The chairman of the BUA Group, AbdulSamad Rabiu, on Tuesday, visited President Bola Tinubu at the Presidential Villa in Abuja.
Browsing: ECONOMY
The Manufacturers Association of Nigeria (MAN) has raised the alarm that the Central Bank of Nigeria’s (CBN) decision to remove the ban on 43 items on foreign exchange restriction, will lead to a looming job crisis, insecurity, and outright collapse of the nation’s economy.
ASHENEWS reports that the Central Bank of Nigeria (CBN) says that the restriction placed on the importers of 43 items to purchase foreign exchange in the Nigerian FX market in 2015 has been lifted.
Amid global slowdown and political instability, growth in Sub-Saharan Africa (SSA) is expected to fall to 3.3 percent this year from 4.0 per cent recorded in 2022.
Moniepoint Inc, a leading digital financial service provider, has been listed among the top 100 Financial Technology (Fintech) companies in the sixth annual CB Insights’ Fintech 100 ranking.
Nigeria ranks 6th on the list of 37 countries with most unbanked population, according to the World of Statistics.
According to reports, some Nigerians have discovered that OPay accounts were opened in their names without prior registration
Nigeria’s National Economic Council (NEC) has assured that the $3 billion emergency loan secured by the Nigerian National Petroleum Company (NNPC) Limited in August, would be used to stabilize the Naira.
The Special Adviser to the President on Economic Affairs, Dr Tope Fasua, has called for a structural reform of Nigeria’s foreign exchange market.
The Senate has confirmed the nomination of Olayemi Cardoso as substantive Governor of the Central Bank of Nigeria (CBN).