Business

United Nations Nigeria partners Sterling One Foundation to co-convene ASIS 2024

  United Nations Nigeria partners Sterling One Foundation to co-convene ASIS 2024 United Nations (UN) in Nigeria, led by the Resident Coordinator, Assistant Secretary-General Mohamed Malick Fall has committed to galvanizing the private sector for stronger partnerships and more impactful investments towards acceleration of the Sustainable Development Goals (SDGs). This[Read More…]

CBN speaks on Inflation Rate

CBN speaks on Inflation Rate     The Central Bank of Nigeria’s governor, Olayemi Cardoso, has assured that the Monetary Policy Committee will take all necessary measures to combat and control the country’s ongoing inflationary pressures.   The CBN’s hawkish stance on inflation had become obvious from the first MPC[Read More…]

Tinubu orders suspension of Cybersecurity levy

Tinubu orders suspension of Cybersecurity levy   President Bola Tinubu has told the Central Bank of Nigeria (CBN) to suspend the implementation of the cybersecurity levy policy. This comes after the policy was greeted with widespread condemnation.   According to the Act, a levy amounting to 0.5 per cent of[Read More…]

Nigeria’s Finance Minister Calls on Foreign Investors to Invest in Emerging Economy     The minister of finance and coordinating minister of the economy, Wale Edun, has commended the outgoing World Bank Country director, Dr Shubham Chaudhari for his significant contributions to Nigeria’s economic growth At an event held in[Read More…]

FG denies demanding $150m bribe from Binance

FG denies demanding $150m bribe from Binance   The federal government has accused Binance of blackmail after the company alleged officials demanded $150 million in cryptocurrency payments as a bribe to settle the prosecution of its executives in Nigeria. On Tuesday, Richard Teng, Binance’s chief executive officer (CEO), said some[Read More…]