
Ruth Okwumbu
400 articles published since 06 Dec 2024
400 articles published since 06 Dec 2024
The federal government owes huge sums to the electricity generation and distribution companies, and these debts are inhibiting the players from investing.
There has been a public outcry against exploitative real estate practices, with many Lagosians complaining of fees running as high as 40% of rents.
Customers on Band A feeders expect to get a minimum of 20 hours of electricity supply, but got a prolonged blackout on most days and 8 hours supply on other days.
With iPhone components like screen panels, and chips made in South Korea, Taiwan and China, moving entire production to the USA could come at a huge cost to users
Heritage Bank’s operating license was revoked in June 2024, and the Nigeria Deposit Insurance Corporation took over its assets to liquidate and settle depositors.
The arrests were made in a South-eastern state in Nigeria, after the commission received a tip-off about the unauthorised buying of NIN from the public.
President Donald Trump's recent announcement hiking import tariffs to the US, triggered reactions across stock markets across the world including Nigeria.
3 years after launch, the e-naira is yet to live up to the many expectations listed by the CBN. A Blockchain expert suggested ways to increase adoption.
The Cash Reserve Ratio of 50% mandates Deposit Money Banks to keep 50% of their deposits idle with the CBN, without getting any interest paid on it.
Ruth Okwumbu
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