) to boost workers’ productivity and enhance its operations. The ...
Nigeria
Power Deal: Siemens Pledges to End Electricity Theft with New Technology
The new power supply deal between Nigeria and Siemens AG, will see the German company deploy modern technology that will end the incessant ...
Nigeria
Naira crashes 108% against CFA
The naira has fallen by 108 per cent against the West African CFA (popularly known as CFA) in the past five years as ...
Opinions
How N17bn USSD Debt Threatens Financial Inclusion Drive
The Federal Government’s drive to get more than half of Nigeria’s population to have bank accounts or at least contribute to financial flow ...
Nigeria
CBN Revamps Economic Report Format
The Central Bank of Nigeria (CBN) has enhanced the reporting format and presentation of its periodic economic reports. The latest report released by ...
Nigeria
Our mobile app, not yet approved for public consumption – NIMC
The National Identity Management Commission, NIMC, has said it’s mobile app is yet to be approved for public consumption. Disclosing this in a ...
Nigeria
NNPC Upbeat Over Proposed $2.3bn Domestic Gas Market
The Nigerian National Petroleum Corporation (NNPC) is optimistic about the future of a proposed $2.3billion domestic gas market as well as plans to ...
Nigeria
FG moves to Harmonize National Identity Card scheme with digital ID
The Federal Government has taken steps to effectively align the National ID plastic cards printed by the National Identity Management Commission (NIMC) with ...
Nigeria
Fitch forecasts that banks’ earnings will be hit hard by CBN’s CRR policy, others
The Foremost International Rating Firm, Fitch Ratings, has forecast that punitive policies by the Central Bank of Nigeria (CBN), especially the Cash Reserve ...
