Nigeria: OMO offerings to non-residents soon phasing out – CBN
The Central Bank of Nigeria, CBN is in the process of shutting down Open Market Operations, OMO sales – a mean of expeditious profit for …
Category: Featured
ATM fingerprint biometrics cash withdrawal now available in Nigeria
Biometrics is making a new appearance and taking a new role in the banking system. Fingerprint ATM cash withdrawal is now adopted by most banks …
AfCFTA shipping requirements and licences for Nigeria
All participating countries of the African Continental Free Trade Area (AFCFTA) have a uniform procedure and documentation requirements for shipping. However, certain factors can make …
NCC says forceful subscription to VAS by telcos should be reported
The Nigerian Communications Commission, NCC has called out Nigeria to report forceful subscription into Value Added Services, (VAS) by mobile data operators. The Director of …
Lower electricity bills in Nigeria with these 10 simple tricks
Lowering electricity bills in Nigeria Estimated billing and metering are among the top complaints that the Nigerian Electricity Regulatory Commission, NERC receives yearly, data shows. …
Nigeria GDP: ICT record 15% growth, drives the non-oil sector
ICT in Nigeria drove the Non-oil sector which contributed 91.84% to the real GDP. The report by the National Bureau of Statistics, NBS, shows a …
Recovering goods seized by the customs in Nigeria
Procedures for seized goods by the customs in Nigeria The law of the federation of Nigeria empowers the custom to detain, seize or dispose of …
Nigeria close to exiting recession records 1.92% GDP contraction
Nigeria annual overall GDP in 2020 went from N71.39 trillion recorded in 2019 to N70.01 trillion a -1.92% contraction. Nigeria appears to be approaching the …
Nigeria – Inflation Index Up To 16.75% In January 2021
Values from the Consumer Price Index report for January 2021 supplied by the National Bureau of Statistics, NBS shows an inflation rate of 16.47% (year-on-year) …
The U.S to support Ngozi Okonjo-Iweala to be first female WTO head
Okonjo-Iweala to get support from the U.S to become first female WTO head this Monday The Trump administration had criticised Nigeria’s Ngozi Okonjo-Iweala and compared …