Foreign airlines operating in Nigeria have commenced unblocking their low-priced fares on Nigerian routes following the Central Bank of Nigeria’s (CBN) completion of the payment of...
In recent days, Nigeria’s economy has experienced a significant inflow of over $1.5 billion, as confirmed by the Central Bank of Nigeria (CBN). This substantial influx,...
The Economic and Financial Crimes Commission (EFCC) has assumed control of the investigation into Binance Holdings Limited, implicating two senior executives, Tigran Gambaryan and Nadeem...
According to a recent report, some Nigerians who availed themselves of the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank’s targeted credit facility (TCF) have...
In a move to bolster the financial sector’s resilience and capacity, the Central Bank of Nigeria (CBN) has announced new minimum capital requirements for banks, leaving...
Speculators who anticipated a further decline of the naira against the dollar are facing significant losses as the Nigerian currency strengthens, fueled by interventions from the...
The Nigerian naira sustained its upward trajectory against the United States dollar across forex markets on Wednesday, marking significant gains in both official and unofficial segments....
The Nigerian National Petroleum Company (NNPC) Limited has refuted claims of altering the pump prices of premium motor spirit (PMS), commonly known as petrol, at its...
In a move to bolster the nation’s economic governance frameworks and ensure coordinated economic planning and implementation, President Bola Ahmed Tinubu has approved the establishment...
In a move met with concern and apprehension, the Central Bank of Nigeria (CBN) announced a significant hike in the Monetary Policy Rate (MPR) from 22.75...