ENaira Payment Solutions Limited, a company, has instituted a suit before a federal high court against the Central Bank of Nigeria over the name “eNaira.” The Central Bank of Nigeria
Business
Businesses are currently bearing the brunt of the decision to shut down telecommunications services in some states in north-west region of the country, according to a report by SB Morgan
Fitch, a global credit rating agency, has upgraded the long-term rating of Bank of Industry(BoI) to ‘AAA(nga)’ from ‘AA+(nga). BOI is Nigeria’s primary development bank, with the mandate of financing
African Export-Import Bank (Afreximbank) has launched the pan-African payment and settlement system (PAPSS), a financial market infrastructure, to enable cross-border payments in local currencies across different markets in the continent.
Patience Oniha, director-general of the Debt Management Office (DMO), says international investors are still interested in Nigeria. Oniha, represented by
The Nigeria-Russia chamber of commerce says it has prioritised power, education and agriculture as some of the sectors it wants
The United Kingdom (UK) says it will grant 10,500 short-term work visas to foreign truck drivers and poultry workers until
In the past few weeks, I have written extensively about the naira and Nigeria’s foreign exchange regime. As a result,
The African Development Bank (AfDB) says that Nigeria, South Africa, and Egypt dominated the continent’s portfolio investment market in the
The Northern Governors Forum (NGF) says the collection of value-added tax (VAT) by states will cause an increase in prices
