Rush to banks as CBN takes further action on BVN defaulters
Recently, banks in Nigeria have reportedly experienced a surge in new Bank Verification Number (BVN) registrations following the announcement by...
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Debt dangers in Africa: how defaults hurt people, and why forgiveness isn’t the answer
By Philippe Burger, Dean of Faculty of Economic and Management Sciences, and Professor of Economics, University of the Free State...
Nigeria uses 96% revenue to service debt – World Bank
The World Bank has reported that 96.3 percent Nigeria’s revenue was used to service national debt in 2022, a situation...
Disappearance of new naira notes worries Anambra residents
Barely one month after the reintroduction of old N200, N500 and N1,000 notes, some residents of Anambra have decried the...
Strengthening social protection key to Africa’s development – IMF
The International Monetary Fund (IMF) and African Caucus have said that strengthening social protection is key to Africa’s development. This...
Shipping companies to bear cost of cargo tracking note
The Nigerian Shippers’ Council (NSC) has reassured the Manufacturers Association of Nigeria (MAN) that shipping companies will bear the cost...
Electricity customers increase to 10.94m
The National Bureau of Statistics (NBS) says the number of Electricity Distribution Companies (DisCos) customers in Nigeria increased from 10.81...
Stock market closes negative, sheds N418bn
The equities market on Monday opened the week on negative note, sheding N418 billion due losses in largely capitalised stocks....
NCC begins training on digital technologies for Igbinedion varsity staff
The Digital Bridge Institute (DBI) on Monday began a five-day training on advanced digital appreciation programme for 100 staff members...
Buhari provides brighter future for energy in Nigeria
President Muhammadu Buhari on Monday in Abuja presided over the Nigeria International Energy Summit (NIES) 2023 where he explained that...
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