Economy

The World Bank has said it disagrees with the Central Bank of Nigeria on how it is going about to achieve its price stabilisation objective. The Country Director for Nigeria, World Bank, Shubham Chaudhuri, said this in an…

FBN Holdings Plc, the holding company of First Bank Nigeria Limited, has confirmed Mr. Tunde Hassan-Odukale as the single-largest shareholder. The bank said with 5.36 percent equity holding, Hassan-Odukale is its largest…

The E-Naira speed wallet has disappeared from the Google Play Store barely 48 hours after its launch, The PUNCH has observed. However, our correspondent learnt that the eNaira merchant wallet, which is designed for businesses, is…

President of the African Development Bank, Akinwumi Adesina has faulted the lack of reliable power supply as an obstacle to Nigeria’s industrial growth. He said this on Tuesday at the 49th annual general meeting of the…

Bitcoin’s price has crashed yet again, wiping hundreds of millions of pounds from cryptocurrency markets and sending traders into a huge panic. The world’s most popular cryptocurrency plummeted below $59,000 following the “flash…

Internet fraudsters, popularly known as yahoo boys are on the prowl after the official launch of e-Naira by the Central Bank of Nigeria President Muhammadu Buhari had on Monday launched the Central Bank Digital…

NewsBand has obtained Dollar to Naira rate at the official and black market exchange rate Today October 27, 2021. How Much Is Dollar To Naira Exchange Rate Today Official Rate? The official rate today, Wednesday October 27, for $1…

Kano State Government has demanded a one per cent special status in the Federal revenue allocation formula. The demand was made in a memorandum presented by the Secretary to the State Government and head of Kano state delegation,…

The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on track to gobble up N2.9tn this year. Its Country Director for Nigeria, Shubham Chaudhuri, who spoke on Monday at a…

Access Bank Plc has signed an agreement with Atlas Mara Ltd. on a merger between African Banking Corporation Zambia Ltd., and its subsidiary, Access Bank Zambia Ltd. The bank’s Group Managing Director/Chief Executive Officer, Dr Herbert…