Naira: Customers Opt For epayments As Shortage Lingers   More customers are opting for electronic means of payment as naira scarcity worsens. Some bank customers and PoS operators who spoke to our correspondent said there was an increase in the epayment transactions. A...

CBN Suspends New Applications For Intervention Loans   The Central Bank of Nigeria (CBN) has stopped accepting new loan applications for processing under any of its existing intervention programmes and schemes. The central bank disclosed this in a circular dated December 8,...

Senate Condemns Trade Ministry Over Alleged N1bn Geneva Trip   The Senate Committee on Trade and Industry on Tuesday condemned the alleged allocation of N1bn for a foreign trip to Geneva, Switzerland, by the Ministry of Trade and Investment. Members of the...

Inflation: CBN to Maintain Tight Monetary Policy in 2024   The Central Bank of Nigeria (CBN) is likely to maintain a tight monetary policy stance to rein in inflation in 2024 according to analysts. Tight monetary policy is a set of measures...

We Will Sell Off 40% Stake in Discos, Says BPE   The Bureau of Public Enterprises (BPE) has said that it intends to sell remaining 40 per cent shares of the government in electricity distribution companies on the capital market in...

Former NIMC Boss, Eng. Aziz Bags Identity Management Award in Paris   The Secure Identity Alliance (SIA) has presented Engr. Aliyu Abubakar Aziz, the former Director General/CEO of the National Identity Management Commission (NIMC) with an award in Paris for his...