Bank customers displayed massive interest in the Central Bank of Nigeria’s (CBN) eNaira initiative downloading over 100,000 wallets in seven days. President Muhammadu Buhari had launched the eNaira on Monday the 25th of October 2021, making Nigeria the first African…
Analysts at FBNQuest Research have said supply side constraints, a combination of insecurity and conflict and distribution challenges continue to exert upward pressure on food inflation. These they said on Thursday undermined the Federal Government’s investment into the agriculture sector,…
Kayode Tokede with News Agency The Central Bank of Nigeria (CBN) on Thursday commenced a two-day public sensitisation on its newly launched digital currency, also known as eNaira and other initiatives in Abia. CBN Director, Corporate Communications, Mr. Osita Nwanusobi…
Dr Biodun Adedipe, Chief Consultant, B. Adedipe Associates Ltd., said the e-Naira introduced by the Central Bank of Nigeria (CBN) would not affect deposits of commercial banks. Adedipe said this at the National Business Extra fourth anniversary lecture/awards, on Thursday…
By Kayode Tokede Ecobank Nigeria has concluded arrangements to commission its new head office building, the Ecobank Pan-African Centre (EPAC). The ultra-modern edifice situated along Ozumba Mbadiwe Road on the highbrow Victoria Island, Lagos will be commissioned by the Executive…
By Kayode Tokede The Director General, World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala and Central bank of Nigeria (CBN), Deputy Governor, Economic Policy Directorate, Dr Kingsley Obiora are among the dignitaries to receive the Chartered Institute of Bankers of Nigeria…
By Kayode Tokede In a bid to ensure that entrepreneurial goals of the Nigerian youths are achieved, Heritage Bank Plc, Nigeria’s most innovative service banking provider, in collaboration with The Next Titan is set to further invest N15million on viable…
By Kayode Tokede Barely two days after launching its digital currency, the e-Naira, the Central Bank of Nigeria (CBN) has alerted the public of a fake e-Naira twitter handle. Director, Corporate Communication, CBN, Osita Nwanisobi in a statement on Wednesday…
Vice President, Yemi Osinbajo says value addition is an overriding component of achieving economic growth. Osinbajo expressed this view while featuring in a conversion session of the closing of the 27th Nigeria Economic Summit on Tuesday in Abuja. The theme of…
Nigeria loses about US$2.9 billion yearly to tax waivers granted to multinational companies, according to the Civil Society Legislative Advocacy Centre (CISLAC) indicated, on Tuesday in Abuja. Executive Director, CISLAC, Auwal Rafsanjani, made this known at the Pan African Conference…
