Nigeria’s Digital Infrastructure Inadequate to Support Transition - W’Bank The World Bank says has pointed Nigeria’s digital and financial infrastructure is inadequate to support a swift transition to a cashless economy. The bank stated that this was one of the reasons the Central Bank of Nigeria’s...

Naira Appreciates by N763/$ at CBN Window The naira has appreciated by 0.68 per cent against the United States dollar on the Investor & Exporter forex window. The local currency closed at N763/$ on Tuesday, compared to N768.17/$ at the close of trading on Monday. There was...

NDPB Faults CBN Social Media Handles Request The National Commissioner for the Nigeria Data Protection Bureau, Dr Vincent Olatunji, has kicked against the regulation of the Central Bank of Nigeria mandating financial institutions to obtain social media handles, among other data, of customers. While speaking on...

Travellers Kick as Naira Devaluation Drives Up Airfares The Central Bank of Nigeria’s decision to devalue the naira has led to a substantial increase in airfares, thereby negatively affecting the summer holiday arrangements of several travellers, Funmi Fabunmi. The summer travel season was eagerly anticipated by...

eNaira: Easing Nigeria’s Brain Gain with Diaspora Remittances, by Abdulrahman Abdulraheem   Nigeria, the Giant of Africa and the most populous black nation on Earth has over the decades regarded agriculture, and later oil and gas, as the mainstay of her economy. The country’s successive economic planners...

Inflation: LCCI Urges FG to Cut Taxes on Basic Items The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to cut taxes on basic food items to mitigate the effect of rising inflation on the most vulnerable Nigerians. LCCI made the...