Central Bank of Nigeria Introduces Naira Payout Option for Diaspora Remittances
The Central Bank of Nigeria (CBN) has announced the inclusion of the Naira as a payout option for recipients of…
Day: July 13, 2023
Inflows into Nigeria’s Investors and Exporters Window Rise to $2.55bn
Data obtained from the FMDQ revealed that the total inflows into Nigeria’s Investors and Exporters Window (I&E Window) reached $2.55…
Senate Probes Alleged Uneven Disbursement of N483bn Intervention Loans
The Nigerian Senate has launched an investigation into the alleged uneven disbursement of N483 billion in intervention loans by the…
Nigeria’s Oil Production Set to Increase with Addition of 192,000 Barrels per Day
The Nigerian National Petroleum Company Limited (NNPCL) and its joint venture partners have announced plans to boost Nigeria’s oil production…
Bank Verification Numbers (BVNs) Reach 57.96 Million as CBN Plans to Close Unlinked Accounts
According to data from the Nigeria Inter-Bank Settlement System Plc, the total number of issued Bank Verification Numbers (BVNs) in…
New Gas Pricing Template and Clearing Power Sector Debts: Boosting Nigeria’s Decade of Gas
A new gas pricing template for the power sector and gas-based industries in Nigeria is awaiting approval from President Bola…
Enhancing the Passenger Experience: Addressing Challenges in Nigerian Airports
The recent surge in passenger-operator clashes in Nigerian airports has raised concerns about the friendliness and efficiency of the country’s…