The Central Bank of Nigeria has said cryptocurrencies promote illegal activities and raise risks, among other reasons. It said this on Sunday in a statement regarding various comments and reactions following its recent reminder to […]
A new Central Bank of Nigeria directive, dated February 5, 2021, has ordered all deposit money banks, non-bank financial institutions and other financial institutions that have opened windows for dealing in cryptocurrencies or facilitating payments […]
Ogun State Government has reiterated its commitment to reviving the state’s economy by empowering interested farmers, especially youths, through various commodities, including cotton production. The Commissioner for Agriculture, Dr. Adeola Odedina, while reacting to The […]
The new directive by the Central Bank of Nigeria (CBN) directing financial institutions to close accounts of crypto traders may have come to many as a huge surprise. However, this is not the first time […]
Cryptocurrency is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure online transactions. Advertisement It has become a widely accepted means of […]
The Central Bank of Nigeria (CBN) has warned commercial banks and other financial institutions to desist from dealing in cryptocurrencies as it is illegal. The apex bank stated this on Friday in a statement on […]
A former Nigerian minister, Ngozi Okonjo-Iweala, has expressed appreciation to the United States, President Muhammadu Buhari and Nigerians for the support she has enjoyed thus far in her bid to become director general of the […]
South African company, Multichoice that operates the DStv and GOtv in Nigeria, has ruled out the possibility of implementing pay-as-you-go in the pay television industry in the country. According to the firm, such a subscription […]
• ExxonMobil posts first annual loss in 40 years ’Femi Asu with agency reports The international oil benchmark, Brent crude, rose more than two per cent on Tuesday, hitting a 12-month high after major crude […]
9mobile and Globacom have failed to meet key performance indicators stipulated by the Nigerian Communications Commission, the latest report by the industry regulator has shown. According to the report obtained by our correspondent on Monday, […]
Nigeria needs to implement key reforms in order to get the economy out of the current doldrums and achieve sustainable inclusive growth, the World Bank and the Chairman of the Presidential Economic Advisory Council, Dr […]
The Ogun State Government, in partnership with the National Centre for Agricultural Mechanisation (NCAM), has commenced the harvest of mechanically cultivated rice using the SAWAH Eco-Technology for Rice Farming (SERIF). Governor Dapo Abiodun who flagged-off […]
The Ogun State Government, in partnership with the National Centre for Agricultural Mechanisation (NCAM), has commenced the harvest of mechanically cultivated rice using the SAWAH Eco-Technology for Rice Farming (SERIF). Governor Dapo Abiodun who flagged-off […]
By Babajide Komolafe The Central Bank of Nigeria, CBN, yesterday warned the Federal Government (FG) against imposing another total lockdown of the country, saying such a move would be catastrophic to Nigerians and the economy. […]
Telecommunications companies have been licensed to register people who do not have National Identity Numbers so as to reduce the large crowds at the offices of the National Identity Management Commission, the NIMC has said. […]
The Gambian-born aspirant for the position of the Commissioner for Agriculture, Rural Development, Blue Economy and Sustainable Development in African Union, Mr. Ernest Reuben Aubee has pledged his commitment to ensuring food and nutrition security, […]
The Central Bank of Nigeria (CBN) has directed banks to deny exporters with unrepatriated export proceeds from accessing all banking services by January 31. The apex bank issued this directive in a circular sent to […]
The Central Bank of Nigeria (CBN) has again warned international money transfer operators (IMTOs) and unlicensed companies to stop facilitating diaspora remittances into the country in naira. CBN, in a statement released on Friday and […]
The National Agricultural Seeds Council (NASC) has reiterated its commitment to ensuring quality of agricultural seeds, seedlings and other inputs as fundamental requirements for productivity of farmers. The council said intensive agricultural practices by using […]
As land borders were closed in August 2019, and emphasis was placed on locally-produced and processed rice, Mr Afiz Oladejo, a medium-sized rice processor based in Lokoja, Kogi State, pooled more resources together from friends, […]
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