World News

Stakeholders to brainstorm on cash-less policy

The Central Bank of Nigeria, international and local institutions and stakeholders will converge on Lagos for a conference on the cash-less policy introduced by the CBN. A statement made available to our correspondent on Tuesday said the experts would be drawn from various relevant sectors of the economy like banking, […]

Nigeria naira firms to 2-week high vs dollar

The Nigerian naira firmed to its strongest in two weeks against the U.S dollar on the interbank market on Wednesday, supported by dollar sales by a unit of Chevron, traders said. The currency closed at 157.20 to the dollar on the interbank, firmer than the 157.35 to the dollar it […]

AMCON to take over assets of chronic debtors

The Asset Management Corporation of Nigeria will obtain court order to take over assets of some debtors who have made no reasonable progress to pay back their debts, investigation by our correspondent has revealed. It was gathered from a top official in AMCON on Tuesday that although some debtors were […]