History was made by the Central Bank of Nigeria (CBN) on Monday 25 October 2021, with the eNaira recorded amongst the first Central Bank Digital Currencies in the world. The Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, which was launched in Abuja, was a culmination of several...
It was encomium galore for the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele as eminent personalities in Nigeria and across the globe joined him, his family and loved ones to mark his 60th birthday and extoled his role in the economic development of the country. Emefiele,...
Coronavirus is a contagious disease caused by Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2 ). The first known case was identified in Wuhan, China, in December 2019. The highly contagious disease which is contracted when droplets from an infected person enters the eyes, mouth and nose of another person has...
Stella Enenche writes that, like many fashion statements in the past, low-cut/tinted hair has now assumed a prominent place among ladies - with loud expression. Hair, they say, is the crown of every woman. In Nigeria, for instance, the woman is expected to grow her natural hair, in order to...
In 2015, the Federal Government introduced the National Social Investment Programme (NSIP), as a deliberate effort to pull many Nigerians out of poverty through capacity building, investment and direct support. N-Power is a component of the NSIP and all other components of it have come under supervision of the Ministry...
It started like a novel initiative no one gave a chance. A perceived national cake programme, in our local parlance, baked for everyone to share as usual. Almost five years down the lane, Anchor Borrowers’ Programme (ABP) has proved doubting ‘Thomases’ wrong. ABP, an initiative of the CBN Governor, Godwin...
The recent inauguration of the Nigeria Immigration Service (NIS)’s N9.1 billion Technology Building in Abuja provides a convergence point for security agencies in the country to address the degenerating security issues including porous border lines while enhancing economic integration and population control. TheFact Nigeria reports. The Economic Recovery and Growth...
The Central Bank of Nigeria (CBN)'s Anchor Borrowers’ Programme (ABP) has not only ensured that Nigeria attains self-sufficiency in food production, but has helped in the return of pyramids in the country. Recall, pyramids were built in northern Nigeria in cities such as Kano, Kaduna, where groundnut production was a...
In an apparent move to deepen the foreign exchange market, provide more liquidity, and create more transparency in the administration of Diaspora Remittances into the country, the Central Bank of Nigeria (CBN) recently announced an amendment of procedures for receipt of diaspora remittances. CBN said, with the new policy, Nigerians...
We’ve all likely stayed later at work when we’ve been super busy or had to catch up on work, however sadly, in recent years, long working days and taking work home has become the norm for many employees. Not only is this causing employees to miss out on enjoying the...