Economy

CBN shuns critics to push cash withdrawal limit policy

By Onome Amuge Insists no going back on plan, take-off date  PoS operators may take a hit The sounds coming…

CBN shrinks daily withdrawal limit to N20,000

By Rosemary Iwuala The Central Bank of Nigeria (CBN)  has imposed fresh cash withdrawal limits on individuals and organisations, including…

DMO recommends efficient tax administration to tackle Nigeria’s debt burden

Cynthia Ezekwe The Debt Management Office (DMO) has called on the federal government to implement an efficient tax administration to…

Non-oil exporters repatriate $4,987bn into Nigeria in 3 quarters, says CBN

  By Cynthia Ezekwe    … pays N81bn to Nigerian exporters The RT200 scheme initiated by the Central Bank of Nigeria…

Nigeria’s economic growth slows to 2.25% in Q3 2022

  By Business AM   Nigeria’s economic growth slowed in the third quarter of 2022 compared to a year earlier…

CBN insists on cashless economy as Buhari unveils new naira notes

By Business AM Nigeria's President Muhammadu Buhari has unveiled the country's redesigned N200, N500 and N1,000 banknotes. The unveiling, which…