New Naira: CBN To Withdraw POS Operators License Over High Charges
The Central Bank of Nigeria (CBN) yesterday said it would withdraw the licenses of Point of Sale (PoS) agents found culpable of inflating the charges on customers who withdraw...
FG Rakes In N3.63bn From Postal Services
The National Bureau of Statistics (NBS) said the Nigerian Postal Service raked in N3.63 billion in 2021.
The collection, however, dipped by 22.79 per cent compared to the revenue that it earned the previous...
ILO Says Global Unemployment To Hit 208 Million
The International Labour Organisation (ILO) has projected that global unemployment would rise slightly by around 3 million to 208 million in 2023.
The United Nations agency also said this would mark a reversal...
FG Disburses N16.8bn Cash Grants To Over Two Million Vulnerable Nigerians
The Federal Government has disbursed over N16.8bn as grants and Conditional Cash Transfers to more than two million Nigerians since the commencement of the CCT programme in 2016.
Data obtained...
Naira Redesign Policy: Of Faulty Assumptions, Systemic Risks and Ways Out
The current cash crunch is the dominant issue in Nigeria today. To go about their daily lives, many people all over the country are spending countless hours on never-ending...
Cashless Economy With Tears!, by Hameed M. Bello
Cashless economy is the vogue in many digital economies of the world, and Nigeria does not want to be caught napping, or so it seems. Countries that have since gone cashless include...
