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CBN to launch own digital currency October 1

    CBN to launch own digital currency October 1

The Central Bank of Nigeria (CBN) says it will launch the pilot scheme of its digital currency by October 1, 2021. The resolution was made during a private webinar on

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Loans to Nigeria mutually beneficial, says Chinese envoy

    Loans to Nigeria mutually beneficial, says Chinese envoy

Cui Jianchun, Chinese ambassador to Nigeria, says his country’s loans to Nigeria are of mutual benefit. According to the Debt Management Office (DMO), Nigeria is indebted to China to the tune

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UK plans new scheme to drive ‘free and fair’ trade with Nigeria

    UK plans new scheme to drive ‘free and fair’ trade with Nigeria

The United Kingdom (UK) government says it has proposed a new scheme to help Nigeria and other developing countries to rive ‘free and fair’ trade in the post-Brexit. In 2018,

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Buhari inaugurates NEITI’s new board — after 17 months

    Buhari inaugurates NEITI’s new board — after 17 months

President Muhammadu Buhari has inaugurated a 15-member National Stakeholders Working Group (NSWG), better known as governing board, for the Nigeria Extractive Industries Transparency Initiative (NEITI). This is coming 17 months

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NEPC: FG to increase trade export with N50bn funding

    NEPC: FG to increase trade export with N50bn funding

The Nigerian Export Promotion Council (NEPC) says it is implementing a N50 billion export expansion facility programme (EEFP) as part

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APC group: Aviation sector undergoing revolution under Buhari’s administration

    APC group: Aviation sector undergoing revolution under Buhari’s administration

The APC Legacy Awareness and Campaign (APCLAC), a political group, says the aviation sector in Nigeria is undergoing a revolution

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Ajaokuta Steel Company will function fully before end of Buhari’s tenure, says minister

    Ajaokuta Steel Company will function fully before end of Buhari’s tenure, says minister

Olamilekan Adegbite, minister of mines and steel development, says Ajaokuta Steel Company Limited will function to capacity before the end

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World Bank, IMF to hold 2021 annual meetings in ‘hybrid format’

    World Bank, IMF to hold 2021 annual meetings in ‘hybrid format’

The World Bank and International Monetary Fund (IMF) 2021 annual meetings will be held in a hybrid format from October

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Minister: FG, UAE to track illegal gold trade

    Minister: FG, UAE to track illegal gold trade

Olamilekan Adegbite, minister of mines and steel development, says the federal government and United Arab Emirates (UAE) have agreed to

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New minimum wage: PTAD pays nine-month arrears to DBS pensioners

    New minimum wage: PTAD pays nine-month arrears to DBS pensioners

The Pension Transitional Arrangement Directorate (PTAD) says it has paid an additional nine months of consequential adjustment arrears occasioned by

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