Economy

CBN has authorised banks to dispense, accept old notes, Soludo confirms

By Business AM  The Central Bank of Nigeria (CBN) has directed deposit money banks across the country to dispense old…

New NDDC board bogged down by N3trn legacy debts

By Ben Eguzozie Contractors besiege board Onochie, board chairperson, begs for time After $40bn or N15trn in 20yrs, not a…

Nigeria grows VAT revenue 23% to N697bn in Q4 2022

By Cynthia Ezekwe Nigeria generated N697.38 billion as  value-added tax (VAT) aggregate revenue in the fourth quarter (Q4) of 2022…

A new dawn for startups, entrepreneurs in Ghana 

  By Isaac AIDOO, in Accra, Ghana    Ghana’s entrepreneurial ecosystem has in the past years been quite buoyant due…

Supreme Court extends validity of old naira notes as legal tender till December 2023

By Business AM The Supreme Court of Nigeria has ruled that the old N1000, N200 and N500 notes should remain…

Stanbic IBTC PMI report blames cash shortages for contraction in business activities 

By Business AM Stanbic IBTC Bank, has faulted the cash shortages across the Nigerian economy for the negative impact on…