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Category: Business

Business Economy headline

All deposits in Nigerian banks are secured, CBN assures depositors

Iheanyi Ejiofor October 8, 2024 No Comments #CBN#Depositorsbanks

Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday assured Nigerians not to panic as it has put in place policies to ensure that all monies deposited in financial…

Read More All deposits in Nigerian banks are secured, CBN assures depositors
Business Economy headline

CBN committed to fair, efficient markets – Cardoso

Iheanyi Ejiofor October 7, 2024 No Comments #Cardoso#CBN#market

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso says the bank’s decision to implement the Electronic Foreign Exchange Matching System (EFEMS) is rooted in the understanding that…

Read More CBN committed to fair, efficient markets – Cardoso
Business Economy headline

Nigeria officially begins sale of crude oil in Naira

Iheanyi Ejiofor October 7, 2024 No Comments #crude oilnaira

Nigeria has officially commenced the sales of crude oil and refined petroleum products in naira, the Federal Government has announced. The Minister of Finance and Coordinating Minister of the Economy,…

Read More Nigeria officially begins sale of crude oil in Naira
Business Economy headline

Alleged expenditure of a phantom $16b delayed Nigeria’s power sector reforms – Imoke

Iheanyi Ejiofor October 7, 2024 No Comments #Phantom#reformpower

A former minister of power, who later served as governor of Cross River State, Senator Liyel Imoke, on Thursday, in Lokoja, stated that alleged “expenditure” of a phantom $16 billion…

Read More Alleged expenditure of a phantom $16b delayed Nigeria’s power sector reforms – Imoke
Business Economy headline

Enhanced Digital Banking: FirstBank unveils improved FirstMobile

Iheanyi Ejiofor October 5, 2024 No Comments #Digital banking#Firstbank#Firstmobile

FirstBank has announced the full restoration of services on Firstmobile, its mobile banking platform, following a downtime earlier this week which occurred following a recent upgrade of the mobile banking…

Read More Enhanced Digital Banking: FirstBank unveils improved FirstMobile

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