Business

In the detailed presentation sent to Nigerian banks on the e-Naira project, CBN sets a transaction limit for customers, non-interest-bearing CBDC status, and an account value limit. Nairametrics reported that the CBN sent a presentation…

The Nigerian naira has continue to fall against the dollar at the parallel market on Wednesday after staying steady at 515/$ in recent days. mNaija learnt that the local currency has dropped to 517 against the US currency at the parallel…

Vice President Yemi Osinbajo, SAN has commended the African Export-Import Bank (AFREXIM) for its efforts in stimulating and developing African trade, including its many engagements in Nigeria. Prof. Osinbajo made the observation today at…

The Central Bank of Nigeria (CBN) said that it has no plan to convert the foreign exchange in domiciliary accounts of bank customers into naira as speculated. This was disclosed by the Acting Director in charge of Corporate…

The African Development Bank (AfDB) has pledge a support of $150 million to women in the agriculture sector before the end of this year. Beth Dunford, AfDB vice-president for agriculture, human and social development, revealed this at…

Customers and the general public has been assured by the body of Bank Chief Executive Officers (CEOs) has assured that Deposit Money Banks (DMBs) are ready to supply dollars enough to meet demands that might come from the Bureau De Change…

Have you registered your business or urgently need your Corporate Affairs Commission (CAC) details? You don't need to be looking for certificate or panic over the status of your business registration. There is a CAC verification site that…

The Central Bank of Nigeria (CBN) has announced the ban of sale of Foreign Exchange (Forex) to Bureau De Change (BDCs) operators in the country. While speaking at the end of the monetary policy committee meeting in Abuja on Tuesday, the…

MultiChoice Nigeria has introduced three DStv business packages with curated content to suit business owners and organizations. The DStv Business packages, which contain curated content are aimed at ensuring business owners and…

The Central Bank of Nigeria (CBN) has finally announced that it will be launching the pilot scheme of its digital currency on October 1, 2021. The Apex bank with its stakeholders outlined its digital currency initiative via a private…

For the first time since June 22, the bitcoin rate fell below the $ 30,000 mark – the currency not only reached its minimum values ​​in a month, but also negatively affected the rates of other crypto assets. According to the…

A secondary school located in Kano State has confirmed that parents now have the option to pay their school fees of their children and wards who are students of the school using cryptocurrency. The school, New Oxford Science Academy,…

The Central Bank of Nigeria (CBN) will soon start minting money for the Central Bank of the Gambia. This is coming after an agreement has been reached in principle between the CBN Governor, Godwin Emefiele, and his Gambian counterpart, …

The Central Bank of Nigeria, CBN, has announced is planning to launch its digital currency before end of this year. The apex bank has also intensified efforts through awareness fair for easy access to its various intervention funds. The…

MTN Nigeria Communications Plc has announced the payment of N9.40 as total dividend for the year ended December 31, 2020, representing 18.7 percent over N7.92 declared in 2019. While speaking at the company’s Annual General Meeting…

Nigerians who use Unstructured Supplementary Service Data (USSD) services are now being charged N6.98 for each transaction session. USSD allows users who don’t have access to a smartphone, data/internet connection or physical banking…

The Central Bank of Nigeria (CBN) has yet again officially devalued naira as a result of its introduction of the new Nigerian Autonomous Foreign Exchange (NAFEX). The Nigeria apex bank has depreciated the currency by 8 percent, to…

Successful pitches to get up to N3,000,000 each Scheme has 3-month moratorium Application opens May 10

Management of Dangote Cement Plc has clarified that the price of a bag of cement from its factories and plants across Nigeria (as at 12th April, 2021) is N2,450 in Obajana and Gboko, and N2,510 in Ibese inclusive of VAT. The…

Peradventure you (or anyone around u) lose a phone, here is a guide to prevent financial losses. The thieves steal victims' money from their bank accounts using USSD. So in case anyone loses phone around you, quickly help deactivate…