Nigeria’s domestic borrowing costs dropped to the lowest level since March 2013 as a strengthening naira eased pressure on inflation and bolstered demand for the debt of Africa’s largest economy. The Central Bank of Nigeria sold 157 billion naira ($973 million) of 91-, 182- and 364-day Treasury bills on May […]

The National Pension Commission is making arrangements to transfer N302bn pension funds of police officers under the Contributory Pension Scheme to the newly created NPF Pensions Limited, a Pension Fund Administrator, which will strictly manage pension contributions of the Nigeria Police Force personnel. However, while some operators in the sector […]

The Central Bank of Nigeria and Nigerian Communications Satellite are drafting a Memorandum of Understanding to provide effective Internet services to fast-track the cash-less policy introduced by the central bank. The Head, Shares Services, CBN, Mr. Aaron Yaduma, stated this in Yola on Wednesday during the ongoing cash-less policy sensitisation […]