80% of imports must pass through scanners – Customs
The Nigeria Customs Service has accused terminal operators and clearing agents of undermining the newly installed $120m scanners. The Customs…
Contributory pension assets hit N14.9tn
The total assets under the Contributory Pension Scheme rose by N1.56tn in 2022, according to figures obtained from the National…
Nigeria, India trade volume hit $14.95billion
The trade volume between Nigeria and the Republic of India has reached $14.95b, Indian High Commissioner to Nigeria, Gangadharan Balasubramanian,…
Confusion as Nigerians move to beat CBN deadline on old Naira notes
Nigerians, from all parts of the country, will enter this weekend agitated and confused over the currency redesign policy of…
Redesigned Naira notes: Gbajabiamila threatens to issue arrest warrant on Emefiele
Femi Gbajabiamila, Speaker of the House of Representatives, says he will issue a warrant of arrest on Godwin Emefiele, governor…
CBN expands e-payment with new domestic card
The Central Bank of Nigeria (CBN) on Thursday launched the Nigerian National Domestic Card Scheme to boost the electronic payment…
UK removes duty on Nigerian exports
The United Kingdom has launched the Developing Countries Trading Scheme (DCTS) in Nigeria which will see exports of goods from…
South Africa Records Astonishing Rise in Contactless Payments
South Africa is leading the continent in contactless payments as more than 50% of FNB customers now tap to pay…
National Assembly urges CBN to extend old naira notes’ deadline
The two arms of the National Assembly, the Senate and the House of Representatives, yesterday asked the Central Bank of…
CBN raises interest rate to 17.5%; insists on January 31 deadline for phasing out old naira notes
The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest…