According to the joint statement signed, the N6.98k per financial transaction conducted at Commercial Banks and all CBN-licensed institutions would replace the current per session billing structure which was N10, thereby ensuring a cheaper average cost for customers to facilitate financial inclusion.
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Consequently, the aggregate foreign exchange inflow in the fourth quarter of 2020 was $23.6bn, compared with $21.46bn and $36.32bn in the third quarter of 2020 and the corresponding quarter of 2019, respectively.
It appears the Q1 pledge of President Muhammadu Buhari’s government has been achieved. Official figures…
Under the terms of the MoU, Afreximbank and AAAM will work together to enhance the emergence of regional value chains with a focus on value-added manufacturing created through partnerships between global original equipment manufacturers, suppliers, and local partners.
Nigeria has some of the oldest political office holders and government appointees in Africa. For…
In a bid to find solutions to the infrastructural deficits in Nigeria, President Muhammadu Buhari…
The World Bank has approved $500 million to support the Nigerian in strengthening its electricity…
Consequently, the All-Share Index grew by 86.97 basis points or 0.21 per cent from 41,001.99 index points last-week to 41,088.96, while the market capitalization of equities appreciated by N46bn to close at N21.49tn from N21.45tn.
Nigeria’s Supreme Court on Friday dismissed an appeal by one Ali Abacha, a brother to…
The Nigerian Stock Exchange market capitalisation on Friday dropped further by N51 billion on sustained…