CBN Takes eNaira Campaign to Premier University in Nigeria   The Central Bank of Nigeria (CBN) has taken its cashless policy sensitisation to the University of Nigeria, Nsukka (UNN) saying that the policy is aimed at reducing physical cash transactions and...

NAHCON Issues 48-Hour Deadline For Remittance Of Hajj Fares   Chairman National Hajj Commission of Nigeria, NAHCON, Alhaji Zikrullah Kunle Hassan has given Friday 28th April as deadline for 2023 Hajj fare remittance by boards, agencies and commissions of State Muslim...

Foreign Transactions On NGX Drop By 53%   The transactions done by foreign investors on the Nigerian Exchange Limited (NGX) decreased by 53.16 per cent from N19.62bn (about $42.51m) to N9.19bn (about $19.94m) between February and March 2023. This was disclosed in...

USSD: Banks, Telcos Meet As Debt Hits N100bn   The accumulated debt from Unstructured Supplementary Service Data which Deposit Money Banks owe telecommunication firms has risen to over N100bn. As a result, banks and telcos are expected to hold another round of...

Foreign Airfares Hit New High As Airlines Settle For N582/$1   For the third time in less than a month, the rate of exchange (RoE) applicable to foreign airlines has ballooned, hitting N582/$1 with attendant spike in the cost of international...

Cooking Gas Price Rises By 22.03% — NBS   The National Bureau of Statistics (NBS) has disclosed that the average price of 5kg of cooking gas rose year-on-year (YoY) by 22.03 per cent to N4, 610.48 in February 2023 from N3,778.30...