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By Goodluck B Ikiebe As the World Bank-IMF Spring Meetings winds up, the Federal Government of Nigeria has stated that it plans to float a Diaspora Bond to attract funds held abroad by Nigerians at home and in the Diaspora.…
By Goodluck B Ikiebe Nigeria’s national electricity grid collapsed early on Monday at about 2:00 am, plunging the nation into total blackout. According to data from the Transmission Company of Nigeria (TCN), the four generation companies recorded 0MW generation from…
By Goodluck B Ikiebe The Nigerian Government has called on workers in the public service to uphold the highest degree of principles, standards, transparency, accountability and ethical values in the conduct of government business. The Permanent Secretary, Federal Ministry of…
By Oluwabunmi Stephen The United Nations Industrial Developmental Organisation (UNIDO) and the European Union (EU) have expressed their committment to support Nigeria’s efforts in decarbonizing its economy and achieving a transition to net zero by 2060 through increased use of…
By Goodluck B Ikiebe The Central Bank of Nigeria (CBN) has announced new minimum capital requirements for all banks operating in the country. Hakama Sidi-Ali, the spokesperson for the CBN disclosed this in a statement in Abuja on Thursday. Ali…
By Goodluck B Ikiebe The umbrella organisation of MSME association in Nigeria, MSME Forum, and the Raw Materials Research and Development Council, RMRDC, have signed a memorandum of understanding for economic growth and capacity building. At the signing ceremony in…
By Goodluck B Ikiebe President Bola Tinubu has established a 31-man Presidential Economic Coordination Council comprising himself, the Vice President, Senate President and the Chairman of the Nigerian Governors Forum, among others. Tinubu also established a 19-member Economic Management Team,…
By Goodluck B. Ikiebe The Nigerian government is working towards submitting an application to join international organisation, BRICS, and start trading crude oil in Naira. This was made known in a post shared via X (formerly Twitter) on Friday by…
By Goodluck B Ikiebe The Central Bank of Nigeria (CBN) has published a roster of eligible Bureaux De Change (BDCs) operators. The apex bank emphasized that all eligible BDCs must adhere rigorously to guidelines governing the sale of foreign exchange…
By Goodluck B Ikiebe The Central Bank of Nigeria (CBN) has revoked the operational licenses of 4,173 Bureau De Change (BDC) Operators. The bank’s Acting Director of Corporate Communications, Mrs. Sidi Ali Hakama, in a statement on Friday, March 1,…
