CBN Gov. to inaugurate Unilorin poultry farm July 21 – Official
July 18, 2022 Mr. Godwin Emefiele, the Central Bank Governor, will on July 21 inaugurate the multimillion naira Unilorin GgMAX Integrated Poultry Farm. The farm is located at Amoyo in…
Nigeria’s crude oil production spikes, averages 1.238m bpd in June – OPEC
By Solomon Asowata The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 million barrels per day (bpd) in…
Operational cost forced companies to prune down workforce by 40% – MAN
June 29, 2022 Members of the Manufacturers Association of Nigeria (MAN) have been forced to reduce their workforce by 40 per cent due to high operational cost. Its South-West Chairman,…
ECONOMIC CHALLENGES AND CBN’s POLICIES, BY ARIZE NWOBU
In a recent report entitled ‘’Development Updates on Nigeria’’, the World Bank highlighted the current challenges of the economy which include a threatening inflation rate which stood at 17.7 per…
Financial Inclusion: Experts Identify Gaps In Achieving CBN Target
Experts in the nation’s financial sector have identified gaps in the set objectives by the Central Bank of Nigeria, CBN, to significantly reduce the number and percentage of adult Nigerians…
CBN to introduce USSD code to improve eNaira
By Okeoghene Akubuike Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary Service Data (USSD) code as part of steps to improve the Central Bank…
Banks are robbing us, customers cry out; want regulator to intensify checks
Customers of various banks in the Federal Capital Territory (FCT), have decried the increasing rate of financial technology (fintech) banking related fraud in the country. Some of the customers who were…
CBN as pivot of Buhari’s economic diversification policy
JACKSON UGBECHIE, a public policy analyst, appraises the pre and post Covid-19 pandemic interventions of the Central Bank of Nigeria (CBN) under Godwin Emefiele and concludes that the cup is…
Presidential ambition: Emefiele withdraws suit against INEC, AGF
May 23, 2022 Godwin Emefiele, Governor of Central Bank of Nigeria (CBN), on Monday, withdrew the suit he filed against the Independent National Electoral Commission (INEC) and the Attorney-General of…
NDDC cancels 20-year-old unexecuted contracts, advises contractors to refund monies received
May 22, 2022 The Niger Delta Development Commission (NDDC) has revoked contracts awarded between 2000 and 2019 where the contractors did not move to site. “Consequently, all affected contractors are…