By our reporter/ The Central Bank of Nigeria (CBN) on Monday rolled out eNaira, the country’s first digital currency. The digital currency has two applications, eNaira speed wallet and eNaira…
Read More CBN rolls out eNaira app, merchant wallets
Category: Economy
Battle For First Bank: FBN holdings finally acknowledges Otedola’s shares
By our reporter/ As the struggle for the control of Nigeria’s premier banking institution intensifies, FBN Holdings Plc, the holding company of First Bank of Nigeria, in a reversal of…
Read More Battle For First Bank: FBN holdings finally acknowledges Otedola’s shares eNaira to be unveiled by Buhari on Monday
Ebun Francis/ Nigeria’s first digital currency, eNaira will be unveiled by President Muhammadu Buhari on Monday. The unveiling of the eNaira was earlier scheduled for October 1, but was postponed…
Read More eNaira to be unveiled by Buhari on Monday
NRC announces resumption of Abuja-Kaduna train services
By our reporter/ The Nigerian Railway Corporation (NRC) on Friday announced the resumption of the Abuja-Kaduna Train Services (AKTS). This is coming 24 hours after an attack on a section…
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Sub-Saharan Africa’s economy to grow by 3.7%, slowest in the World IMF
By our reporter/ The International Monetary Fund (IMF) on Thursday said economic recovery in sub-Saharan Africa will be the slowest in the world. According to its October Regional Economic Outlook…
Read More Sub-Saharan Africa’s economy to grow by 3.7%, slowest in the World IMF