Economy
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CBN records N8bn transaction on eNaira platform
The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, said the digital currency, eNaira, has recorded N8billion transactions in its…
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Northern group faults CBN move to redesign naira notes
The Concerned Northern Forum, on Wednesday, in Kaduna State, frowned at the decision of the Central Bank Governor, to redesign…
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BREAKING: CBN to launch new Naira notes December
The Central Bank of Nigeria (CBN) has announced the launch of new naira notes of N200, N500 and N1,000 before…
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Nigeria’ll remain poverty capital till 2050, experts warn
A non-governmental organization Nextier, has predicted that if business continues as usual, Nigeria will fail to achieve its development goals…
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CBN set to make Nigeria predominantly cashless economy
The Central Bank of Nigeria (CBN) said on Tuesday in Lagos that it would take decisive steps to ensure that…
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CBN marks first anniversary of eNaira
The Central Bank of Nigeria (CBN) has unveiled a programme of events to commemorate the first anniversary of the launch…
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Nigeria’s economy under verge of collapse after 2023 elections – REC
Independent National Electoral Commission (INEC) Resident Electoral Commissioner (REC) in Akwa Ibom State, Dr. Cyril Omorogbe, has warned that the…
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FG plans more taxes to reduce Nigeria’s debt burden
The Minister of Finance, Budget and National Planning, Zainab Ahmed on Tuesday insisted that only the collection of more taxes…
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Panic as new ranking places Nigeria 103 out of 121 countries in Global Hunger Index
Nigeria has been ranked 103 out of 121 countries in the 2022 Global Hunger Index, a position that signifies the…
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Food prices soars to an all time high as inflation rate hits 17-year high of 20.8%
For the first time in 17 years, Nigeria’s inflation rate rose to 20.8 percent as a result of soaring food…
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