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Nigeria Medical Association dispel rumours of Ebola in Lagos airport
There has been widespread panic all over Lagos following social media reports that a passenger allegedly infected with the deadly Ebola virus landed at the Murtala Mohammed International Airport from DR Congo. The adult female passenger who was reportedly acutely ill, febril...
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African Development Bank raises alarm on rising debts among African nations
Despite the low international debt threshold of many African countries, Nigeria inclusive, a message from the African Development Bank (AfDB) the weekend was that of caution and pursuit of growth with escalated obligations. Nigeria may well benefit from the advice, going by ...
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Nigeria yet again loses 1,507.3MW as electricity grid collapse continues
The total quantum of electricity generated on the Nigeria’s power grid fell by 1,507.3 megawatts, dropping from a peak of 4,845.4MW to 3,338.1MW, the latest data from the Federal Ministry of Power, Works and Housing has revealed. Aside from the recent drop in power generatio...
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#EndSARS: The Barbarians Are Back Again! – By Kunle Wizeman Ajayi
Yesterday, there was a shocking report of youth along Lagos-Abeokuta Expressway on rampage, setting fire all around the highways over yet another of the several killings that have happened since the elections: officers of the Federal Special Anti-Robbery Squad (FSARS) shot d...
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Online betting firms continue to flourish in Nigeria
Online sports betting is booming in soccer-mad Nigeria largely thanks to payment systems developed by homegrown technology firms that are starting to make online businesses more viable. For years, mobile payments failed to take off in Nigeria as they have in countries such a...
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Chude Jideonwo, Adebola Williams unveil cover for new book, ‘How to Win Elections in Africa...
RED co-founders, Chude Jideonwo and Adebola Williams yesterday unveiled the cover for their forthcoming book – ‘How to Win Elections in Africa: Parallels with Donald Trump’. Scheduled for release in November, the book chronicles the ideas and ideals imperative for Africans a...
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Recent figures obtained from the Central Bank of Nigeria (CBN) have shown that the apex bank disbursed the sum of N607.87 billion credit to some Deposit Money Banks to fund some 587 agricultural projects. CBN detailed in its latest economic report for April 2019, that the mo...
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Facebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across the globe, in a move that could potentially shake up the world’s banking system. Libra is being touted as a means to connect people who do not h...
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The Central Bank of Nigeria (CBN) has directed banks to commence funding for small holder farmers and companies producing five products under its export facilitation initiative (EFI). The five products are palm oil, cashew, cocoa, sesame see and shea. In a circular, the apex...
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Despite the low international debt threshold of many African countries, Nigeria inclusive, a message from the African Development Bank (AfDB) the weekend was that of caution and pursuit of growth with escalated obligations. Nigeria may well benefit from the advice, going by ...
![]({"large":{"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/09\/Naira-now-1024x599.jpg","width":"1024"},"full":{"0":"2017\/09\/Naira-now.jpg","1":"1536","2":"899","3":false,"file":"https:\/\/bizafricadaily.com\/wp-content\/uploads\/2017\/09\/Naira-now.jpg"}})
The Central Bank of Nigeria (CBN) has declared that Nigeria currency (Naira) exchange rate is now floated, which implies that the Naira exchange rate will now be fully determined by market forces of demand and supply. Exchange rate float: According to the information obtaine...
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The total quantum of electricity generated on the Nigeria’s power grid fell by 1,507.3 megawatts, dropping from a peak of 4,845.4MW to 3,338.1MW, the latest data from the Federal Ministry of Power, Works and Housing has revealed. Aside from the recent drop in power generatio...
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Nigeria Medical Association dispel rumours of Ebola in Lagos airport
There has been widespread panic all over Lagos following social media reports that a passenger allegedly infected with the deadly ...
Central Bank of Nigeria disburses N607 billion to fund agricultural projects
Recent figures obtained from the Central Bank of Nigeria (CBN) have shown that the apex bank disbursed the sum of N607.87 billion ...
Facebook launches cryptocurrency Libra in bid to shake up global finance
Facebook has announced a digital currency called Libra that will allow its billions of users to make financial transactions across...
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Nigeria to begin issuance of residence permit to foreigners to curb banditry/insurgency
The Nigeria Immigration Service (NIS) will in the next three months commence the issuance of residence permits to foreign national...
