The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) has launched the Non-Resident Bank Verification Number (NRBVN) platform. The innovative digital gateway allows Nigerians in the diaspora to obtain a BVN remotely without the ...
Read More »Category Archives: ECONOMY & MONEY
We Haven’t Started Voter Registration – INEC
With a focus on credibility, compliance, and measurable impact, the Champions of Nigerian Content Awards set a new standard for excellence in Nigeria’s energy sector. The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, has announced ...
Read More »New Revenue Allocation Formula Long Overdue, RMAFC Tells FG, NASS
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has reminded the federal government and the National Assembly (NASS) that the current revenue allocation formula has been there for over 16 years in violation of the five years constitutional provision. This ...
Read More »Trade Ministry, NGX Group Partner To Achieve $6bn Investment Target
The federal ministry of Industry, Trade and Investment (FMITI) and the Nigerian Exchange Group (NGX Group). have partnered in a move to achieve $6bn Investment Target. This collaboration was highlighted during the distinguished Closing Gong Ceremony at the NGX, Lagos, ...
Read More »NEC Approves Textile Board, $90bn Livestock Plan
To reposition Nigeria’s economy and tackle insecurity at its roots, the National Economic Council (NEC) has approved the establishment of a Cotton, Textile and Garment Development Board, alongside new strategies for agribusiness expansion and livestock transformation projected to generate up ...
Read More »IMF Urges Nations With Huge Debts To Seek Restructuring
The International Monetary Fund (IMF) yesterday advised heavily-indebted countries to seek debt restructuring where necessary to restore macroeconomic stability and sustainable growth. In a report titled: “Toward a Better Balanced and More Resilient World Economy” released ahead of the IMF/World ...
Read More »Census Committee Members Selected On Merit – Presidency
The Presidency has dismissed criticism from sections of the media regarding the recently constituted committee on the proposed National Census, describing the backlash as “laughable and ill-informed.” Special Assistant to the President on Social Media, Segun Dada, in a post ...
Read More »National Census 2025: President Tinubu Inaugurates National Census Committee
…Gives Three-Week Deadline For Report President Bola Ahmed Tinubu has inaugurated a high-level committee on the forthcoming national population and housing census on Wednesday. The committee will submit an interim report within three weeks. The President said the census is ...
Read More »Tech Expert Pushes For Innovation In Digital Banking, Financial Inclusion
In the dynamic world of digital banking and financial technology, Nigerian fintech strategist and product innovator, Ayomide Olupitan, has emerged as one of the leading voices in financial inclusion and technological disruption. As the co-founder leading product and operations at ...
Read More »Sterling Bank Reiterates Transfer Fees Removal
Sterling Bank has eliminated transfer fees on its digital banking platform in a significant move that changes the dynamics of the Nigerian banking sector. This decisive move makes Sterling the first major Nigerian bank to forgo earning a cut from ...
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