Money worries force Nigerians to cut back on social life
Once known for its vibrant social scene, cost conscious Nigerians are now cutting down on their social life over rising cost of living and dwindling income.
With inflation at 21.47…
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What is AfriGo, the domestic card scheme for a cashless Nigeria?
Nigeria’s central bank launched a national domestic card scheme, AfriGo. This introduces the central bank to the market of card payment schemes in Nigeria's card payments sector in a bid to…
Banks discontinue payment of old naira notes across the counter
Nigeria’s deposit money banks (DMBs) have been directed to discontinue the payment of old N1,000, N500, and N200 notes across the counter.
With this directive effective today Monday,…
Chaos looms as old naira notes phase out nears
The scarcity of the redesigned naira notes intensified over the weekend, frustrating many Nigerians and businesses as they scrambled to replace their old naira notes with the new ones.…
Remote work request surges over rising cost of living
Employees' request for remote work in Nigeria has been on the rise over lingering fuel scarcity that has doubled the cost of transportation in Lagos, the country’s commercial centre.…