Economy

By John Ikani  The much-anticipated launch of Nigeria’s Central Bank Digital Currency dubbed eNaira has been postponed by the Central Bank of Nigeria (CBN). According to the CBN Spokesperson,  Osita Nwanisobi, the decision to postpone the...

By John Ikani  As part of efforts geared towards creating a pan-African airline, South Africa’s beleaguered national airline has signed a cooperation agreement with its Kenyan counterpart. This was made known by spokeswoman of South African...

By John Ikani  Myanmar’s currency has lost more than 60% of its value since the beginning of September in a collapse that has driven up food and fuel prices in an economy that has tanked since...

By John Ikani  US Treasury Secretary, Janet Yellen has warned lawmakers that the government will likely run out of cash and extraordinary measures by October 18. Ms Yellen’s warnings came as Republicans in the Senate opposed...

By John Ikani  The Nigerian Extractive Industries Transparency Initiative (NEITI) audit report for 2019, shows that oil and gas companies in Nigeria owe the government $6.48 billion, about N2.659 trillion based on the official exchange rate...

  By Chioma Iruke A suit alleging trademark infringement has been filled before a Federal High Court against the Central Bank of Nigeria (CBN) over the choice of acronym, ‘eNaira’. The suing firm, ENaira Payment Solutions...