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Nigeria scores another first as Buhari unveils eNaira Digital Currency
President Muhammadu Buhari says the adoption of Central Bank Digital Currency (CBDC) can increase Nigeria’s Gross Domestic Product(GDP) by 29 billion dollars over the next 10 years. Buhari made this...
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Oyo promises to assist small-scale farmers with finance, other inputs
JOSEPH OKWUOFU, Ibadan Small scale farmers in the 33 local government areas of Oyo state may have cause to smile as the state government on Friday promised to support and integrate them into the...
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CBN releases guidelines for eNaira
The eNaira stock wallet belongs solely to the CBN and it shall warehouse all minted eNaira. Following the launch of the eNaira by President Muhammadu Buhari, the application for the digital currency...
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Compulsory vaccination: Don’t force workers to take COVID-19 vaccine, NLC...
Sylvester Akor Nigerian Labour Congress (NLC), Ayuba Wabba yesterday urged the federal government to use the tool of persuasion and conviction rather than force to get workers and the general...
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Nestle grows Q3 profit by 5%
Nestlé Nigeria Plc has posted a profit before tax (PBT) of N51.58 billion for the third quarter ended Sept. 30. This was contained in the company’s Unaudited Financial Statements sent to the Nigerian...
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E -payment: the CBN model
By Paulette Orjime Despite the fact that the adoption of an electronic payment (e-payment) system may have come with its challenges, the Central Bank of Nigeria (CBN) insists that Nigerians can reap...
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eNaira launch: Digital currency will boost Nigeria’s GDP by $29bn in 10 yrs...
.Celebrate our troops with pride, President urges Nigerians .’Foreign envoys should be guided by diplomatic practices in 2023 polls’ The adoption of the Central Bank Digital Currency (CBDC) and its...
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FirstBank reinforces support for Georgian Cup tournament
—– sponsors 102nd edition in Kaduna COMFORT EKELEME, BUSINESS EDITOR First Bank of Nigeria Limited said it is grabbing all the headlines and attention as the 102nd edition of the competition gets...
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FSI urges govt to use tech for unity, nation-building
Financial Services Innovators has called on the Nigerian government to embrace the language of technology to unite its citizens. The Executive Director, FSI, Mrs. Aituaz Kola-Oladejo, made the call at...
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NDIC assures depositors of over 97 % coverage
COMFORT EKELEME, Business Editor, Gombe The Nigeria Deposit Insurance Corporation (NDIC) has assured that above 97per cent of bank depositors would be fully covered by the corporation in the event...
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Nigeria loses $2.9bn yearly from tax incentives to multinationals, CISLAC
Nigeria loses about US$2.9 billion yearly to tax waivers granted to multinational companies, the Civil Society Legislative Advocacy Centre (CISLAC) indicated on Tuesday in Abuja. Executive...
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FG Commences Review Of Factories Act 2004
AKOR SYLVESTER-Abuja Federal Government has commenced the process of reviewing the obsolete subsidiary regulations of the Factories Act, 2004, to bring them up to date with international best...
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Long-term peace, stability depends on investing in humane policies, debt...
President Muhammadu Buhari Tuesday in Riyadh, Saudi Arabia, attributed growing social unrest to inequalities and unfair policies that exclude majority from opportunities for participation, admonishing...
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Beware of fraudsters, fake eNaira social media handles, CBN warns
COMFORT EKELEME, Business Editor Following the formal launch of the eNaira on Monday, the Central Bank of Nigeria (CBN) has warned Nigerians to beware of fraudsters and fake eNaira social media...
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We did not request for $200m mosquito nets loan― NPHCDA
AKOR SYLVESTER, Abuja The National Primary Health Care Development Agency (NPHCDA) yesterday denied requesting for $200 million loan for the importation and local production of mosquito nets in...
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Dangote, a driver of Industrialization in Africa-MAN
…Re-elects Mansur as President Given its massive investments in the Nigeria’s manufacturing sector, the Pan-African conglomerate, the Dangote Group has been described as a pillar of Nigeria’s...
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NGO distributes Medical Teaching Equipment worth millions of naira to Health...
Clement Nnachi ( abakaliki) USAID funded Non-Governmental Organization (NGO) named ‘Health Workforce Management Activity” on Tuesday donated Medical Teaching Equipment worth millions of naira to...
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Heritage Bank, Next Titan to sustain entrepreneur support with N15m
In a bid to ensure that entrepreneurial goals of the Nigerian youths are achieved, Heritage Bank Plc, Nigeria’s most innovative service banking provider, in collaboration with The Next Titan is set to...
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Cybercrime: NDIC tasks govt on effective response
-Urges Nigerians to desist from storing personal information on computers COMFORT EKELEME, Business Editor Following the rising rate of cybercrime globally, the Nigeria Deposit Insurance...
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Sterling Bank invests in proper waste management in 70% of states
COMFORT EKELEME Managing Director and Chief Executive Officer (MD/CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman has said the bank invested heavily in more than 70 per cent of the 36 states in the...
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