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CBN To Establish Virtual Reality Museum

Central Bank of Nigeria (CBN) has begun the process for establishment of digital museums in Nigeria by way of Virtual Reality Museum where Nigerians would be able to view through its proposed Currency Museum Gallery from anywhere using technological gadgets. CBN said until museums embrace new approaches as regards to …

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BAT’s Commitment To DEI Recognised As Director Of External Affairs Joins The Institute Of Directors Nigeria

BRITISH American Tobacco (Nigeria) Ltd. is proud to announce that the Director of External Affairs, Odiri Erewa-Meggison, has been inducted as an associate at the Institute of Directors Nigeria (IoD Nigeria), alongside 99 others, at the flag-off of its 40th anniversary event that was held in Lagos recently. The induction …

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Angola Overtakes Nigeria As Top African Crude Oil Producer

Angola has now emerged the topmost crude oil producer in Africa, upstaging Nigeria as the latter’s output level hits a new low. The direct communication data in the April 2023 monthly oil market report (MOMR) of the Organization of Petroleum Exporting Countries (OPEC) shows that Angola recorded 1.06 million barrels …

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Only 57.4m Nigerians Have BVN – CBN Governor

The Central Bank of Nigeria (CBN) has said out of over 200 million Nigerians, only 57.4 million possess Bank Verification Number (BVN). The apex bank had partnered with the Nigerian Interbank Settlement System (NIBSS), bankers committee and deposit money banks to launch the BVN project in February 2014. The BVN …

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Dangote Commits Over N9.2trn To Pan-African Investments

Africa’s foremost entrepreneur and President of Dangote Group, Aliko Dangote, has urged African countries to dismantle all economic barriers hindering free trade among the nations while committing over $20 billion (about N9.2 trillion) on pan-African investments through the Dangote Industries Limited (DIL). Dangote stated this in Lagos at the launch …

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Why New Naira Notes Are Scarce – CBN

• Consumers, businesses groan over elusive notes • Advocate calls for higher value banknotes And that was even made possible by the Supreme Court which, in a landmark ruling on March 3, extended the validity of the old N200, N500 and N1000 notes till December 31, 2023. A seven-member panel …

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