Federal Government debt now N24.52tn- CBN
The Central Bank of Nigeria has disclosed that the Federal Government’s debt as of March 31 stood at the N24.52tn (excluding the states and...
Moove, Uber partner to provide access to vehicle ownership in India
Moove, the African mobility fintech company, has announced expansion plans into India. The company was launched in 2020 by Ladi Delano and Jide Odunsi to provide commercial drivers...
Arabic inscriptions on Naira notes is for ease of trade- CBN
A Lagos-based lawyer, Chief Malcolm Omirhobo, has filed a suit before Justice Mohammed Liman, stating that having Arabic inscriptions on the naira notes portrays...
CBN Lifts Ban On 43 Items: The Full List
The Central Bank of Nigeria (CBN) has finally lifted the foreign exchange restrictions it placed on importers of 43 items eight years ago.
In a...
Oil, power firms owe banks N5.59tn- CBN
A sectoral analysis of banks’ credit by the Central Bank of Nigeria has revealed that energy firms in the country owe Nigerian banks a...
(Photo News)CBN/Bankers Committee Summit on Economy
Photo Caption: (left to right) Dr. Doyin Salami, Chairman Nigeria’s Economic Advisory Council, Mr. Ben Akabueze, Director General, Budget Office, Mrs. Nneka Onyeali-Ikpe, Managing...
N263.78tn worth of transactions recorded in Q2- NBS
The National Bureau of Statistics (NBS) has revealed that a total volume of 2,160,436,659 transactions valued at N263.78tn was recorded in the first six...
MAX, Yamaha partner to expand operations across the continent
Following their recent milestone of 100 million kilometers, Max has announced a partnership with Yamaha’s Nigerian subsidiary, Moto Business Service Nigeria (MBSN), to finance...
Dangote Sinotrucks, Lafarge and others enjoy tax relief
Dangote Sinotrucks West Africa, Lafarge Africa Plc and 35 other firms have been identified as companies currently enjoying Pioneer Status Incentive of the Federal...
FG Targets Nano Businesses In Presidential Grant Scheme
As part of Presidential Palliative Programme, the Federal Government has rolled out Presidential Conditional Grant Scheme, PCGS, to empower Nano businesses across the country.
The...