Economy
199 export firms to get N308.45 billion in Promissory Note from FG
About 199 exporting companies have received about N308.45 billion from the Nigerian government in promissory Notes, which were approved by the National Assembly
Nigeria missing in list of African countries with the worst inflation rates in 2023
Nigeria was not named among the top 10 countries in Africa with the worst inflation rates, which has been credited to a number of factors like naira scarcity.
Report says high-interest rates will make Nigerians, citizens of 9 other countries unable to borrow money
Nigerians and citizens of nine other countries may not have access to loans because of high-interest rates caused by high inflation. Zimbabwe tops the list.
4 days after CBN's order, Nigerians continue to queue for cash as banks complain of old notes’ shortage
Several bank customers are lamenting the continued scarcity of old naira notes despite CBN's new directives four days after, while banks say they have no cash
Ex-CBN deputy governor Kingsley Moghalu points out two problems with naira design policy
Former CBN Deputy Governor Kingsley Moghalu said there are two problems with the recent naira redesign policy of the Central Bank of Nigeria as many felt bad.
Presidential Council Rejects N1,000 NIN verification fee for passport application
Presidential Enabling Business Environment Council (PEBEC) has rejected the N1000 NIN verification fee for passport application and asked that NIMC reviews.
Economy
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