Nigeria earned $4.8bn from non-oil export in 2022 – NEPC
The Nigerian Export Promotion Council (NEPC) has expressed its commitment to ensure that in 2023, Nigeria makes more than $4.82bn…
Cash crunch: Rural dwellers resort to trade by barter
Amidst the scarcity of both new and old naira notes in the country, residents of rural communities have adopted the…
Naira scarcity exposes e-payment channels’ weakness, says ICAN
As Nigerians grapple with the reality of the new naira note policy, the Institute of Chartered Accountants of Nigeria (ICAN)…
Council of State advises CBN to make new Naira notes available or re-circulate old notes
The National Council of State yesterday advised the Central Bank of Nigeria (CBN) to make new naira notes available or…
IMF urges Nigeria to finalise securitisation of CBN’s N22.7trn overdrafts
The International Monetary Fund (IMF) has underscored near-term downside risks arising from Nigeria’s elevated inflation, high debt-servicing costs, external sector…
Bank Directors intervene in Naira notes scarcity
Directors of banks, under the auspices of the Bank Directors Association of Nigeria (BDAN) said, it is working to free…
PDP, LP tackle FG over rising loan profile, decry N17.1 trillion foreign debts
The People’s Democratic Party (PDP) and the Labour Party (LP), yesterday, berated the Federal Government for its overdependence on external…
TUC gives seven-day ultimatum to FG to resolve Naira, petrol scarcity
The Trade Union Congress of Nigeria (TUC) has issued a seven-day ultimatum to the Federal Government to resolve the twin…
Banks shut branches over attacks by angry customers
As the scarcity of the redesigned Naira notes persists, some banks are shutting their branches over rising attacks by angry…
NIPC moves to improve FDIs, reduce Nigeria’s appetite for loans
As Nigeria’s debt profile continues to rise, the Nigerian Investment Promotion Council (NIPC) has initiated steps to curtail future borrowings…