Business

The Senate on Tuesday commenced debate on the general principles of the 2022 budget. President of the Senate, Ahmad Lawan, who presided over the session, said that the debate will be concluded on Wednesday President Muhammadu Buhari had on last Thursday, submitted the 2022 Appropriation Bill to a joint sitting …

There are indications that the price of Premium Motor Spirit (PMS) may hit N320 per litre later this month as the Federal Government has concluded plans to remove subsidy on the product as part of the ongoing implementation of the Petroleum Industry Act (PIA). It was gathered that the skyrocketing …

OSBC29 September, 2021 The Central Bank of Nigeria has launched a website detailing its CBDC, the eNaira. Stating that the eNaira is both a medium of exchange and a store of value, the CBDC will be used in retail payments and remittances. Citizens can begin right away by downloading the app, which …

OSBCSeptember 28, 2021 Japan is set to lift the coronavirus state of emergency this week for the first time in more than six months, in a bid to reactivate its economy as infections slow. Japan’s COVID emergency, one of the longest in the world, to be lifted in a bid …

OSBCSeptember 28, 2021 Quiffs, mohawks, and crew cuts were hairstyles Nader Shah was accustomed to styling for image-conscious young men in Afghanistan’s third-biggest city of Herat. But since the Taliban swept to power in mid-August, Afghans have little cash to spare and fear being punished for sporting short or fashionable …

OSBCSeptember 28, 2021 The Federal Government has banned over 2,000 Nigerians and foreigners from traveling abroad and into the country for a period of one year. The National Incident Manager (NIM) of the Presidential Steering Committee (PSC) on COVID-19, Mukhtar Muhammad, made this known during a press briefing in Abuja on Monday. Muhammad …

The Central Bank of Nigeria’s eNaira website has gone live ahead of the October 1 official launch. According to the website, www.enaira.com, “eNaira is a CB -issued digital currency that provides a unique form of money denominated in Naira.” Find out what makes the eNaira different from the money in …

Access Bank Plc is set to reward 14 customers with N1million each in the DiamondXtra Independence Splash to commemorate Nigeria’s 61st Independence Anniversary. Mr Victor Etuokwu the bank’s Executive Director, Retail Banking, made this known in a statement made available to the newsmen in Lagos on Monday. “The DiamondXtra Independence …

National Bureau of Statistics (NBS) says the all-commodity group import index grew marginally by 1.07 per cent between April and June. It said this on Wednesday in Abuja, in the “Commodity Price Indices and Terms of Trade for Quarter Two, 2021” published on its website. According to the report, the …

A few weeks to the 17th All Nigeria Editors’ Conference, many corporate organisations and security agencies, including, Tony Elumelu Foundation, Central Bank of Nigeria (CBN), Globacom, Air Peace, Zenith Bank Plc, Access Bank Plc, Department of State Security (DSS) and others, have backed the conference.   The editors’ conference, which is the …