Insurance Sector Records 12% Growth In Q4, 2022
Nigeria’s insurance industry grew by 12.25 per cent in the fourth quarter of 2022, figures obtained from the National Bureau of Statistics have revealed.
According to the NBS report on Nigeria’s Gross Domestic Product for Q4 2022, the...
Nigeria’s GDP Rose by 3.52% In 4th Quarter - NBS
According to the National Bureau of Statistics (NBS), Nigeria’s Gross Domestic Product (GDP) grew by 3.52 percent in the fourth quarter of 2022. The NBS made this claim in the Nigerian GDP Report for Q4...
Cash Crunch: CBN Launches USSD for eNaira
The Central Bank of Nigeria has launched the USSD channel of the Central Bank Digital Currency tagged the eNaira on Bullnet platform to boost the usage of the platform.
It was launched in Lagos on Thursday during an event...
Commercial Banks to Shut Branches Early Ahead of 2023 Election
Deposit Money Banks have announced they will be closing early on Friday, a day ahead of the presidential polls holding nationwide on Saturday.
In notices issued by banks to their customers seen by our correspondents, the...
Naira Scarcity: Customers Fight Over N5,000
The continued scarcity of the naira has increased the hardship of many bank customers who are now forced to join long queues to withdraw N5,000 over-the-counter.
This has increased the frustration of many people waiting to collect cash and has...
Amid FG Borrowings, Money Supply Reached N53.27trn In January
On the back of the federal government increased borrowing, money supply (M3) in the economy increased to N53.27 trillion in January 2023, representing a 17.87 per cent Year-on-Year (YoY) increase from N45.19 trillion reported in January...
