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Buhari seeks Senate confirmation of Adamu, Ahmad as CBN deputy governors
President Muhammadu Buhari yesterday sought the Senate to confirm the nomination of Edward Adamu and Mrs Aisha Ndanusa…
Bill to institutionalise social investment programme scales second reading in Senate
A bill to institutionalise the National Social Investment Programme (NSIP), yesterday, scaled second reading in the Senate. This…
CBN restricts cash withdrawals to N100,000, N500,000 per week
Effective January 9, 2023, individuals can only withdraw N100,000 cash per week, while organisations are limited to N500,000…
LCCI tasks FG on closing leakages, others to enhance risk rating
The Lagos Chamber of Commerce and Industry (LCCI), yesterday tasked the Federal Government to close leakages to boost…
Remittances to SSA rise 5.2% to $53bn in 2022, says World Bank
Remittances to low and middle-income countries withstood this year’s global headwinds, growing an estimated 5% to $626 billion.…
WEF says 67% of SMEs worldwide fighting for survival
Latest research by the World Economic Forum (WEF), and the National University of Singapore Business School, indicates that…
Insecurity is fuelling poverty, governors tell FG
The Nigeria Governors’ Forum (NGF), has reiterated that widespread insecurity in the country is responsible for the high…
Nigeria earns $4.9bn from CBN RT200 FX programme
The Central Bank of Nigeria (CBN), yesterday said about $4.987 billion have so far been repatriated into the…
Fear not; your deposits are safe, NDIC reassures
By Clara Nwachukwu The Nigeria Deposit Insurance Corporation (NDIC) has reassured depositors of the safety of their monies…
NDIC links rising incidence of Ponzi schemes to economic hardship
By Clara Nwachukwu The Nigeria Deposit Insurance Corporation (NDIC), has attributed the rising incidence of Ponzi schemes to…