Subsidy Removal:FG Highlights Improved Average Monthly Revenue of Over 1 trn
….Up from Average Monthly Revenue of N650b The Federal Government has disclosed that the Federation Account is witnessing improved revenue inflow since the removal of...
Category : Banking and Finance
Old Naira Notes to Remain Legal Tender Indefinitely
…..as CBN Cancels December 31 Deadline Nigeria’s apex bank has announced its desire to extend the legal tender status deadline of the old design N200,...
All Banknotes Issued by the CBN Remain Legal Tender
The Central Bank of Nigeria says its attention has again been drawn to reports of a scarcity of cash across some major cities in the...
CBN Will Focus On Price Stability, Says Cardoso
…… as Sanusi, Awosika, Impact Investing Community Visit The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated that under his leadership,...
Robust FinTech Critical for Deepening Financial Inclusion in Nigeria – Maida
The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry...
Naira Redenomination: How Mischief Makers Tweaked an Old SMS to Mislead the Public
….CBN Says No Such Plan The Central Bank of Nigeria has denounced reports in the media which suggest that the apex bank is in the...
FG Restates Commitment to Implement Financial Inclusion Across All MDAs
The Federal Government has reiterated its determination for full implementation of financial inclusion in all Ministries, Departments and Agencies. The Director Economic Research and Policy...
Federation Account: FG, States, LGCs Share N903.480bn for September 2023
………from Gross Total of N1594.763 trn The Federation Account Allocation Committee (FAAC), at its Meeting chaired by the Honourable Minister of Finance and Co-Ordinating Minister...
CBN Lifts 8-Year Restriction on 43 Items, Commits to FOREX Market Liquidity
The Central Bank of Nigeria (CBN) has lifted the restriction on 43 items which were barred from accessing foreign exchange via the official window by...
Kayi App Secures Regulatory Approval, Promises Banking Without Limits
Kayi App (www.kayi.ng), a secure and innovative pan-African Digital Payment Platform, today announced it has obtained necessary regulatory approvals to launch in Nigeria to accelerate...