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Naira Depreciates Further Against the Dollar Across FX Markets
The naira experienced renewed depreciation against the dollar on Wednesday at both the official and black market foreign exchange rates. Data from FMDQ...
CBN’s Push for Financial Inclusion: Expanding Access to 28 Million Unbanked Nigerians
The Central Bank of Nigeria (CBN) has revealed that approximately 28 million Nigerians, primarily in rural areas, lack access to banking services. This...
Federal Government Overhauls Nigeria’s Aging National Grid to Boost Power Supply and ility
In an effort to address Nigeria’s frequent power disruptions and enhance overall supply, the Federal Government has announced plans to overhaul the national...
CBN Confirms No Deadline for Old Naira Notes, Dispels December 2024 Rumors
The Central Bank of Nigeria (CBN) has clarified that there is no cutoff date for using the old N200, N500, and N1,000 Naira...
Diaspora Remittances: Nigeria’s Leading Source of Foreign Exce, Says NIDCOM CEO
Dr. Abike Dabiri-Erewa, the Chief Executive Officer of the Nigerians in Diaspora Commission (NIDCOM), highlighted that diaspora remittances are Nigeria’s largest source of...
VeryDarkMan Reveals Don Jazzy as N100 Million Donor to His NGO
Social media activist VeryDarkMan has disclosed that music producer Don Jazzy is the generous mystery donor behind a N100 million contribution to his...
Boosting India’s Economy: The Case for Increased Female Workforce Participation
India's manufacturing sector stands to gain significantly if more women join the workforce, with a projected increase in output of 9%, according to...
World Bank Approves $1.57 Billion to Boost Nigeria’s Health Sector
The World Bank has announced the approval of three significant financing packages totaling $1.57 billion aimed at enhancing the health sector in Nigeria....
Jaiz Bank Donates N100 Million to Assist Borno State Flood Victims
In a demonstration of corporate empathy and social responsibility, Jaiz Bank has donated N100 million to assist flood victims in Borno State. The...
