Market demand, operational cost hurdles put CBDCs at risk
The possibility of wide acceptability of Central Bank Digital Currencies (CBDCs) has been scored low by the latest Payments Innovation Jury report backed by the […]
cost
USSD debt: Operators fault GTB over data cost
Telecom operators yesterday faulted the comments of the Group Chief Executive Officer, Guaranty Trust Holding Company (GTCO), Segun Agbaje, over the use of Unstructured Supplementary […]
‘Our tech reduces freighting cost’
Trucks Transit Parks Limited (TTP), a leading mobility technology company in the maritime industry has reduced the cost of moving cargoes from the seaports by […]
Cost of borrowing to rise on CBN rate hike
• Apex bank raises interest rate to 17.5% The Central Bank of Nigeria (CBN) yesterday increased the benchmark interest rate by 100 basis points from […]
Subsidies to cost N10.3 trillion
• States facing hard time, says El-Rufai Nigeria plans to spend N6 trillion on fuel subsidy for six months, N4 trillion to subsidise the naira […]
Fidelis Duker laments high cost of fuel
Popular filmmaker and FAD radio boss, Fidelis Duker has lamented the high cost of fuel. This is coming after the sudden hike in Premium Motor […]
Report: cost is eroding consumer trust in financial services
The Measuring Fees and Transparency in Nigeria’s Digital Financial services report has listed cost of financial services as a major barrier to access for price-sensitive […]
Diesel cost: NRC hikes fares on Lagos-Ibadan-Abeokuta route
The Nigeria Railway Corporation (NRC) has released new prices for Lagos-Ibadan and Lagos-Abeokuta train services. The NRC, in a memo addressed to its station managers […]
‘Biosecurity threats cost Africa over $420bn’
The Deputy Regional Director of the United Nations Environment Programme, Dr. Richard Munang, has said that Biosecurity threats cost Africa over US$ 420 billion. Munang […]
Paint manufacturers kick over forex scarcity, cost of raw materials
The Paint Manufacturers Association of Nigeria (PMAN) has lamented scarcity of foreign exchange, just as they have expressed angst over the rising cost of raw […]