Bukola
The naira weakened significantly against the dollar at the parallel market yesterday, dropping to a record low of N982/$1 from N962 per dollar on Tuesday, accord- ing to traders. New Telegraph learnt that the naira’s…
Abdulwahab Isa
Processing of licence, approval and other requests for microfinance banks (MFBs) by the Central Bank of Nigeria (CBN) are now to be done through an approved porter (CBN LARP). The new online platform billed to…
Tony Chukwunyem
I f his nomination by President Bola Tinu- bu as Governor of the Central Bank of Nigeria (CBN) is confirmed by the Senate, Mr. Olayemi Cardoso and his team at the apex bank are likely…
Bukola
The Minister of Budget and Economic Planning, Sen. Abubakar Atiku Bagudu, has reiterated the commitment of the Ministry to strengthen its collaboration with the United Nation Women (UN-WOMEN) going by its strategic role as the…
Success Nwogu
The price of diesel in Nigeria has skyrocketed to N1000 per liter and above. Findings by the New Telegraph yesterday revealed that it sold N1,000 per litre in many parts of Lagos, Ogun, and Ondo…
Regina Otokpa
Interswitch, one of Africa’s leading integrated payments and digital commerce companies, has said a digital tax collection system in Nigeria would enable efficient transactions, and increase government and business revenue streams. The Managing Director, Industry…
Success Nwogu
Foreign investors have pledged to invest about $19.4bn in different sectors in Nigeria over a few years. The investors who were attracted by Silicon Valley Nigerian Economic Development, Inc., (SVNED) revealed this on Wednesday on…
Goli Innocent
As Africa grapples with soaring inflation rates, a new report reveals that bitcoin and other cryptocurrencies are experiencing a surge in transactions in Nigeria and Uganda. New Telegraph gathered, according to findings that specifically, transactions…
Goli Innocent
Nigerian Naira slips to a record low on the parallel market as shrinking dollar supply from the Central Bank of Nigeria (CBN) forces buyers to the street for hard currency. The naira was changing hands…
Goli Innocent
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced it granted Noretek Energy, an Approval to Construct (AtC) for a 500 Metric Tonnes (MT) of Liquefied Petroleum Gas (LPG) in Gwagwalada, Abuja. The…