CATEGORY
Business and Economy
CBN Launches Electronic Matching System for FX Transactions
By Milcah TanimuThe Central Bank of Nigeria (CBN) will implement an Electronic Foreign Exchange Matching System (EFEMS) for FX transactions starting December 1, 2024....
Budget Minister Links Insecurity to Nigeria’s Economic Challenges
By Milcah TanimuThe Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, has stated that Nigeria's insecurity challenges are closely tied to its economic...
Uncertainty Surrounds Nigeria’s Naira-for-Crude Policy Launch
Uncertainty surrounds Nigeria's Naira-for-Crude Policy, which was set to start on October 1, 2024. However, as of that date, the federal government had not...
FG stops VAT on diesel, cooking gas
The Federal Government has introduced new tax relief measures to boost investments in Nigeria's oil and gas sector, particularly in deep offshore production. Among...
Number of Registered PoS Terminals Hits 26.54 Million as Operators Slash Charges
By Milcah TanimuNigeria has witnessed a significant increase in the number of registered Point-of-Sale (PoS) terminals, which has now reached 26.54 million in just...
FCCPC and NBC Differ on Pay-Per-View for GOtv, DStv
By Milcah TanimuThe Federal Competition and Consumer Protection Commission (FCCPC) and the National Broadcasting Commission (NBC) have submitted conflicting positions to the Federal High...
FG Expands Subsidised Rice Programme to States Amid Food Crisis
The Federal Government is expanding its subsidised rice programme to tackle food insecurity, with sales set to begin in Lagos, Kano, and Borno states,...
Despite Crackdown, Sale and Spraying of Mint Naira Notes at Parties Continue
Despite ongoing efforts to clamp down on the sale and spraying of Naira notes, individuals and groups continue to flout the law intended to...
Zenith Bank Customers Frustrated by Service Disruptions Amid Maintenance Delays
Zenith Bank customers have taken to social media to voice their frustration over online banking disruptions, citing difficulties with transactions and payment services. The...
October 1 Protests Erupt in Abuja and Lagos Over Economic Hardship
By Milcah TanimuProtests over economic hardship in Nigeria erupted on October 1 in major cities like Lagos and Abuja. This coincided with the country's...