Business
CBN To Sanction Banks For Paying Old Notes To Customers Via ATMs
The Central Bank of Nigeria (CBN) has threatened to penalise any commercial banks that fail to comply with…
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Business
Read about finance, business news around Nigeria. Know what Ponzi schemes like MMM and the others are up to
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Business
Nigeria’s Debt To Hit N77trn If CBN N22.7trn Loan Is Approved – DMO
The Debt Management Office (DMO) has explained that public debt would only hit the projected N77…
Business
Amazon To Lay Off 18,000 Workers
American multinational technology company, Amazon, says it is planning to sack over 18,000 employees from its total…
Business
Top PAMM Brokers by Traders Union
Novice traders often lack practical experience and knowledge to earn a profit in the financial markets…
Business
2023 Budget Will Cause Inflation, Unemployment – Pat Utomi
A political economist, Pat Utomi, says the 2023 budget will cause severe inflation and job losses…
Business
Incoming Administration To Inherit N77trn Debt – DMO
The Debt Management Office (DMO) has predicted that the country’s debt will increase dramatically before the…
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Business
EFCC Recovers N13bn Unauthorized Fuel Subsidy Payments
The Economic and Financial Crimes Commission says it has recovered over N13 billion as proceeds from oil illegal…
Business
GTBank Suspends Int’l Naira Card Transactions Dec 31
Guaranty Trust Bank (GTBank) has announced that international transactions on its naira Mastercard will be suspended beginning Saturday,…
Business
N80bn Debt: Telcos Threaten To Disconnect Banks USSD Subscribers
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) says the accumulated debt from the unstructured supplementary service…
Business
CBN Makes U-Turn, Increases Cash Withdrawal Limit
The Central Bank of Nigeria, CBN, has raised its weekly cash withdrawal limits set for individuals and corporate…
Business
Festive Season Pushes Nigeria’s Inflation To 21.47%
Nigeria’s inflation rate rose to 21.47 per cent in November, continuing its 2022 surge. The consumer price index…
Business
Economic Crisis: IMF Reaches $3bn Loan Agreement With Ghana
The International Monetary Fund (IMF) and Ghana have reached a staff-level agreement for a three-year loan package of…
Business
Legacy Systems and Digital Transformation: A Business Analyst’s Guide to Modernization
Digital transformation is reshaping the business landscape, compelling organizations to modernize their operations, processes, and technologies to remain…
Business
CBN Limits Cash Withdrawals To N100K Weekly
The Central Bank directed deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals by individuals…