Monday, March 16, 2026
CBN directs banks, IMTOs to settle diaspora remittances in Naira to boost foreign currency liquidity
Business a.m. The Central Bank of Nigeria (CBN) has mandated Deposit Money Banks (DMBs) and International Money Transfer Operators (IMTOS)...
Read moreDetailsNigerian households borrow more as personal loans jump 14.3% amid stinging inflation
Business a.m. Recent data from the Central Bank of Nigeria (CBN) has revealed that everyday Nigerians are turning to credit...
Read moreDetailsGlobal gold rush sees investors adamant despite rising prices
ONOME AMUGE IN LAGOS The price of gold has been on a sparkling run in 2024, increasing by 12 percent...
Read moreDetailsEmbedded payment transaction value to reach $2.5trn by 2028
Grow by 134% on 2024 value of $1.1trn Revenue to reach $228.6bn by 2028 PHILLIP ISAKPA IN LONDON, UK...
Read moreDetailsNigeria’s debt jumps 25% to N121.67 trn in Q1’24-DMO
Nigeria’s total public debt rose to N121.67 trillion or about $91.46 billion, increasing by N24.33 trillion or 24.99 percent in...
Read moreDetailsCAAF24 advocates climate change focus in African economic development
Onome Amuge The Climate Action Africa Forum 24 (CAAF24), organised by Climate Action Africa (CAA), a leading Africa-focused social enterprise...
Read moreDetailsWorld Bank’s logistics assessment points to slow performance in Nigeria with 88th position out of 141 countries
Business a.m. Nigeria has made only marginal improvements in its performance in the World Bank Logistics Performance Index (LPI) as...
Read moreDetailsGlobal traveller outlays to reach $8.6trn on 2024 full travel recovery
Boom returns to global tourism and hospitality industry Domestic travel to grow 3%, reach 19bn lodging nights 2030 International...
Read moreDetailsSoaring inflation makes mincemeat of Tinubu’s shaky economic agenda
May CPI pile more misery on household Millions more hit multidimensional poverty hole ONOME AMUGE IN LAGOS, NIGERIA Nigeria’s economy...
Read moreDetailsNigeria’s micro pension scheme fails to ignite, 5 years after take-off
Hamstrung by low adoption rate Stymied by slow growth Cynthia Ezekwe Half a decade after its debut, Nigeria’s micro-pension...
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