Nigeria Newspapers Online
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Category: Business
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Four days that shook the US banking system
Categories: BusinessContinue Reading: Four days that shook the US banking systemIt all began Wednesday night with a liquidation announcement from the small regional Silvergate Bank, a favourite among the cryptocurrency crowd. The California business was swept up in several crypto…
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Despite naira scarcity, e-payment falls to N37.67tn
Categories: BusinessContinue Reading: Despite naira scarcity, e-payment falls to N37.67tnCashless transactions fell to N37.67tn in February 2023 as Nigerians had to grapple with failed and delayed cash transfers. This was a 4.83 per cent fall from the N39.58tn that…
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Cut costs or business will exit for US, Chinese markets, employers tell EU
Categories: BusinessContinue Reading: Cut costs or business will exit for US, Chinese markets, employers tell EUThe European Union must urgently lower energy prices and ease regulations to stop industry from fleeing the continent, European businesses said on Monday, as Brussels prepared plans to stimulate the…
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Old naira notes remain legal tender in Lagos –Sanwo-Olu
Categories: BusinessContinue Reading: Old naira notes remain legal tender in Lagos –Sanwo-OluThe Governor of Lagos State, Babajide Sanwo-Olu, on Monday said the old naira notes remain legal tender in the state. Sanwo-Olu, in a statement signed by the Commissioner of Information…
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New substations, transformers push power above 4,000MW
Categories: BusinessContinue Reading: New substations, transformers push power above 4,000MWPower generation on the national grid has continued to hover above 4,000 megawatts since January this year, following the deployment of transformers, substations and other accessories to boost supply. Grid…
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Economy loses N20tn on CBN’s 70% cash mop-up – Report
Categories: BusinessContinue Reading: Economy loses N20tn on CBN’s 70% cash mop-up – ReportNigeria’s economy is grinding to a halt and has lost about N20tn following the over 70 per cent mop-up of cash by the Federal Government through the Central Bank of…
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Commuters, others face hard times as old notes rejection continues
Categories: BusinessContinue Reading: Commuters, others face hard times as old notes rejection continuesThe rejection of old notes by transport operators, fuel stations, traders, and other businesses continued over the weekend, leaving many bank customers, workers and commuters stranded in various parts of…
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Association tasks charcoal producers on afforestation
Categories: BusinessContinue Reading: Association tasks charcoal producers on afforestationThe National Charcoal Producers, Dealers and Exporters Association of Nigeria is set for a consultative meeting with government agencies to sensitise charcoal stakeholders on the importance of afforestation. The association…
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Association to sensitize charcoal producers on afforestation
Categories: BusinessContinue Reading: Association to sensitize charcoal producers on afforestationThe National Charcoal Producers, Dealers and Exporters Association of Nigeria is set for a consultative meeting with government agencies to sensitise charcoal stakeholders on the importance of afforestation. The association…
