Business & Economy
CBN announces ₦6.98 charge for USSD transactions
The Central Bank of Nigeria (CBN) imposed ₦6.98 service charge on Nigerians for all USSD transactions. Customers will pay a flat fee of N6.98 ...
Business & Economy
Nigeria’s inflation rate hits 17.33%, highest in four years
Nigeria’s inflation rate rose to 17.33% in February from 16.47% recorded in January. This is the highest point since April 2017. According to ...
Business & Economy
Nigeria’s unemployment rate rises to 33.3% in Q4 2020
Nigeria’s unemployment rate has increased from 27.1% to 33.3% in the fourth quarter of 2020. According to the Labour Statistics Report released by ...
Business & Economy
Charles Aigbe resigns from Fidelity Bank
Barely three-months after a change of leadership at his fast-rising financial institution, Fidelty Bank, the upwardly mobile journalist and brand strategist, Charles Aigbe ...
Business & Economy
Nigeria exits recession, records 0.11% growth in Q4 – NBS
Nigeria’s Gross Domestic Product recorded a slight growth of 0.11 per cent in the fourth quarter of 2020, the latest figures from the ...
Business & Economy
Inflation jumps to 16.47 %, highest point since 2017
The National Bureau of Statistics on Tuesday, February 16, 2021, revealed that Consumer Price Index which measures inflation has increased by 16.47% in ...
Business & Economy
Cryptocurrency: Senate summons CBN gov, DG SEC
The Senate on Thursday, February 11, 2021, summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, and Director General of the Security ...
Business & Economy
Okonjo-Iweala: WTO to decide on new DG Feb 15
The World Trade Organisation (WTO) in a statement on its website said the general council, its top decision making body, will have a ...
Business & Economy
JUST IN: US finally okays Okonjo-Iweala for WTO DG
The United States finally endorsed the candidacy of Dr Ngozi Okonjo-Iweala for the post of Director-General of the World Trade Organization (WTO) following ...
Breaking News
BREAKING: CBN directs banks to shutdown crypto accounts
The Central Bank of Nigeria, CBN, has directed Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) local financial ...