E-naira wallet will address scarcity of cash – Emefele’s aide
Mrs Mary Fasheitan, the Special Assistant on Payment to the Governor of the Central Bank, says that usage of the digital...
Business
Cooking gas prices soared by 24.05% in one year – NBS
The National Bureau of Statistics (NBS), says the average price of 5kg of cooking gas increased from N3,708.58 in February...
Insurance companies’ clients claim N318bn in Q4 2022 — NAICOM
The insured claimed N318.2 billion from insurance corporations in the last quarter of 2022. The National Insurance Commission, NAICOM, an...
Naira crunch: Reps want an overhaul of banking online systems
The House of Representatives has urged the Central Bank of Nigeria (CBN) to direct commercial banks to overhaul the existing...
Check cash mop up by POS operators, artisans appeal to govt
A cross section of artisans in Awka, Anambra capital, have called on state and the Federal Governments to check the...
Cashless policy: Egg farmers laments loss of over N30B revenue
The Poultry Farmers Association of Nigeria, PFAN, disclosed its members had forfeited more than N30 billion eggs due to the...
Investors’ continued profit-taking pushes market capitalisation down by N313bn
The equity market extended its losing streak for the fifth successive session as the market capitalisation decreased by N313 billion...
Business vendors pleased with CBN’s submission to Court’s judgment
Traders in Benin have conveyed happiness over CBN’s compliance with the Supreme Court judgment that the old N500 and N1,000...
Business owners, merchants disobey CBN, reject old N500, N1000 in Abuja
Business owners, traders and transporters in the Federal Capital Territory, Abuja, are disobeying the Central Bank of Nigeria’s directive on...
Equities market recovers with 0.14% growth
The equities market on the Nigerian Exchange Ltd. (NGX) rebounded to open the week on Monday with a gain of...
Investors gain N88bn on Nigerian Exchange
Investors net worth on the Nigerian Exchange Ltd., (NGX) appreciated further by N146 billion on Thursday due to gains posted...
Stock market profits further by 0.24%
The Nigerian Equity market further maintained a bullish note with bargain buying on MTN Nigeria and other 16 stocks. Specifically,...
Soludo inaugurates seed processing factory
Gov. Chukwuma Soludo of Anambra on Tuesday inaugurated an export-based seeds processing plant, known as Panac Industries Ltd. The plant is...
BACCIMA begs FG to overturn ban on fairly used vehicles
The Badagry Chambers of Commerce Industry Mine and Agriculture (BACCIMA) has urged the Federal Government to reverse its policy on...
Anambra Commissioner Commissions Export-Based Processing Facility
By Julie Sylvia, Onitsha The Anambra State Commissioner for Industry, Hon. Obinna Ngonadi, Tuesday, at Panac Industries limited, Ogbunike, Oyi...
UK-Nigeria business number hits £5.5bn
Mr Ben Llewelyn-Jones, British Deputy High Commissioner in Lagos, says UK exports to Nigeria amounted to 3.3 billion pounds in...
Return Onwuetiaka as Ose Okwodu market boss, traders beg Soludo
…dismiss media report on confidence vote on Umeanozie By Polycarp Ifeanyi, Onitsha Traders of Ose Okwodu Market in Onitsha, the...
Naira: Food dealers, hawkers others endorse transfers to remain in business
Some food vendors and hawkers in Lagos State have resolved to accept bank transfers from their various customers not to...
Equity market drops by 0.12%
Transactions on the Nigerian Exchange Ltd.,(NGX) on Thursday ended on a negative note with market indices dropping by 0.12 per...
SmartSaver.ng: An Online Saving Bank And its Audacious Rise In Fintech
Let's face it, as an average Nigerian, life is far from comfortable. And savings has become an important, albeit underrated,...
