Cashless policy not meant to abolish cash transactions –Moghalu
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Cashless policy not meant to abolish cash transactions –Moghalu

Webby - March 23, 2023

The former Deputy Governor of the Central Bank of Nigeria (CBN, Kingsley Moghalu, has stated that the cashless policy wasn’t initiated to criminalise cash transactions. Moghalu said…

FG, states, LGAs share N722bn in February, allocation decreases by N27bn
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FG, states, LGAs share N722bn in February, allocation decreases by N27bn

Webby - March 23, 2023

Spread the loveThe Federation Account Allocation Committee (FAAC) says it shared N722.677 billion among the three tiers of government in February 2023. The disbursement shows a decrease…

Global Bank Crisis: An Alert for Nigerian Banks?
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Global Bank Crisis: An Alert for Nigerian Banks?

Webby - March 23, 2023

Spread the loveBy Marcel Okeke Unsurprisingly, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) after its meeting on Tuesday, 21 March 2023, opened…

DSS Arrests Nigerian Politician Over Naira Crisis, CBN To Flood Banks With Old Notes
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DSS Arrests Nigerian Politician Over Naira Crisis, CBN To Flood Banks With Old Notes

Webby - March 23, 2023

A lawmaker-elect for the Ogun State House of Assembly, Damilare Bello, has been arrested by operatives of the Department of State Services. Bello, a Peoples Democratic Party…

CBN’s interest rate hike may cost Nigerians job loss, experts warn
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CBN’s interest rate hike may cost Nigerians job loss, experts warn

Webby - March 22, 2023

Spread the love    Nigerian analysts have warned that Nigerians risk losing their jobs and companies revenues over the recent hike in the Monetary Policy Rate to…

CBN disbursed N12.65bn as agriculture intervention since January – Emefiele
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CBN disbursed N12.65bn as agriculture intervention since January – Emefiele

Webby - March 22, 2023

Spread the loveThe Central Bank of Nigeria (CBN), has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP), its flagship agriculture intervention scheme from January till date.…

Buhari exempts telecom sector from proposed 5% excise duty
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Buhari exempts telecom sector from proposed 5% excise duty

Webby - March 21, 2023

Spread the loveMinister of Communications and Digital Economy, Isa Pantami, says President Muhammadu Buhari has approved the exemption of the telecommunications sector from the proposed 5 percent…

Just in: CBN hikes interest rate again, second time in 3 months
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Just in: CBN hikes interest rate again, second time in 3 months

Webby - March 21, 2023

The Monetary Policy Committee of the Central Bank of Nigeria has voted in its February 2023 meeting to raise its monetary policy rate (MPR) to 18 per…

What to know about NCC’s harmonised short codes for telcos
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What to know about NCC’s harmonised short codes for telcos

Webby - March 18, 2023

Spread the loveThe Nigerian Communications Commission (NCC), recently directed all mobile network operators (MNOs) to commence the implementation of the approved harmonised short codes (HSCs) in order…

Nigeria agenda 2050: Fiction or reality?
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Nigeria agenda 2050: Fiction or reality?

Webby - March 17, 2023

Spread the loveBy Marcel Okeke The outgoing Government of President Muhammadu Buhari seems to be tinkering with so many futuristic initiatives that have the potential to stimulate…