The Central Bank of Nigeria (CBN) has postponed the official launch of its digital currency, the E-naira. According to the…
Browsing: Business/Economy
Former Nigerian oil minister Diezani Alison-Madueke implemented a shakedown scheme that required NNPC contractors to pay $300,000 per month as…
China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for digital currencies…
Nigeria’s currency crisis will only get worse if the country fails to diversify but continues to rely on its crude…
In June 2021, the Central Bank of Nigeria (CBN) announced plans to launch a digital currency dubbed the ‘e-Naira’ by…
Africa’s richest man Aliko Dangote is in talks with some of the world’s biggest oil traders to help finance his…
The Nigerian National Petroleum Corporation (NNPC) slashed the various fees collected by directors of the national oil company from N606…
Nigeria’s Federal Inland Revenue Service (FIRS) has asked lawmakers to insert the collection of Value Added Tax (VAT) under item…
Yewande Sadiku, executive secretary of the Nigerian Investment Promotion Commission (NIPC), has called for the renegotiation of 80 percent of…
Commercial loans obtained by Nigeria through Eurobonds rose from $1.50bn as of December 31, 2015 to $10.87bn as of December…