Economy
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Nigeria failed to achieve poverty reduction target in 2022 – World Bank
The World Bank Group has said that the estimated per capita income growth of 0.7 per cent for Nigeria and…
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Naira Redesign: We ordered for 500m pieces of new notes — CBN
The Deputy Governor of the Central Bank of Nigeria in charge of Financial Stability, Aisha Ahmad on Thursday said the…
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Cash withdrawal limits not anti-people, CBN insists as Reps carpets Emefiele
The Central Bank of Nigeria (CBN) on Thursday defended the cash withdrawal limits policy, insisting that it was not targeted…
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BREAKING: CBN bows to pressure, increases weekly cash withdrawal limit for individuals to N500k
The Central Bank of Nigeria (CBN) has increased the maximum weekly limit for cash withdrawals across all channels by individuals…
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Cash Limits: Banks adamant as Reps order CBN to stay action
House of Representatives on Tuesday insisted that the Central Bank of Nigeria must not proceed with its cash withdrawal policy.…
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Customs frustrating $3.1bn modernisation project, investors tell court
A Federal High Court sitting in Abuja has been told of how the Comptroller-General of the Nigeria Customs Service, Col…
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Naira redesign will have negative impact on the poor, SMEs, World Bank warns
The World Bank has warned the newly redesigned naira which went into circulation last week may have negative effect on…
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Cash Withdrawal Limits: PoS operators give CBN ultimatum
The Association of Mobile Money and Bank Agents in Nigeria has expressed optimism that the Central Bank of Nigeria will…
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Finance Bill: Dangote, 7Up, 170 firms may lose N2.4tn tax waivers
At least 172 companies may not benefit from about N2.4tn tax waivers under the Pioneer Status Incentive and other tax…
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BREAKING: Fake new Naira notes flood market few days after release
Few days after the Central Bank of Nigeria (CBN), released the redesigned naira notes in the denominations of N200, N500…
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