Tags Coronavirus

Tag: coronavirus

Naira: CBN begs Nigerians, vows to stop PoS ‘extra’ charges

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has appealed to Nigerians to show understanding, adding that the redesigned notes...

BUHARI PLEDGES TO FIX CASH CRISIS IN SEVEN DAYS

President Muhammadu Buhari has appealed to Nigerians to give him seven days to resolve the lingering cash crisis causing economic havocs and heating...

Interest rate hikes affecting productivity – LCCI

The Lagos Chamber of Commerce and Industry has warned the Central Bank of Nigeria against frequent benchmark interest rate hikes, the saying...

JUST IN: Building collapses in Abuja, many feared trapped

A building under construction has collapsed in the Federal Capital Territory, Abuja with many feared trapped under its rubbles.

JUST IN: CBN directs banks to begin paying new naira notes

The Central Bank of Nigeria has directed commercial banks to start paying the new naira notes to customers over-the-counter in the banking...

Only CBN will accept old naira notes after Feb. 10 deadline, Emefiele clarifies

Godwin Emefiele, governor of Central Bank of Nigeria, CBN, has clarified reports on the use of the old naira notes, stressing that...

IMF Says Nigeria’s Economic Growth May Shrink To 2.9%

Nigeria’s economic growth is predicted to shrink by 0.3 percentage points from 3.2 per cent in 2023 to 2.9 per cent in...

Nigeria’s Public Debt Rises By 2.9% To N44.06trn In Q3, 2022

Nigeria’s public debt stock stood at N44.06 trillion ($101.91 billion) in the third quarter of 2022 (Q3’22), which is 2.85 percent higher...

Credit To Govt Rises By 8% To N24.6trn

Credit to the government rose month-on-month (MoM) by eight percent to N24.6 trillion in December 2022 from N22.6 trillion in November.

Buhari unveils $16m Kano solar power project

The President, Major General Muhammadu Buhari (retd.), on Monday, inaugurated the 10-megawatt Kano Solar Power Project funded by the Nigeria Sovereign Investment...

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