CBN Act: NASS proposes N500,000 each for naira abuse, refusing naira payment, buying naira
The Nigerian Senate has introduced a bill to amend the Central Bank of Nigeria Act 2007, proposing a 900 per...
Business Affairs
PLSI to adopt AI platform to curb public sector corruption
Omeiza Bilal The Paradigm Leadership Support Initiative (PLSI) has said it is adopting Artificial Intelligence (AI) as it seeks to...
Crypto Exchanges begin delisting of Naira from Platforms
Omeiza Bilal Following the directives of the Office of the National Security Adviser and the Securities and Exchange Commission that...
More diversified trade can make Middle East, Central Asia more resilient
Dislocations from the pandemic, geoeconomic fragmentation, and Russia’s war in Ukraine have shifted world trade dynamics. While this has created...
Afreximbank backs expansion of Grenada’s Silversands Hotel with $30m facility
African Export - Import Bank (Afreximbank) has approved a $ 30 million financing facility to Joyau Des Caraibes Limited (JDC); the...
Global oil demand to rise by 2.25mbpd in 2024
The Organization of Petroleum Exporting Countries, OPEC, has again expressed optimism on robust oil market growth. In its Monthly Oil...
Equity market’s bearish trend continues, shed N74bn
Transactions on the floor of Nigerian Exchange closed southward, shedding N74 billion as more companies recorded low performance The downward trend...
CBN kickstarts strategy to double remittances, Grants AIP to 14 new IMTOs
Omeiza Bilal The Central Bank of Nigeria (CBN) has activated plans to double foreign-currency remittance flows through formal channels by...
FG reiterates commitment to gas utilization for economic growth, prosperity
…As President commissions 3 gas projects Omeiza Bilal In line with its renewed hope agenda, the Federal Government has reiterated...
UNSC needs drastic reforms to accommodate Nigeria in G20 – Amb. Tuggar
Omeiza Bilal Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar has called for an urgent reform of the United Nations...
