Economy Naira scarcity Persist, traders ration cash as POS operators blame Banks for double standard biztv24January 2, 2024 January 2, 2024 NIGERIA, Jan. 2 – Nigeria’s current cash scarcity is biting hard on people in the remote parts of the country. Some rural farm... 05100
Economy E-Naira grew by 284%, as the notes decline to N2.7tn – CBN biztv24December 29, 2023 December 29, 2023 NIGERIA, Dec. 29 – The Central Bank of Nigeria (CBN) revealed that the volume of e-Naira in circulation grew by 284.6 % to N9.... 05900
Economy Naira drops further to 1,233/dollar at parallel market biztv24December 26, 2023 December 26, 2023 NIGERIA, Dec 26 – The Naira struggles for survival as pressure intensify on the currency of Africa’s biggest economy. The na... 05500
Economy Nigeria’s Inflation Rate Increased by 0.9% in November to 28.2% – NBS biztv24December 18, 2023 December 18, 2023 NIGERIA, Dec. 18 – The annual inflation rate of Nigeria has risen for the 11th consecutive months in a row, taking the value f... 05600
Economy IMF insisted, Nigeria not generating enough revenue to support its developmental needs biztv24December 11, 2023 December 11, 2023 NIGERIA, Dec. 11 – The International Monetary Fund (IMF) has revealed that Nigeria is not getting the required revenue to help... 06700
Economy Banks to stop non-deposit financial institutions from transfer list in line with CBN Policy biztv24December 7, 2023 December 7, 2023 NIGERIA, Dec. 7 – Nigeria commercial Banks have been requested to disconnect Switches, Payment Solution Service Providers, and... 010100
Economy Over $700m remaining trapped fund in Nigeria is inaccessible – Foreign Airlines biztv24November 8, 2023 November 8, 2023 NIGERIA, Nov. 8 – The challenge of Foreign airlines in Nigeria is yet to be resolved as operators disclosed that about 90 % o... 05800
Economy NBS Data: Lagos, Rivers, FCT lead as they generated N1.93tn in IGR biztv24October 24, 2023 October 24, 2023 NIGERIA, Oct. 24 – Nigeria states of Lagos, Rivers, and the Federal Capital Territory (FCT) top the chart of t... 07300
Economy OGFZA rolls out ambitious expansion plans under the newly appointed MD biztv24October 19, 2023 October 23, 2023 NIGERIA, Oct. 19 – The newly appointed Managing Director of Oil and Gas Free Zones Authority (OGFZA), Mr Bamanga Usman, has&nb... 05700
Economy FG Express commitment to the development of the mining sector biztv24October 18, 2023 October 18, 2023 NIGERIA, Oct. 18 – The Nigerian President, Bola Tinubu has expressed the Federal Government’s commitment to develop the count... 05100