The Federal Government of Nigeria (FGN) says it is not going back on the date – June 2023 for subsidy removal as earlier stated. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, made this known during a press…
The Federal Government of Nigeria (FGN) has been cautioned to review its decision on issuing more licences for Fifth Generation (5G) services to telecos in the country. An ICT expert, Dr Mohammed Mohammed, while speaking to journalists in Kaduna State…
Nigeria’s new inflation rate for October 2022 which is at 21.09 percent will be the highest in 17 years, according to the National Bureau of Statistics (NBS). The rate increased by 0.32 percent from 20.77% recorded in September 2022. Food…
A group, Women in Mining in Nigeria (WIMIN), has advocated for more of its gender into the country’s mining space, this can be achieved by introducing girls to the sector. Engineer Janet Adeyemi, President of WIMIN said this on Monday,…
About N714.61 billion was charged from bank customers in the first nine months of 2022 in Nigeria. punchnewspapers Eleven banks charged their customers N714.61bn for electronic fees and other forms of commissions in the first nine months of 2022. These…
The Chief Executive Officer (CEO) of Meta (Facebook), Mark Zuckerberg, has explained how the company would compensate 11,000 workers about 13% of its workforce after laying them off on Wednesday. The move is coming barely a week after Twitter cut…
A total of $63.8 billion worth of investment was secured at the end of the Africa Investment Forum Market Days, according to the African Development Bank (AfDB). Last year, about $32.8 billion was secured coupled with the $31 billion drawn…
By Eze Onyekpere | The Central Bank of Nigeria within the outgone week announced a very important but dramatic decision to redesign, produce, release and circulate new series of banknotes at N200, N500, and N1,000 levels. According to the CBN…
The Central Bank of Nigeria (CBN) has announced the redesign and reissuing of N200, N500 and N1000 naira notes. The apex bank governor, Godwin Emefiele during a press conference said the development will take effect from December 15, 2022. Banks…
‘Stears is going to be systemically important.’ If this statement from the Head of the Private Capital Division at FMDQ Group doesn’t energise me in the morning, then I don’t know what will. From the beginning, we have always understood…
