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‘Sole legal tender is cedi’ — Ghana bans spending in foreign currencies

    ‘Sole legal tender is cedi’ — Ghana bans spending in foreign currencies

The Ghanaian government has banned spending and transacting businesses in foreign currencies in the country.  The Central Bank of Ghana disclosed this in a statement issued on Thursday, warning citizens

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‘Budget deficit projected to hit N7.35trn’ — Buhari seeks reps’ approval for new borrowing

    ‘Budget deficit projected to hit N7.35trn’ — Buhari seeks reps’ approval for new borrowing

President Muhammadu Buhari has written to the house of representatives seeking an increase in the 2022 budget deficit to be financed through borrowing from the domestic market. Buhari said this

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Omobola Johnson: We can’t build a greater Nigeria if women are excluded by law

    Omobola Johnson: We can’t build a greater Nigeria if women are excluded by law

Omobola Johnson, Guinness Nigeria board chair, says Nigeria needs all hands on deck to build a greater nation, and this cannot happen, if women are excluded by law. Johnson said

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FEC approves N35bn for aviation projects in eight states

    FEC approves N35bn for aviation projects in eight states

The federal executive council (FEC) has approved N35 billion for various projects in the aviation sector. Hadi Sirika, minister of aviation, said this on Wednesday in Abuja, at the end

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‘45% for FG, 29.7% for states’ — RMAFC presents new revenue sharing proposal to Buhari

    ‘45% for FG, 29.7% for states’ — RMAFC presents new revenue sharing proposal to Buhari

President Muhammadu Buhari has received a report on the review of the vertical revenue allocation formula from the Revenue Mobilisation,

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Russia-Ukraine war: Afreximbank launches $4bn financing programme for African economies

    Russia-Ukraine war: Afreximbank launches $4bn financing programme for African economies

The African Export-Import Bank (Afreximbank) says it has launched a $4 billion Ukraine Crisis Adjustment Trade Financing Programme for Africa

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CBN hits banks with N1.31bn fine for flouting directive on crypto accounts

    CBN hits banks with N1.31bn fine for flouting directive on crypto accounts

The Central Bank of Nigeria (CBN) has penalised six banks for N1.314 billion over alleged non-compliance with a regulation on

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US sanctions Putin’s daughters, Russian government officials

    US sanctions Putin’s daughters, Russian government officials

The United States says it will impose a fresh round of sanctions on Russia over its invasion of Ukraine. US

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FG to disburse interest-free loans to 98,000 farmers, traders

    FG to disburse interest-free loans to 98,000 farmers, traders

The federal government says it has concluded plans to give interest-free loans to 98,000 beneficiaries of its restructured Government Enterprise

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Comply with SIM registration guidelines to forestall identity theft — NCC tells telcos, agents

    Comply with SIM registration guidelines to forestall identity theft — NCC tells telcos, agents

The Nigerian Communications Commission (NCC) has urged telecommunication companies and licensed agents to comply with the subscriber identity module (SIM)

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