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Analysts Anticipate Devaluation despite rise in Naira

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by Abiodun Jimoh Niaira rises against the United States dollar over the weekend but analysts appear not to be satisfied with a relatively overpriced local...

New Naira Notes: Bankers working hard to bring Situation under Control-CIBN

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The management of Chartered Institute of Bankers (CIBN) has recently expressed empathized with the banking public on the difficulties encountered in accessing the new...

Court tags Zenith Bank fraudulent’, to pay N2.5bn To Customer

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The Lagos State Special Offences Court has warned the Nigerian public to be careful in their dealings with Zenith Bank Plc., calling the bank...

Electoral Act: Tell NASS to override Buhari or expunge direct primaries — Aniagwu urges...

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Delta State Commissioner for Information, Mr Charles Aniagwu has urged the National Assembly to remove the contentious direct primaries from the new electoral reforms...

FX scarcity bites harder in Nigeria

 By NIYI JACOBS The recent shortage in Dollar supply amidst increased demand has worsened the pressure on the Naira. Though the exchange rate at the...

FG Introduces Digital Tokens to Replace NIN Slip Jan 1st

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FG Introduces Digital Tokens to Replace NIN Slip The Federal Government has introduced a suite of digital Tokens to replace the ageing NIN slip and...

Achieving goal of $200 billion in FX repatriation

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The Central Bank of Nigeria (CBN) is working hard to achieves the goal of $200 billion in FX repatriation, exclusively from non-oil exports, over...

Warri Pilotage District: Zidon Engineering debunks mischievous publication on service withdrawal over NPA debts

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*Says it never stopped towage services in Warri Pilotage District Zidon Engineering Services LTD, a major player in Nigeria’s maritime and transport sector has refuted...

Naira Devaluation:Evaluating its Unintended Consequences on Nigeria Economic Growth

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Abiodun Jimoh With steep inflation and unemployment that have lifted the poverty index, another round of devaluation of the Nigerian local currency, Naira, could...

Customers stranded over FCMB Network failure.

Many banks' customers have expressed their dissatisfaction over the banking operational failure of FCMB, across their all branches on Friday Businessnewsng.com gathered that customers were...

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Bankers to host Afreximbank Boss at CIBN Annual Lecture in Lagos

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His Excellency, Professor Benedict Okey Oramah, CON, FCIB, President and Chairman Board of Directors, African Export-Import Bank (Afreximbank) will be discussing critical issues that...

LAWMA Celebrates Female Staff on International Women’s Day

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The Lagos Waste Management Authority (LAWMA), with Godrej, May & Baker,has marked the International Women's Day by celebrating the femalestaff, as the real faces...

INEC Shifts Governorship, State Assembly Elections to March 18

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The Independent National Electoral Commission has postponed the governorship and state assembly elections till March 18. The exercise was previously scheduled to hold on March...