Our reporter/ The Central Bank of Nigeria (CBN) says it has restricted Point of Sales (PoS) agents to a daily transaction limit of N1.2 million. This was revealed in its…
Read More CBN imposes N1.2m daily limit transaction on PoS agents
Category: Economy
NERC says FG’s electricity subsidies rose to N199.64bn in Dec
Our reporter/ The Nigerian Electricity Regulatory Commission [NERC] has confirmed that the the cost of electricity subsidies increased to N199.64 billion in December 2024. According to the newly released report,…
Read More NERC says FG’s electricity subsidies rose to N199.64bn in Dec
FirstBank kicks off DECEMBERISSAVYBE 2024 with Kenny Blaq‘s ‘Reckless’ Musiccomedy
December marks a special time in Nigeria, a moment when people take a break from their hectic year to unwind, celebrate, and create lasting memories with loved ones. The month is…
Read More FirstBank kicks off DECEMBERISSAVYBE 2024 with Kenny Blaq‘s ‘Reckless’ Musiccomedy
$1 Trillion Economy: SEC lists macroeconomic instability among factors hampering Nigeria’s capital market’s potential
The Securities and Exchange Commission (SEC) has identified limited investor participation, regulatory hurdles and macroeconomic instability as key obstacles hindering the capital market’s contribution to the nation’s one trillion dollar…
Read More $1 Trillion Economy: SEC lists macroeconomic instability among factors hampering Nigeria’s capital market’s potential
ECOWAS intensifies efforts on regional single currency
The Economies of West African States (ECOWAS) has intensified efforts on practical arrangements for the launch of the single currency, ECO for the region following consensus reached in the implementation…
Read More ECOWAS intensifies efforts on regional single currency