January 27, 2023
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 »
January 24, 2023
Nigeria: Deadline Will Not Be Extended, CBN Warns Nigerians Holding Old Currency
For the umpteenth time, the Central Bank of Nigeria (CBN) has reiterated that the January 31 deadline to turn in the old naira notes will not be extended. Read more »
Nigeria: Old Naira Notes - Senate Urges CBN to Extend Deadline to July 31
The Senate on Tuesday appealed to the Central Bank of Nigeria (CNN) to extend the deadline for the exchange of old naira notes from the January 31 deadline to July 31, 2023. Read more »
Nigeria: CBN Raises MPR to 17.5%
*Insists January 31 deadline for return of old naira notes stands Read more »
Nigeria: Osun Residents Lament Scarcity of New Naira Notes, Seek Extension of Deadline
-No going back on deadline, CBN reiterates Read more »
Nigeria: Board Chair - NNPC Fails to Stop Ararume's N100bn Case Against Unlawful Removal
The Nigeria National Petroleum Company Limited (NNPCL) yesterday failed to halt hearing in a N100 billion suit instituted against President Muhammadu Buhari over the alleged… Read more »
Nigeria: 76% of SMEs Use Intermediaries in Interfacing With SON - Report
A perception survey conducted by the Lagos Chamber of Commerce & Industry (LCCI) and the Center for International Private Enterprise (CIPE) has shown that about 76 per cent of… Read more »
Nigeria: Airlines Suffer Huge Losses After 14-Hour NAHCO Workers' Strike
Flight operations by domestic and international airlines serviced by the Nigerian Aviation Handling Company Plc (NAHCO) resumed after the workers called off their 14 hours strike… Read more »
Nigeria: Opportunity Abounds for Sustainable Growth in Leasing Industry in 2023 - Report
The Equipment Leasing Association of Nigeria (ELAN) has projected that the leasing industry in Nigeria would abound in 2023 that would enable the leasing industry to continue on… Read more »
January 23, 2023
Nigeria: CBN Harps On Adoption of Digital Banking Channels, Moves Against Banks Loading Old Notes
With seven days to the January 31, 2023 deadline for the phasing out of the old N200, N500 and N1, 000 banknotes, the Central Bank of Nigeria (CBN) at the weekend reiterated the… Read more »