In a recent development, governors from Nigeria’s ruling All Progressives Congress (APC) have voiced their opposition to the Central Bank of Nigeria’s (CBN) February 10 deadline...
Olayemi Cardoso, the Governor of the Central Bank of Nigeria, recently revealed that without the bank’s swift and strategic interventions, Nigeria’s inflation, which stood at 34.80%...
The Central Bank of Nigeria (CBN) has imposed hefty fines on nine Deposit Money Banks for failing to ensure cash availability through their ATMs during the...
The Central Bank of Nigeria (CBN) has announced that eligible Bureau de Change (BDC) operators can temporarily access the Nigerian Autonomous Foreign Exchange Market (NAFEM)...
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has called on Nigerians to reconsider emigrating, commonly referred to as “Japa,” emphasizing the...
Concerns have been raised by The Central Bank of Nigeria (CBN) and the Ministry of Finance, concerning the Investment and Securities Bill which was proposed. The...
In the first nine months of 2024, Nigeria spent $3.57 billion on foreign debt servicing—a 39.7% increase from the $2.56 billion spent during the same period...
The Economic and Financial Crimes Commission (EFCC) has detained four officials from Edo State’s Treasury Office, including Accountant General Julius Anelu, at its Benin Office. The...
The Rivers State government has responded to the Federal High Court’s ruling in Abuja, which ordered the suspension of local government allocations. Commissioner for Information, Joe...
The Central Bank of Nigeria (CBN) has recently noticed discussions circulating in public spaces and media. The claim is that the old series of Naira banknotes,...
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