Economy

Identification: CBN directs banks, others, to accept travel documents, refugee ID card

The Central Bank of Nigeria (CBN) has directed commercial banks and other financial institutions…

AfCFTA: Action committee to embark on a nationwide awareness tour

The National Action Committee on African Continental Free Trade Agreement (AfCFTA) is to begin…

Why we banned cryptocurrencies – CBN

Transactions in cryptocurrencies are largely speculative, volatile and should be discouraged, the Central Bank…

NNPC posts ₦13.43bn for crude oil, gas export sales in November

The Nigerian National Petroleum Corporation (NNPC) has said that it achieved a trading surplus…

Cryptocurrencies unregulated, prone to financial crimes – CBN

Following reactions trailing a recent Central Bank of Nigeria (CBN) directive to Deposit Money…

PiggyVest dumps Providus for Wema Bank

Fintech company, PiggyVest, have announced their split from Providus Bank to Wema Bank after…

Nigerians react as CBN orders closure of accounts transacting in cryptocurrency

Nigerians have taken to Twitter to react to the Central Bank of Nigeria's order…

Customs hands over 4,907 cartons of expired sweet, chocolates to NAFDAC

The Nigeria Customs Service (NCS) has handed over 4,907 cartons of seized expired sweets…

Tougher times await rice smugglers, traders – Customs

Rice smugglers and marketers of smuggled rice should prepare for tougher times ahead, the…

FG’s Cash Transfer Scheme boosts small businesses, nutrition in Sokoto– Beneficiaries

Beneficiaries of Federal Government’s Cash Transfer Scheme in Sokoto communities say the N5,000 monthly…

Fidelity Bank launches Pay Yourself for salary earners

Fidelity Bank Plc on Friday launched its ‘Pay Yourself’ product for customers whose salaries…

NNPC records 92% increase in sales of petroleum products in October

The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum…

17 ships discharge petroleum products, other items at Lagos port

The Nigerian Ports Authority (NPA) said 17 ships at the Lagos ports were discharging…

Afreximbank disburses $250m to Nigerian company to acquire 45% stake in oil lease

Afreximbank has disbursed $250m as part of its support for Trans Niger Oil and…

CBN disburses N554bn to 2m farmers to boost food security

The CBN says it has disbursed N554.61 billion to 2, 849,490 farmers to boost…