Online Transfers Hit N2.1trn in november 2022-NIBSS
Nigeria Inter-Bank Settlement System (NIBSS) data indicate that bank customers in Nigeria transferred a total...
Finance & Economy
Nigerian Diaspora Remittances In 2021 Hit $20bn Top Foreign Direct Investment—Buhari
Nigerians in the diaspora remitted more than $20 billion in 2021, President Muhammadu Buhari said...
Inflation Rate Surges To 17yrs High, At 21.47%, CPPE Says It Is A Depressing Story
The annual inflation rate in Nigeria rose for the 10th consecutive month to 21.47 per...
Senates Pleads With CBN To Make Upward Adjustments Of Planned Cash Withdraw Limits
Nigerian Senate has made a passionate appeal to Central Bank Of Nigeria to consider an...
Abuse Naira, Go To Jail, CBN Warns
The CBN warned in Abuja on Tuesday that those abusing the naira were liable to...
Falana, PoS Operators Threaten To Sue CBN Over Cash Withdrawal Limit
Human Right lawyer Mr Femi Falana, and operators of PoS (Point-of-Sale) machines, have threatened to...
Nigeria Spends N1.17trn In Debt Service In Q3 2022
Nigeria has continued to spend a large chunk of its dwindling revenue to service its...
Active Bank Accounts In Nigeria Is N133.5m-NIBSS
The number of active bank accounts in Nigeria increased to 133.5 million in 2021, according...
CBN Projects $1bn Export Proceeds Repatriation By Q4
The Central Bank of Nigeria (CBN) has expressed hope that export proceeds for rebate would...
CBN’s Cash Withdrawal Policy Will Hurt MSMEs, Says ASBON
The national president of Association of small business owners of Nigeria (ASBON), Dr. Femi Egbesola,...
