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Q&A: How Nigeria’s digital currency, eNaira, will work

    Q&A: How Nigeria’s digital currency, eNaira, will work

On Friday, October 1, 2021, the Central Bank of Nigeria (CBN) will launch a centralised and regulated digital currency called the eNaira. Ahead of the launch, the apex bank created

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BudgIT: Rivers, Lagos, Anambra top states’ fiscal performance ranking

    BudgIT: Rivers, Lagos, Anambra top states’ fiscal performance ranking

BudgIT, a civic-tech organisation for transparency and accountability, has launched the 2021 edition of its annual States of States report. The report, titled, “Fiscal Options for Building Back Better,” is

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RMAFC to conduct public hearing on revenue allocation formula Oct 3

    RMAFC to conduct public hearing on revenue allocation formula Oct 3

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says it will commence public hearings on the review of the revenue allocation formula on Monday, October 3, 2021, starting with the

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eNaira: Firm sues CBN over ‘trademark infringement’

    eNaira: Firm sues CBN over ‘trademark infringement’

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

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Report: Businesses suffer from telecoms shutdown in north-west

    Report: Businesses suffer from telecoms shutdown in north-west

Businesses are currently bearing the brunt of the decision to shut down telecommunications services in some states in north-west region

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Fitch upgrades BoI’s national rating to AAA

    Fitch upgrades BoI’s national rating to AAA

Fitch, a global credit rating agency, has upgraded the long-term rating of Bank of Industry(BoI) to ‘AAA(nga)’ from ‘AA+(nga). BOI

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Afreximbank launches pan-African payment platform to ease cross-border transactions

    Afreximbank launches pan-African payment platform to ease cross-border transactions

African Export-Import Bank (Afreximbank) has launched the pan-African payment and settlement system (PAPSS), a financial market infrastructure, to enable cross-border

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DMO: Despite our doubts, international investors still have faith in Nigeria’s economy

    DMO: Despite our doubts, international investors still have faith in Nigeria’s economy

Patience Oniha, director-general of the Debt Management Office (DMO), says international investors are still interested in Nigeria. Oniha, represented by

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Nigeria-Russia chamber of commerce berths, targets power, education

    Nigeria-Russia chamber of commerce berths, targets power, education

The Nigeria-Russia chamber of commerce says it has prioritised power, education and agriculture as some of the sectors it wants

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UK invites 10,500 truck drivers, poultry workers for short term visa

    UK invites 10,500 truck drivers, poultry workers for short term visa

The United Kingdom (UK) says it will grant 10,500 short-term work visas to foreign truck drivers and poultry workers until

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