Finance
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Workers kick as governors borrow N2.2tn from banks
Amid worsening revenue challenges, state governments’ indebtedness to commercial banks has risen to N2.2tn. The latest data from the quarterly…
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PoS operators divided as new charges commence
A group of Point of Sales operators in Nigeria have protested against the increased service charges in the country which…
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43million Nigerians shut out of Buhari’s cash transfer — Report
No fewer than 42.69 million poor Nigerians were excluded from the Federal Government’s N5,000 monthly cash transfer since its inception…
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CBN revokes 179 microfinance banks, others’ licenses
The Central Bank of Nigeria has revoked the licences of 179 microfinance banks in the country, as well as four…
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May Day: Benue workers decry nonpayment of salaries, pension
The Benue State Nigeria Labour Congress Chairman, Terungwa Igbe, has asked the state government to settle all unpaid salaries arrears…
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Kwara PoS operator lavishes N280m received in error
Policemen have arrested a Point of Sale operator who reportedly went on a spending spree after N280m was erroneously transferred…
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NIGERIA HAS AN IMMEDIATE OPPORTUNITY TO RAISE $300 BILLION AND TRIPLE HER ECONOMY
I love challenging our thinking and jarring my readers’ imaginations from time to time. Last week, I wrote about the…
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New naira pains persist despite fresh CBN orders
Barely three days after the Central Bank of Nigeria declared old N1,000, N500 and N200 notes as legal tender, Deposit…
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Naira crisis: Banks ration old notes, NLC insists on seven-day ultimatum
Deposit Money Banks have begun to ration the disbursements of old N1,000 and N500 notes to their customers amid uncertainty…
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Governors give Malami, Emefiele Tuesday ultimatum to obey Supreme Court
State governments, which sued the Federal Government on the naira redesign policy, have given the Attorney-General of the Federation and…
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