CBN digital currency, e-naira could offer a major boost
The introduction of the e-naira by the Central Bank of Nigeria, CBN as a scheme in the protection of the local currency could also give …
Category: Finance in Africa
PAPSS, single currency within the AfCFTA holds promises
African Continental Free Trade Area (AfCFTA) single currency. As part of a joint effort, the Economic Commission for Africa (ECA), the African Association for Public Administration …
What $3.4bn SDR from IMF means for Nigeria and its foreign reserve
Before the SDR from the IMF, Nigeria had its foreign reserve quoted at $33.54 billion. Global multilateral lender, the International Monetary Fund (IMF) has confirmed …
Simple ideas to make money, generate extra cash in Nigeria
Pick ideas, find a strategy and research what’s needed to extra money in Nigeria. With at least one stable income stream, anyone can generate extra …
Banks in Nigeria introducing online buying and selling of foreign exchange, FX
Bankers’ Committee in Nigeria has said that it plans to move FX sales online. Online FX is convenient for buying one currency and selling another …
What does the newly signed Petroleum Industry Bill (PIB) contain – a look at the complaints
Nigeria’s petroleum industry bill, PIB, has been in dispute for close to two decades. On Monday, President, Muhammadu Buhari, signed it into law despite objections …
President Muhammadu Buhari signs Petroleum Industry Bill, (PIB) 2021
President Muhammadu Buhari has signs the Petroleum Industry Bill, PIB 2021 into law while isoalting and working from home. The President assented to the PIB …
DPR Gas Network Code attracts $500m in the first year
DPR Gas Network Code The Department of Petroleum Resources (DPR) has said that its Nigerian Gas Transportation Network Code (NGTNC) has drawn investment proposals of over …
Things to know about the CBN, federal reserve, monetary policy
There are so many things that to know about the operations and activities of the CBN. The CBN is a fully autonomous body, performing its …
How to access credit as an MSMEs, small business in Nigeria
Credit access that is available to MSMEs, businesses in Nigeria. The Central Bank of Nigeria, CBN, has been cautious about access to credit for micro, …