The Federal Government has budgeted an estimated N104 billion on purchasing generators, fueling and servicing them for Federal Ministries, Departments and Agencies. This is contained in...
Nigeria must produce locally and export the products to gain foreign exchange in order to strengthen the depreciating Naira, the President of Chartered Institute of Bankers...
FSD Africa, the UK Government’s flagship financial sector programme in Africa, is making an initial investment (£650,000) in a highly innovative digital solution connecting carbon credits...
The Nigeria Deposit Insurance Corporation (NDIC) has paid a total of N101.67 billion in uninsured sums to depositors of failed banks as of June 30, 2021,...
Nigeria’s importation of wheat costs about $2 billion annually, thereby exerting pressure on the country’s food import bill, the Central Bank of Nigeria has said. The...
The much-anticipated launch of Nigeria’s digital currency scheduled on Independence Day has been suspended, the Central Bank of Nigeria announced on Thursday. The suspension was announced...
Ahead of the official launch of e-naira on October 1, 2021, the Central Bank of Nigeria (CBN) has said the legal tender which equals to the...
AbokiFX has finally taken the decision to temporarily suspend rate updates on all their platforms, until it get better clarity of the situation with the Central...
The Central Bank of Nigeria (CBN) has appointed an international fintech firm, Bitt Inc., as the Technical Partner for its digital currency, dubbed eNaira, which would...
The Federal Government on Monday commenced the Batch C stream 1 of its N-Power programme, the Minister of Humanitarian Affairs, Disaster Management and Social Development has...