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CBN Increases Interest Rate To 17.5%

adminJanuary 24, 2023January 24, 2023

by adminJanuary 24, 2023January 24, 202300

The Monetary Policy Committee of the Central Bank of Nigeria, CBN, has voted to increase the benchmark interest rate by 100 basis points, from 16.5%...

Business news

Cash Swap: CBN Bars Abuja And Lagos PoS Operators

adminJanuary 24, 2023January 24, 2023

by adminJanuary 24, 2023January 24, 202300

Mobile money/Point of Sales agents in Abuja and Lagos have been excluded from the Central Bank of Nigera’s newly launched cash swap programme. CBN outlined some...

Business news Technology

Telcos Threaten To Withdraw USSD Services Over N80bn Debt Owed By Banks

adminDecember 29, 2022December 29, 2022

by adminDecember 29, 2022December 29, 202200

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has threatened to stop the use of unstructured supplementary service data (USSD) following debts owed by...

Business news

Ghana Introduces Visa-On-arrival For All Travellers

adminDecember 23, 2022December 23, 2022

by adminDecember 23, 2022December 23, 202200

The Ghanaian government says it will issue visa on arrival to travellers entering the country from December 22, 2022, to January 15, 2023. Kwaku Ofori Asiamah,...

Business news

World Bank Says Naira Redesign Will Affect The Poor And SMEs

adminDecember 20, 2022December 20, 2022

by adminDecember 20, 2022December 20, 202200

The World Bank has raised an alarm about the negative effect the Naira redesign will have on Nigeria’s economic activity. In a new report titled “Nigeria...

Business news

FG Permits Nigerians With Expired Passport To Return Home

adminDecember 14, 2022December 14, 2022

by adminDecember 14, 2022December 14, 202200

Nigerians returning home with expired passport for the December holiday, will now be allowed into the country. This was disclosed in a letter from the Comptroller-General...

Business news

Moment Asake’s Trouser Tore While Performing At His London Show (Video)

adminDecember 12, 2022December 12, 2022

by adminDecember 12, 2022December 12, 202200

Nigerian superstar singer, Asake suffered a wardrobe malfunction during his recent show in London. The singer’s trouser tore as he tried completing his “gbese” dance...

Business news

Why Visa Appointments Have Extended To As Far As 2024 – US Consul-General, Will Stevens, Speaks

adminDecember 11, 2022December 11, 2022

by adminDecember 11, 2022December 11, 202200

The United States Consul General in Lagos, Will Stevens, has given reasons US visa appointments for Nigerians have been extended to as far as 2024...

Business news

Elon Musk Warns Of Twitter Bankruptcy As More Senior Executives Quit

adminNovember 12, 2022November 12, 2022

by adminNovember 12, 2022November 12, 202200

Twitter’s new owner, Elon Musk has raised the possibility of the social media platform going bankrupt. Bloomberg News reports that the world’s richest man on...

Business news

Late Microsoft Co-Founder’s Art Collection Sells For $1.5 Billion (Photos)

adminNovember 12, 2022November 12, 2022

by adminNovember 12, 2022November 12, 202200

The art collection of Paul Allen, the man who co-founded Microsoft with Bill Gates in 1975 has garnered $1.5 billion in auction. Allen who passed...

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Category: Business

CBN Increases Interest Rate To 17.5%

Cash Swap: CBN Bars Abuja And Lagos PoS Operators

Telcos Threaten To Withdraw USSD Services Over N80bn Debt Owed By Banks

Ghana Introduces Visa-On-arrival For All Travellers

World Bank Says Naira Redesign Will Affect The Poor And SMEs

FG Permits Nigerians With Expired Passport To Return Home

Moment Asake’s Trouser Tore While Performing At His London Show (Video)

Why Visa Appointments Have Extended To As Far As 2024 – US Consul-General, Will Stevens, Speaks

Elon Musk Warns Of Twitter Bankruptcy As More Senior Executives Quit

Late Microsoft Co-Founder’s Art Collection Sells For $1.5 Billion (Photos)