Politics
General news on the economy and politics.
It’s official: NIBBS, NEFT generate N80B online transfers daily
It appears cash-less banking is finally delivering on its promises. The CBN has just confirmed that online banking transfer between...
Read moreDetailsTwo Nigerian Firms Approved To Print Cheques And One Is A Quoted Company
Pursuant to the CBN local content policy they have selected to Nigerian companies who have the mandate to print cheques...
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Official – Lending Rate For Q1 2013 Still High At 23.8%Pa
Inflation like we are made to understand is single digits, bond yields, TB'S are also going down but as expected...
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Another Witch-Hunt? ==>> Cbn Spent N73million On Governors Residence
I just scooped this off Premium Times.... The committee said on Tuesday that the bank spent N23 million on the...
Read moreDetailsTAYO OVIOSU – “PAGA PROCESSED OVER 918,000 TRANSACTIONS WORTH OVER N9.8BILLION” IN 2012
A few weeks back (April 10, 2013) to be preciser, Businessday ran a cover that suggest Mobile Money was...
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Is It Time To Dump Or Buy The Pounds Sterling??
On a recent impromptu trip to the US, I borrowed about about £680 from a friend promising to repay on...
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UDO UDOMA IS NEW CHAIRMAN OF UNION BANK.
One of Nigeria's oldest bank has announced Senator Udo Udoma as their new Chairman. Union Bank announced the appointment...
Read moreDetailsCBN SAYS “WE DO NOT HAVE THE CAPACITY TO BAN — USE OF DOLLAR FOR LOCAL TRANSACTIONS”
In response to the House of Reps resolution that the CBN should ban the use of dollars for transactions...
Read moreDetailsNIGERIAN TREASURY BILLS YIELD NOW AT 16 MONTH LOW
The CBN announced that its one year Treasury Bill Yield fell to its lowest in about 16 months as off...
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NIGERIANS NOW TRANSFER N40B DAILY VIA NEFT AND NIP
"The Nigerian Inter Bank Settlement System (NIBSS) under its NIBSS Instant Payment (NIP) and Nigerian Electronic Fund Transfer (NEFT) claims...
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