KWARA State is the highest producer of Catfish in Nigeria as Farmers claimed that no less than 45 tonnes of fish loaded in buses move out of the state daily, deputy coordinator of fish farmers in the state, Brigadier General…
AT least 6,047 Bank Verification Numbers of bank customers have been placed under the Central Bank of Nigeria watch list for fraudulent transactions, Trojan.com.ng has learnt. This was contained in the CBN Financial Stability June 2022 report published in December 2022.…
THE Deputy Governor, Financial System Stability, Central Bank of Nigeria, Aisha Ahmad, has said the amount spent on maintaining the naira has increased by N10bn annually. Ahmad, who revealed this on Friday during her appearance before the House of Representatives…
By, THANDISIZWE MGUDLWA Collaborations, partnerships and support of multi-sectors are key in this mission THE Non -Governmental Organisations, which includes Charities, Co-operatives and all other Community Based or so called Non Profit Organisations (NPO) ,…
THE Naira on Friday exchanged at 456.50 to the dollar at the Investors and Exporters window. The figure represented a decrease of 0.05 per cent, compared with N456.25 it exchanged on Thursday. The open indicative rate closed at N451.38 to…
THE Central Bank of Nigeria has increased the maximum weekly limit for cash withdrawals across all channels by individuals and corporate organisations to N500,000 and N5 million, respectively. The directive is contained in a circular issued by the bank on…
BANKS have reduced the volume of new naira notes they dispense to customers per cash withdrawal by about 50 per cent leading to increased anxiety over the January 31st deadline when the old notes will cease to be legal tender.…
…as ICT quarterly revenue grows to N418bn THE President, Major General Muhammadu Buhari (retd.), on Tuesday, said the auctioning of the 5G spectrum alone generated $547m. He also lauded the contributions of the digital economy in driving growth, creating employment…
MARITIME Workers Union of Nigeria, MWUN, yesterday called the Federal Government to compel the International Oil Companies, IOCs, to obey the Marine Notice 106 of 2014 and allow stevedoring companies to deploy Dockworkers into their platforms to avoid industrial unrest.…
THE naira was this year under so much pressure such that its value dropped to the lowest ever at around N900 to the dollar, a situation that was prompted by several factors. Aside from speculators pushing the value of the…
