Banks staff experience 44.3% increase in salaries as banks incur N800 billion in 2023
Commercial banks in Nigeria spent N799.8 billion on staff salaries in 2023, a 44.3% increase from the previous year’s N554.2 billion, despite only a...
FG unveils 5.2 mmscfd of CNG plant in Lagos, plans six new stations nationwide
The Federal Government has inaugurated a 5.2 million standard cubic feet per day (mmscfd) Compressed Natural Gas (CNG) plant in Lagos in an attempt...
How tech startups in Nigeria can attract investments amid funding drought
David Inyang and his co-founders struggled to secure favorable investment terms for their fintech startup Jiggle, resulting in the company closing in 2021 despite...
CBN Sacks 200 Employees In Latest Restructuring Move
CBN Sacks 200 Employees In Latest Restructuring Move
The recent restructuring at the Central Bank of Nigeria (CBN) has resulted in the termination of approximately...
CBN withdraws circular on cybersecurity levy
The Central Bank of Nigeria (CBN) has withdrawn its circular mandating banks and payment service providers to collect and remit the cybersecurity levy as...
