Nigeria: “5G Pose No Risk To The Quality Of Human Life“ Says Experts
Experts in the Information, Communications and Technology sector have backed the Federal Government on its plan to deploy the Fifth…
Category: Africa
Nigerian Agricultural Insurance Corporation In Talk With Central Bank Of Nigeria And Other Stakeholders On The Need For Perfect Data For Farmers
The Nigerian Agricultural Insurance Corporation has said it is discussing with the Central Bank of Nigeria and other stakeholders on…
South Africa’s Central Bank To Retain Rates At Record Low
South Africa’s central bank will keep its repo rate on hold next week as inflation remains benign but raise rates…
Central Bank Of Nigeria Monetary Policy Meeting Outcome
The Monetary Policy Committee of the Central Bank of Nigeria (CBN), rose from its 138th meeting on Friday, with a…
Nigeria: Lagos State Inland Revenue Service Is Ready For Value Added Tax Collection
The Lagos State Inland Revenue Service has said it is ready for Value Added Tax collection. It disclosed this in…
Global Citizen Gets FGN and Access Bank Backing
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, and Access Bank Plc have backed Global Citizen’s moves…
Nigeria: ‘W’ Initiative Partners With SME.NG
The W Initiative, a brand dedicated to inspiring, connecting, and empowering women in all categories, has partnered with SME.NG to…
Nigeria Quickteller Paypoint Recruits New Agents To Provide Financial Services
Quickteller Paypoint, a service under Interswitch Financial Inclusion Services (IFIS), has continued to live up to its commitment to empowering…
Lafarge Nigeria Makes 8.3% In Revenue Growth – 2020
Lafarge Africa Plc has said it recorded a sales revenue of N230.6bn in 2020. This shows 8.3 per cent revenue…
No Plan To Convert Domiciliary Account To Naira- Central Bank Of Nigeria
The Central Bank of Nigeria (CBN) has again dispelled speculations that it was planning to convert the foreign exchange (FX)…
Nigeria Back In The International Capital Market With A Plan To Raise At Least $3bn From Eurobond Issuance
The Debt Management Office has disclosed that Nigeria is back in the International Capital Market after about three years with…
Nigeria: Department of Petroleum Resources Set Additional Revenue Target Of N5 Trillion
At a period when most Ministries Departments and Agencies(MDAs) are struggling to met their 2021 revenue budget, the Department of…
YOA Insurance Brokers: Best Insurance Broker Nigeria 2021
CFI.co declares YOA Insurance winner of the 2021 award for Best Insurance Broker. The current Managing Director, Mrs Enitan Solarin,…
Nigeria: Lagos Chamber of Commerce and Industry Demand For Adjustment Of Sharing Formula Of Taxes
The Lagos Chamber of Commerce and Industry (LCCI) has advised that the current sharing formula of taxes for states and local…
Debt Management Office Disclose Nigeria’s Public Debt
The Debt Management Office (DMO) has disclosed that Nigeria’s public debt, comprising domestic and external obligations of the Federal Government,…
Nigeria: Dollar Scarcity Thwart Sale Of Shell Petroleum Asset
The Chief Executive Officer of the Guaranty Trust Holding Company Plc, Mr Segun Agbaje, has said that Nigerian lenders likely…
Nigeria: Composite Food Inflation Rise By 20.30%
The National Bureau of Statistics on Wednesday said that the composite food index rose by 20.30 per cent in August…
Central Bank Of Nigeria Set To Launch Infrastructure Fund ‘Infracorp’ In October.
The Central Bank of Nigeria announced that InfraCorp Plc, the N15trn Infrastructure Fund which will boost funding for capital projects,…
Nigeria: Phishing Attack On Business On The Rise Since The Start Of Pandemic
About 66 percent of Nigerian firms have reported an increase in phishing attacks since the pandemic started. Sophos, a cybersecurity…
Naira Depreciates Further In The parallel market; Exchanges At N557 To $1
Naira depreciates as the exchange rate at the parallel market depreciated again to another all-time low on Tuesday to close…
Double-Digit inflation Rate Drove Ten Nigeria Banks Operating Expenses By Seven Percent To N932.26billion
Despite the bountiful profits reported by deposit money banks in the country in their Q2 reports, it has emerged that…
ECO-Green Buses Get Introduced To Nigeria By Austrian Technologies
Austrian Technologies Nigeria, a natural gas-powered vehicle manufacturer, has disclosed details of its full range of ECO-Green buses, some of…
Nigeria Cryptocurrency Market Experience Over 1000% Growth In One Year
The cryptocurrency market in Nigeria and other African countries have grown by 1200 per cent in one year. This was…
Nigeria’s Attorney General Dragged To Court Over Non Remittance Of Stamp Duties
The Attorneys-General of the 36 states of the federation have dragged the Attorney-General of the Federation, Abubakar Malami, before the…
Intra-African Trade Slows, Raises Concern For Stakeholders
Stakeholders have highlighted the underlying issues hampering the growth of intra-African trade despite the ratification of the African Continental Free…
United Bank Of Africa Announced It’s Half Year Financial Result
Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited half year financial results for the half…
Nigeria: MTN And Flutterwave In Mobile Money Partnership
MTN has announced a mobile money partnership with Africa’s leading payments technology company, Flutterwave. The partnership will allow businesses integrating Flutterwave in…
Nigeria: Apapa Customs Command Generates 87.8 Billion Naira In August
Apapa Comptroller, Malanta Yusuf, disclosed at a media briefing in Lagos, noted that the remarkable feat was the first in…
E-Naira To Strengthen The Banking System- Central Bank Of Nigeria
The Central Bank of Nigeria has said e-Naira will strengthen the banking system and make it easier to comply with…
Nigeria’s 36 States Generated 5.3 Trillion Naira Revenue And Got 10.19 Trillion FAAC Allocation In 5 Years
The 36 states in Nigeria earned N5.30tn as internally generated revenue from 2016 to 2020. The states got N10.19tn from…