Business
Globacom enters payment service banking space with MoneyMaster
October 10, 2022
Globacom enters payment service banking space with MoneyMaster
TELECOMS Globacom has launched a payment service bank unit, MoneyMaster PSB, to foster financial inclusion. In a statement on Friday,…
2023 Appropriation Bill: Budget padding may take toll on economy – Expert fears
October 10, 2022
2023 Appropriation Bill: Budget padding may take toll on economy – Expert fears
President Muhammadu Buhari had last week laid a total expenditure of 20.51 trillion Naira before the Joint Session of the…
Lagos to construct new airport in Lekki
October 7, 2022
Lagos to construct new airport in Lekki
The Lagos government says it is planning to construct a new airport in the Lekki-Epe axis of the state. Jubril…
Buhari: Petrol subsidy will end by 2023 — it’s unsustainable
October 7, 2022
Buhari: Petrol subsidy will end by 2023 — it’s unsustainable
President Muhammadu Buhari has affirmed that the costly petrol subsidy will end by 2023. Buhari said this on Friday during…
Buhari presents record N20.5trn 2023 budget to NASS
October 7, 2022
Buhari presents record N20.5trn 2023 budget to NASS
President Muhammadu Buhari has presented a record N20.51trillion 2023 appropriation bill to the National Assembly. The president made the presentation…
Trailer drivers block Abuja Lokoja highway over closure of Obajana cement plant
October 7, 2022
Trailer drivers block Abuja Lokoja highway over closure of Obajana cement plant
Trailer drivers on Friday afternoon blocked the popular Abuja – Lokoja highway in protest against the closure of Obajana Cement…
Naira appreciates slightly against dollar
September 29, 2022
Naira appreciates slightly against dollar
The Naira on Monday appreciated slightly against the dollar at the Investors and Exporters window, exchanging at 436. The rate…
eNaira: App download nears 1m, only 282,600 currently active
September 29, 2022
eNaira: App download nears 1m, only 282,600 currently active
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the eNaira application has so far recorded a total…
CBN raises CRR to 32.5%, to debit banks’ accounts, today
September 29, 2022
CBN raises CRR to 32.5%, to debit banks’ accounts, today
The Central Bank of Nigeria (CBN) has directed all commercial banks to fund their accounts by Thursday (today) to allow…
CBN raises interest rate to 15.5% to tame rising inflation
September 29, 2022
CBN raises interest rate to 15.5% to tame rising inflation
The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest…