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Naira redesign: We’re working to ease process for deposits in rural areas, says CBN

    Naira redesign: We’re working to ease process for deposits in rural areas, says CBN

The Central Bank of Nigeria (CBN) says it is collaborating with stakeholders, especially those in the agent banking sector, to ensure cash deposits in rural, underserved areas across the country.

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Sowore: Adoption of IMF’s structural adjustment program destroyed Nigeria

    Sowore: Adoption of IMF’s structural adjustment program destroyed Nigeria

Omoyele Sowore, the presidential candidate of the African Action Congress (AAC), says the adoption of International Monetary Fund’s (IMF) structural adjustment program (SAP), “destroyed Nigeria”. Sowore said this on Sunday

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Abdulrazaq: Cash transfer programmes effective for poverty alleviation

    Abdulrazaq: Cash transfer programmes effective for poverty alleviation

Abdulrahman Abdulrazaq, governor of Kwara, says cash transfer programmes for vulnerable people are effective tools for eradicating extreme poverty. AbdulRazaq said this on Friday in Ilorin, at the launch of

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Currency redesign: ISWAP opts for CFA, bans farmers, fishermen in Lake Chad from using naira

    Currency redesign: ISWAP opts for CFA, bans farmers, fishermen in Lake Chad from using naira

The Islamic State of the West African Province (ISWAP), a terrorist group, has banned farmers and fishermen in Lake Chad from using the naira for transactions. This is a result

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Netflix: We’ve invested N9bn into Nollywood for quality content production

    Netflix: We’ve invested N9bn into Nollywood for quality content production

Netflix, America’s streaming giant, says it is investing heavily to ensure its subscribers enjoy the same quality content. Shola Sanni,

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Power supply: FG to increase TCN’s transmission capacity by 1000 MW

    Power supply: FG to increase TCN’s transmission capacity by 1000 MW

Abubakar Aliyu, minister of power, says  the federal government plans to increase wheeling capacity of the Transmission Company of Nigeria

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FTX files for bankruptcy as CEO resigns

    FTX files for bankruptcy as CEO resigns

FTX, a cryptocurrency exchange platform, has filed for bankruptcy amid its liquidity crisis. In a statement shared on Twitter on

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FAAN reopens Lagos airport runway — four months after closure

    FAAN reopens Lagos airport runway — four months after closure

Federal Airport Authority Authority of Nigeria (FAAN) says it has reopened the domestic runway (18L/36R) of Murtala Muhammed Airport (MMA)

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NCC to engage stakeholders ahead of fresh 5G spectrum auction

    NCC to engage stakeholders ahead of fresh 5G spectrum auction

The Nigerian Communications Commission (NCC) says it will hold engagement session with stakeholders on 5G spectrum on November 15, 2022.

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Naira appreciates to N710/$ at parallel market

    Naira appreciates to N710/$ at parallel market

The naira has sustained its momentum at the parallel market, appreciating N710 per dollar in Lagos on Friday. The development

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