Economy

USSD: Banks vows to resist MTN’s 2.5% vending commission

Nigerian commercial banks have berated MTN for drastically cutting down its vending commission from…

Naira gains on black market, falls on Nafex window

Data posted on abokiFX.com, a website that collates parallel market rates in Lagos showed…

FG justifies $100 charges, others imposed on Nigerians in diaspora

FG justifies $100 charges, others imposed on Nigerians in diaspora Charges and levies imposed…

CBN pegs monetary policy rate at 11.5%

The Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5% at…

Banks, not Nigerians banned from trading cryptocurrencies – CBN

Godwin Emefiele, the Governor of the Central bank of Nigeria, has reportedly clarified the…

Dangote’s world biggest fertilizer plant to begin production next week

The world's biggest fertilizer plant belonging to Africa's richest man, Aliko Dangote, will begin…

Cooking gas prices skyrocket in February — NBS

The National Bureau of Statistics on Saturday announced that Nigerians were made to cough…

JUST IN: Flutterwave partners US payments giant PayPal

Nigeria's payment technology company, Flutterwave, has announced a partnership deal with United States payments…

Nigeria’s debt hits N32.9tn in December – DMO

The Debt Management Office on Monday disclosed that Nigeria’s total public debt has soared…

Lagos responsible for 60% of building collapse in Nigeria, says institute

The Nigerian Institute of Building on Monday says Lagos State accounts for 60 per…

23.19 million Nigerians jobless as unemployment rate hits 33.3% – NBS

The country’s unemployment rate has risen from 27.1 per cent in the second quarter…

Nigerians attack Sanwo-Olu over Flutterwave’s $170m deal

Lagos State Governor, Babajide Sanwo-Olu has come under heavy criticism from Nigerians on social…

Payments company Flutterwave’s value hits N381b after $170m Series C funding

Nigeria's payment technology company, Flutterwave, is now valued at over $1 billion (N381,250,000) after…

Fuel queues spread over looming price hike

The queues for petrol grew worse in some parts of the country on Sunday…

Nigeria begins documentation of onion exports

Onion Producers and Marketers Association of Nigeria has inaugurated documented onion exports through the…