W’Bank Warns Incoming Govt, Projects Weak Economic Growth, Others The World Bank has said that the incoming administration in Nigeria will face weak economic growth and policy challenges this year. In its latest Africa’s Pulse report for April 2023, published on Wednesday, the bank predicted...

GOGETIT Takes CBN's e-Naira Crusade to Bwari, Onboard Residents GOGETIT Investment Ltd, a firm engaged by the Central Bank of Nigeria (CBN) to propagate the e-Naira message, has organised a sensitisation workshop for residents of Bwari in the Federal Capital Territory, Abuja. The firm on Wednesday...

Subsidy Removal: Oil Marketers Urges FG  to Provide FX at Official Rate Stakeholders in the downstream sector have called on the Federal Government to provide foreign exchange at the Central Bank of Nigeria’s rate to enable petroleum importation. The appeal was made during a virtual online...

Naira Crisis: Farmers Lose N30bn, Resort to Trade by Barter -  AFARN The All Farmers Association of Nigeria has disclosed that Many farmers, particularly those in remote villages, switched to trade by barter in order to feed, following the cash crunch caused by the naira...

FG Stops NLC’s Planned Nationwide Strike - Ngige The Minister of Labour and Employment, Dr Chris Ngige, has revealed that he was positive that the planned nationwide strike by the Nigerian Labour Congress would not hold. This, he explained, was because the Federal Government had intervened...

Bank Credit to Govt Rises by N28.43tn in Q1 The Central Bank of Nigeria has revealed that banks’ credits to the government rose by N3.77tn in the first two months of 2023. Its stated that the total government credit which ended December 2022 at N24.66tn rose...