January 30, 2023
Nigeria: CBN Deploys 30,000 Agents Nationwide to Boost Cash Swap As Buhari Approves Deadline Extension
The Central Bank of Nigeria (CBN) has deployed 30,000 super agents nationwide to enhance its cash swap initiative in the hinterlands, rural areas and regions underserved by banks… Read more »
Nigeria: The Bane of Diesel Economy
The authorities must do more to generate enough energy to power the economy Read more »
Nigeria: Despite Challenges, Credit to Private Sector Rose By 19.7% to N41.80 Trillion in 2022
Despite severe macro economic challenges, credit to private sector increased to N41.80 trillion in 2022, representing an increase of 19.7 per cent or N 6.88 trillion Year-on-Year… Read more »
Nigeria: Many Benefits of Naira Redesign, Cashless Policy
In this piece, James Emejo x-rays the several opportunities that the Central Bank of Nigeria's currency redesign and cashless policy present to ordinary Nigerian and the economy in… Read more »
Nigeria: NUPRC Moves to End Inaccurate Accounting for Nigeria's Oil, Gas Production
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has ended a two-day workshop in Abuja on production determination, accounting and reconciliation for crude oil,… Read more »
Nigeria: Blue Line Rail Will Generate Its Own Electricity
Following the commissioning of the Lagos Blue Line rail by President Muhammadu Buhari, the Lagos State Commissioner for information, Gbenga Omotosho, has said the blue lines will… Read more »
January 29, 2023
Nigeria: Youths Protest Fuel Scarcity, Hike in Price, Demand Suspension of 2023 Polls
Nigerian Youth Congress for Peace and Development (NYCPD) on Sunday protested the persistent fuel scarcity across the country and the unbearable hike in price by the few… Read more »
January 27, 2023
Nigeria: Youth Group Backs CBN's Currency Redesign Policy
* Calls for an end to Emefiele's harassment Read more »
Nigeria: CBN Stops Dollar Charges On Domestic Card Transactions
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday declared that going forward, dollar charges on all domestic cards and online transactions would… Read more »
Nigeria: Nigeria Experiencing Significant Changes Due to Growth of Digital Economy - NITDA
The Director General of National Information Technology Development Agency (NITDA), Mallam Inuwa Abdullahi has said that, there is no longer any doubt that Nigeria is rapidly… Read more »
Africa: AfDB to Commit $10bn to Make Africa 'Breadbasket of the World'
The African Development Bank Group (AfDB) has said it would commit $10 billion over the next five years to boost Africa's efforts to end hunger and become a primary food provider… Read more »
January 26, 2023
Nigeria: Old Naira Notes - Lawmakers Threaten to Arrest CBN Governor, Bank CEOs
* Vow to invoke CBN Act to review deadline Read more »
Nigeria: Groups Caution Tinubu Against Condemning Buhari's Economic, Monetary Policies
The Ohanaeze Youths Movement and the Ethnic Youth Leaders across Nigeria have cautioned the presidential candidate of the All Progressives Congress (APC), Bola Tinubu, over his… Read more »
Nigeria: REA Creates 1,151 Jobs, Saves 249,193 Tonnes of Carbon Dioxide
The Chairman of Rural Electrification Agency (REA), Federal Ministry of Power, Danlami Mohammed Kurfi, has revealed that the agency's Nigeria Electrification Project (NEP) has… Read more »
Nigeria: Show Political Will, Commitment to Agriculture Transformation - Buhari to African Leaders
-Lauds AfDB, other partners' provision of $538.05m for Nigeria's agro-industrial processing zones Read more »
Nigeria: Petrol Scarcity, Naira Redesign Ploy to Sabotage My Victory in the Election - Tinubu
A new twist was yesterday added to the current fuel scarcity in the country and the decision of the Central Bank of Nigeria (CBN) to redesign the N200, N500 and 1,000 banknotes, as… Read more »
Nigeria: Again, Nigeria's Domain Name Users Increased From 181,275 in September to 183,169 in November 2022
For six consecutive months from June 2022 to November 2022, the Nigerian .ng domain name active users have continued to increase, a development that underscores the rising… Read more »
Nigeria: Naira Redesign - Nobody Will Be Harassed for Returning Old Banknotes, Emefiele Assures
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday said no one will be harassed by the anti-graft agencies for depositing the old naira notes… Read more »
January 25, 2023
Nigeria: E-Commerce Trends in Nigeria for 2023
The rise of digital commerce has given birth to new ways for e-commerce retailers to improve their businesses and deliver an exceptional customer experience. This is due to the… Read more »
Nigeria: Naira Gains Across All Markets As FX Reserves Rise
The Naira gained across investors and exporters (I&E) window and the parallel market with predictions by various analysts of the trend sustaining as foreign reserves records… Read more »
Nigeria: Govt Will Use 5G Technology to Tackle Insecurity - Pantami
Minister of Communications and Digital Economy, Isa Pantami, has said the federal government would use the 5G technology in tacking insecurity in the country. Pantami spoke Tuesday… Read more »
Nigeria: Govt Moves to End Nationwide Fuel Scarcity, Sets Up 14-Man Steering Committee
-Sylva directs marketers to stick to approved petrol prices Read more »
Nigeria: Buhari Takes Train Ride After Inaugurating Phase One of Lagos Blue Rail Line
President Muhammadu Buhari yesterday inaugurated the first phase of the Lagos Blue Rail Line, and took a ride from the Marina Station to National Theatre Station in Lagos mainland… Read more »
Nigeria: CBN Officials Monitor Cash Swap Policy Ahead of Deadline
-Youth groups back apex bank's stance Read more »
Nigeria: What Nigerians Expect From Insurance Operators in 2023
As insurance operators double efforts to realise their insurance penetration dreams, Ebere Nwoji reports that members of the insuring public expect much from the operators this… Read more »