James Emejo

Nigerian Government, World Bank Commit $700m to Scale Up Rural Access, Agricultural Marketing Projects

FG and World Bank have committed $700m to RAAMP to improve rural roads, boost agriculture, and enhance food security.

6 days ago

CBN to Fine Banks N150 Million Per Branch for Diverting Mint Naira Note To Hawkers

CBN has announced N150m fines per branch for banks aiding illegal mint naira note distribution to currency hawkers.

1 week ago

Tony Elumelu Champions AI, Strategic Partnerships as Catalysts for Africa’s Growth, Sustainable Development

Tony Elumelu has highlighted AI, innovation, and partnerships as transformative tools to unlock Africa’s socio-economic potential.

2 weeks ago

Analysts Call for CBN To End Monetary Tightening Amid Rising Inflation, Economic Hardship

Analysts have urged the CBN to maintain the current policy rates, citing inflationary pressures and economic challenges facing Nigeria.

4 weeks ago

CBN Warns Public Against Fraudulent SWIFT Messages, Urges Vigilance

CBN has cautioned the public over fake SWIFT documents, emphasising the need for vigilance against fraudulent contract offers.

1 month ago

NHIA, States Move to Maximise $669m Global Fund Support for Health Insurance

The NHIA, with Global Fund’s $669 million support, aims to strengthen Nigeria’s health insurance against HIV/AIDS and tuberculosis.

2 months ago

Nigeria Records N1.88 Trillion Trade Surplus in Third Quarter

Exports also increased by 74.36 per cent, compared to N5.93 trillion in Q3 2022.

1 year ago

CBN Raises Tenure Limit for Banks’ Chief Executives to 12 Years

It set a cumulative tenure limit of directors of the same bank at 24 years.

1 year ago

CBN: FX Reforms Aimed at Transparency, Liquidity, Discouraging Speculation

It has pegged the withdrawal from domiciliary accounts at $10, 000 per day.

2 years ago

Wale Edun: Nigeria Will Unify Exchange Rates Within 3 Months

Just 15 days into the job, Tinubu has pulled the right levers for markets: ridding the country of a costly…

2 years ago

CBN Revokes Operating Licences of 183 Microfinance, Primary Mortgage Banks

The NDIC assured customers of speedy resolution of claims, saying there is no cause for panic.

2 years ago

CBN Governor Emefiele Urges Banks, Telcos to Resolve USSD Dispute in Interest of Consumers

Telecom operators withdrew their services to banks, causing difficulty in accessing online banking transactions that depend on the platform.

2 years ago

Nigeria Approves New Investment, Automotive Policies

Trade minister Niyi Adebayo hinted that the country will soon start running a national trade policy that will guide trade…

2 years ago

Nigerian Banks Demand Tax Clearance Certificate On FX Transactions

It affects PTA, BTA, international school fees, medicals, personal home remittances and vehicle registration as government agencies and corporate entities are also required to sight…

2 years ago

Credible Census Data Key for Nigeria’s Economic Development, Says Elumelu

He said the 2023 headcount must be above board.

2 years ago

Nigeria Decides: Dangote, Okonjo-Iweala Impressed with Voter Turnout

Analysts say credible polls will spur economic growth and insist a poor outcome will be dangerous.

2 years ago

Higher Food, Commodity Prices Push Nigeria’s Inflation to 21.82%

It is severe in Lagos, Bauchi, Ondo, and other states.

2 years ago

Cash Withdrawal Limit: Banks Suspend Transactions Via Naira Credit, Prepaid Cards

Banks have informed customers through text messages that these channels can no longer be used to access cash for the…

2 years ago

Increased Spending, Energy, Production Costs Drive Inflation to 21.34%

It's highest in Bauchi, Kogi and Anambra among others.

2 years ago

CBN Tightens Noose on Money Launderers, Terrorism Financiers

The apex bank issued guidelines on beneficial ownership.

2 years ago