The United Bank for Africa has partnered with local microfinance institutions to drive the adoption of prepaid cards.
The total volume of currency circulating within the economy rose by 3.4 per cent to N1.47 trillion as at September, 2013, the Central Bank of Nigeria has said.
The Central Bank of Nigeria (CBN) would officially launch the second phase of the biometric details of all bank customers in the country.
A total of 112 out of 185 companies quoted on the Nigerian Stock Exchange have failed to pay dividends to their shareholders in 2013.
Equity transactions on the Nigerian Stock Exchange ended in the upbeat note with the market indices appreciating by 0.55 per cent.
11 December 2013, 14:38
A cross section of Nigerians have continued to suffer poor electricity despite promises by the government to improve the sector.
11 December 2013, 13:42
The Governor of the Central Bank says the apex bank will partner some satellite system companies to boost international telecommunication services in the country.
11 December 2013, 12:47
The NNPC has refuted reports credited to the Governor of the Central Bank of Nigeria alleging that the corporation failed to remit N8 trillion into the federation account.
11 December 2013, 11:24
The government has promised to address energy poverty in the country through its Rural Women Energy Security project.
11 December 2013, 08:40
Edo State Governor, Adams Oshiomhole, has identified the lack of a reliable National Data Bank as an impediment to national development.
11 December 2013, 07:58
Oil prices have edged lower in Asian trade with few leads to spur fresh market movement, but retained support from signs of resurgent demand in the US.
11 December 2013, 07:45
The NNPC hasn't accounted for nearly $50 billion in revenue from the
sale of crude oil which should have been paid into government
accounts under law.
10 December 2013, 21:16
Several communities in Ogoniland have shut down oil exploration activities of some multinational companies operating in Rivers State.
10 December 2013, 19:44
The Alliance for a Green Revolution in Africa has announced a five-year project that seeks to increase incomes of smallholder farmers through the creation of an enabling policy environment in Africa.
10 December 2013, 18:39
The Nigerian equities market recorded a marginal growth of 0.02 percent sending signals of likely bearish week ahead.
10 December 2013, 17:00
Bayelsa State government would set up a task force to deal with cases of oil theft and pipeline vandalism.
10 December 2013, 16:57
Nigeria is experiencing drop in revenues from the Nigeria Customs Service because of the federal government’s fiscal incentive.
10 December 2013, 15:39
To further enhance availability of cooking gas to low income earners, Oando Plc,is to invest N1 billion in the supply and distribution of the product.
10 December 2013, 13:24
Nigerian Communications Commission has said it will raise the standard of Key Performance Indicator for telecoms operators by January 2014.
10 December 2013, 12:35
The country’s top anti-corruption agencies have advised government to revisit some concession agreements reached with port management companies.
10 December 2013, 12:17
Time Tell Nigeria, the local firm, has sealed a deal with two British companies to market their products locally and other West African countries.
10 December 2013, 11:36
The Nigerian Agip Oil Company has began recovery and clean-up of crude discharged into the Atlantic Ocean from its oil export terminal.
10 December 2013, 10:35
The European Union (EU)) plans to increase financial aid to boost electricity supply in Nigeria in the next seven years.
10 December 2013, 08:08
Oil prices have rebounded in Asian trade, with strong US economic data lifting investor sentiment.
10 December 2013, 07:47
Finance minister offered a sobering view of the country's economy, saying growth has mostly benefited the rich and failed to generate enough jobs.