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Spending 90% Of Revenue On Debt Servicing Unsustainable, says Sanusi

A former Governor of the Central Bank of Nigeria (CBN) and immediate past Emir of Kano, Sanusi Lamido Sanusi, says spending up to 90 per cent of the country’s revenue on debt servicing is unsustainable. Sanusi stated that by the end of

August 16, 2021

Finance & Economy·Top Stories

New USSD Charges Threaten Mobile Payments

THE charges for bank customers using the Unstructured Supplementary Service Data (USSD) for payments have discouraged many Nigerians from using the service, investigation by Prime Business Africa has shown. Some USSD users who spoke with our reporter on the issue, lamented that

August 16, 2021

Healthcare: NHIS To Improve Coverage Through Technology

The National Health Insurance Scheme (NHIS) has assured Nigerians that technology will be used to ensure a systematic coverage of the informal sector as well as the public and private sectors by 2030.

August 15, 2021

News

NiMET Predicts 3-day Thunderstorms, Rains

THE Nigerian Meteorological Agency (NiMet), has predicted three days of thunderstorms and rains across the country. This prediction was contained in NiMet`s weather outlook released on Saturday in Abuja.

August 15, 2021

News·Top Stories

Infrastructure Deficit Hinders Industrialisation In Africa – AfDB

LACK of infrastructure and competitiveness hinder industrialisation process in Africa, Mr Emmanuel Akinwunmi, the Principal Private Sector Specialist, African Development Bank (AfDB) has said.

August 15, 2021

Finance & Economy·Top Stories

Commercial Banks Record Over 300,000 Unresolved Complaints

IN the space of one year, commercial banks in Nigeria recorded 329,496 unresolved customer complaints. The banks are Zenith Bank, Guaranty Trust Bank, First City Monument Bank, Fidelity Bank, Union Bank, Sterling Bank, WEMA bank, Polaris bank, Access Bank, Union Bank and

August 15, 2021

Finance & Economy·Top Stories

Bank Of Ghana, German Firm Partner To Create Digital Currency

The Bank of Ghana has signed an agreement with a German firm, Giesecke Devrient to implement its pilot central bank digital currency project. According to Bitcoin, this is a prelude to the e-cedi digital currency that is set to be tested with

August 15, 2021

Finance & Economy·Top Stories

Honeywell Gains N3.57bn In Four Days

Honeywell Flour Mills has gained N3.57 billion after four consecutive days of positive trading. At the close of business on Friday, Honeywell Flour Mills Plc recorded 9.63% gain due to buy-interests in the shares of the company which induced a gain of

August 14, 2021

Finance & Economy·Top Stories

Stock: Regency Leads Top Ten Brokers By Volume

REGENCY Assets Management Limited led the top ten brokers by volume according to the Nigerian Exchange Group‘s weekly broker performance report. The report covering between 09/08/2021 and 13/08/2021, shows that Regency Assets Management Limited traded 755,880,111 units accounting for 23.47% of the

August 14, 2021

Finance & Economy·Top Stories

Inflation Will Drop To Single Digit By 2022 – CBN

THE Central Bank of Nigeria has said that with the implementation of its recent policies designed to boost different sectors of the economy, the country’s inflation will drop to single digit by 2022.

August 14, 2021

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Editor

Spending 90% Of Revenue On Debt Servicing Unsustainable, says Sanusi

New USSD Charges Threaten Mobile Payments

Healthcare: NHIS To Improve Coverage Through Technology

NiMET Predicts 3-day Thunderstorms, Rains

Infrastructure Deficit Hinders Industrialisation In Africa – AfDB

Commercial Banks Record Over 300,000 Unresolved Complaints

Bank Of Ghana, German Firm Partner To Create Digital Currency

Honeywell Gains N3.57bn In Four Days

Stock: Regency Leads Top Ten Brokers By Volume

Inflation Will Drop To Single Digit By 2022 – CBN

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