The Central Bank of Nigeria (CBN) has urged Nigerians to embrace alternative payment channels such as e-Naira, USSD and other internet banking facilities in line with its cashless policy.
Browsing: ECONOMY
The Board of Executive Directors of the World Bank Group, has announced that a U.S. national, Ajay Banga was the only nominee for the position of the next President of the bank.
The Debt Management Office (DMO) on Thursday, disclosed that Nigeria’s total public debt stock increased to N46.25 trillion (equivalent to $103.11 billion) as of December 2022.
The Ekiti Government has threatened to sanction filling stations that reject Point-of-Sale (POS) transactions owing to the current cash scarcity in the country.
Chinese e-commerce giant Alibaba on Tuesday announced that it would split into six smaller business units.
The Cadbury Nigeria Plc, a subsidiary of Mondelēz International, has recorded gross earnings of N55.21 billion for the full year ended December 31, 2022.
ASHENEWS reports that the Nigeria Labour Congress (NLC), and the Trade Union Congress (TUC) have announced the suspension of their planned nationwide protest scheduled to commence on Wednesday over the scarcity of Naira notes.
The domestic stock market on Nigeria Exchange Ltd. (NGX) continued on a negative note as the market capitalisation on Monday dropped by N622 billion amid sustained profit-taking activities.
The Central Bank of Nigeria (CBN) Deputy Governor (FSS), Mrs. Aishah Ahmad, has restated the apex bank’s commitment to close the gender gap in financial inclusion by addressing the digital gender gap through innovation and technology.
The Central Bank of Nigeria (CBN), has confirmed the evacuation of banknotes from its vaults to commercial banks across the country.